Vox Royalty Acquires 2% NSR Royalty at South Australia's White Dam Gold Mine
Vox Royalty Australia has entered into a binding agreement to acquire a 2% net smelter return (NSR) royalty on the White Dam gold mine in South Australia. The company will pay $3.57 million upfront for this interest, which is subject to customary conditions precedent before completion. The mine, operated by Broken Hill Gold, recently began producing gold again after recommissioning its heap leach operation in April 2026 and plans to resume fresh ore mining in 2027. White Dam previously produced around 180,000 ounces of gold between 2010 and 2018 at low cash costs. The new royalty covers a large area with exploration potential and includes both gold and copper production rights without caps or buyback provisions. Broken Hill Gold recently secured A$13 million in financing to support expansion plans, including the discovery of high-grade mineralization at White Dam North. Vox Royalty's president highlighted that this acquisition expands its Australian portfolio and adds a producing asset with exploration upside.
Topics: Acquisition Gold Production Mining