{
  "id": 5340605,
  "title": "Vox Royalty Australia to acquire 2% NSR royalty on White Dam gold mine",
  "url": "https://urgent.news/2026/09/03/vox-royalty-australia-to-acquire-2-nsr-royalty-on-white-dam-gold-mine",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-03T13:48:51.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/commodities/articles/vox-royalty-australia-acquire-2-134851366.html"
  },
  "original_language": "en",
  "account": "Vox Royalty Australia, a Vox Royalty subsidiary, has reached a binding deal to acquire a 2% net smelter return (NSR) royalty on the White Dam gold mine in South Australia.\n\nThe agreement includes a total upfront cash consideration of $3.57m (A$5m) from a local mining company. The transaction's completion depends on satisfying customary conditions. The White Dam mine, currently operated by Broken Hill Gold, resumed gold production in April 2026 after being recommissioned as a heap leach operation.\n\nThe 2% NSR royalty extends to gold and copper production at White Dam. It covers roughly 400km² of mining and exploration tenure in Curnamona Province, near Broken Hill. The royalty agreement is uncapped, not subject to buyback or reduction, and remains active for the tenements' entire duration.\n\nVox Royalty's president and chief investment officer, Spencer Cole, expressed satisfaction with expanding the Australian royalty portfolio with the producing White Dam gold royalty. The mine produced around 180,000oz of gold from 2010 to 2018 at very low cash costs below A$1,000/oz. Broken Hill Gold resumed mining in April 2026, with plans to increase annual gold output to between 15,000oz and 20,000oz.",
  "summary": null,
  "key_points": [
    "Vox Royalty Australia acquires 2% NSR royalty on White Dam gold mine",
    "$3.57m upfront cash consideration from local mining company",
    "Royalty covers gold and copper production at 400km² mining tenure"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}