Vox Royalty Restructures Gold Offtake to Focus on Canada's Greenstone Mine

Vox Royalty Corp. has announced a significant restructuring agreement with Equinox Gold Corp., shifting its 35% gold offtake commitment from Brazilian mines to the Greenstone gold mine in Ontario. This move follows Equinox's asset sale in Brazil. The adaptation strengthens Vox's presence in Canadian mining assets, offering exposure to Greenstone, considered one of Equinox's key properties.

The agreement ensures Vox receives about 226,000 ounces via a production-linked off-take from Greenstone, starting with a minimum of 63,600 ounces in 2026. This change aligns with Vox's strategic focus on tier-one Canadian assets, enhancing their existing agreement for gold delivery up to March 2027.

Greenstone, a notable mine in Ontario, began commercial operations in November 2024. Equinox has been optimizing its production capacity, targeting up to 300,000 ounces in 2026 at costs between $1,350 and $1,450 per ounce.