Workflow
Mining Royalty and Streaming
icon
Search documents
Vox Royalty Acquires Feasibilty-Stage Stockman Copper-Gold Royalty in Australia
Accessnewswire· 2025-12-18 14:00
DENVER, CO / ACCESS Newswire / December 18, 2025 / Vox Royalty Corp. (TSX:VOXR)(NASDAQ:VOXR) ("Vox" or the "Company"), a returns-focused mining royalty and streaming company, is pleased to announce that it has executed a binding agreement to acquire an existing royalty over the feasibility-stage Stockman copper-gold-zinc-silver project ("Stockman") in Victoria, Australia. The royalty is a 1.5% Net Smelter Return royalty, reducing to 1.0% after nine million tonnes of production (the "Royalty"). ...
Agnico Eagle Mines (NYSE:AEM) Conference Transcript
2025-12-11 15:07
Summary of Agnico Eagle Mines Conference Call Company Overview - **Company**: Agnico Eagle Mines (NYSE:AEM) - **Industry**: Mining, specifically gold production - **Position**: Canada's largest mining company and the second largest gold producer globally - **Operations**: Canada, Australia, Finland, and Mexico with a pipeline of exploration and development projects [2][3] Key Points and Arguments Gold Market Performance - Gold prices have increased over 60% year-to-date, reaching record levels over $4,200 per ounce due to geopolitical uncertainty, central bank buying, high global debt levels, and de-dollarization trends [3][4] - Gold equities have outperformed gold itself, with share performance exceeding 100% in 2025, indicating strong investor interest [4] Agnico Eagle's Business Model - Agnico operates 10 assets across five regions and four countries, with approximately 85% of production from Canada [5] - The company focuses on regions with geological potential for multiple mines and political stability, which provides a competitive advantage [6][7] - Over the last 20 years, Agnico has increased its gold production from 250,000 ounces to nearly 3.5 million ounces per year, a 14-fold increase [8] Financial Performance - Agnico has maintained a strong financial position, reducing net debt from $200 million to a net cash position of $2.2 billion as of September, with expectations to reach $3 billion by year-end [10] - The company has consistently paid dividends, totaling $600 million year-to-date, with an expected full-year payout of $800 million [11] Capital Allocation and Growth Strategy - Agnico plans to reinvest approximately $2.1 billion in sustaining growth capital expenditures, focusing on five key projects that could add 1.3-1.5 million ounces of annual production over the next five to eight years [12][13] - Key projects include Detour Lake and Canadian Malartic, both capable of producing over one million ounces per year [32] Production and Cost Management - All-in sustaining costs are approximately $300 per ounce, significantly lower than peers, providing a competitive edge [30] - The company has expanded its margins to over 60% as gold prices increase, effectively passing on 99% of gold price increases to investors [9] Community Engagement and Sustainability - Agnico emphasizes strong relationships with local and Indigenous communities, being the largest payer to Indigenous communities in Canada [32] - The company is committed to responsible operations and environmental stewardship, particularly in sensitive areas like Nunavut [24][49] Additional Important Insights - Agnico's long mine life estimates indicate over 15 years of production potential across its properties, with some assets extending beyond 2050 [27] - The company has a robust pipeline of projects that are expected to generate significant free cash flow and support production growth in the coming years [12][32] - The strategic focus on regional operations allows Agnico to leverage existing infrastructure and relationships, enhancing operational efficiency and reducing risks [6][7] This summary encapsulates the key insights from the Agnico Eagle Mines conference call, highlighting the company's strong market position, financial health, growth strategy, and commitment to community engagement and sustainability.
Vox Royalty Announces Q3 2025 Financial Results and Declares Quarterly Dividend
Accessnewswire· 2025-11-12 21:05
Core Viewpoint - Vox Royalty Corp. has reported its operating and financial results for Q3 2025, highlighting its focus on returns in the mining royalty and streaming sector [1] Financial Performance - The company’s financial results for the third quarter ended September 30, 2025, are presented in U.S. dollars [1] Operational Highlights - Vox Royalty Corp. emphasizes its commitment to delivering returns through its mining royalty and streaming operations [1]
Vox Royalty Announces Changes To Board of Directors
Accessnewswire· 2025-10-16 22:00
Core Insights - Vox Royalty Corp. has announced changes to its Board of Directors, appointing Mr. Luis Azevedo and the departure of Shannon McCrae and Donovan Pollitt [1][2] Company Update - Mr. Azevedo brings over 30 years of experience in the mining sector, particularly in Brazil, and is expected to enhance Vox's global business development efforts [2][3] - The company has a portfolio of over 80 assets across eight jurisdictions and has completed over 30 transactions to acquire more than 70 assets since 2020 [8][9] About Mr. Luis Azevedo - Mr. Azevedo is a mining executive, lawyer, and geologist with a B.Sc. in Geology and a Law Degree, recognized for his expertise in the Brazilian Mining Code [3][7] - He has held executive positions in various mining companies, including Avanco Resources, which was sold for approximately A$418 million in 2018 [5][6] - Azevedo is also a prominent advocate for Brazil's mining sector, leading the Brazilian Mining Prospectors Association and recognized as one of Brazil's top mining figures [7]
Vox Royalty Completes Acquisition of Transformational Global Gold Portfolio
Globenewswire· 2025-09-26 18:15
Core Points - Vox Royalty Corp has completed the acquisition of a global gold portfolio consisting of ten gold offtake and royalty assets, covering twelve mines and projects across eight jurisdictions [1] - The total upfront cash consideration for the acquisition was $57.5 million, with an additional $2.5 million in deferred milestones, fully financed by a public offering of 17,094,750 common shares, generating gross proceeds of $63.25 million [2] Company Overview - Vox is a returns-focused mining royalty and streaming company with a portfolio of over 80 assets across eight jurisdictions, established in 2014 [4] - The company has built unique intellectual property and a technically focused transactional team, allowing it to target high returns on royalty acquisitions in the mining sector [4] - Since the beginning of 2020, Vox has announced over 30 transactions to acquire more than 70 assets [4]
Franco-Nevada Reaches Settlement on Canadian Tax Disputes
Prnewswire· 2025-09-11 21:42
Core Insights - Franco-Nevada Corporation has reached a settlement with the Canada Revenue Agency (CRA) regarding tax disputes related to transfer pricing for the years 2013 to 2019 [1][3][7] - The settlement allows Franco-Nevada to avoid paying taxes in Canada on foreign earnings from its subsidiaries during the specified years [7] - The adjustment in service fees will increase the mark-up on costs from 7-20% to 30%, resulting in an additional taxable income of C$1.4 million [7] Settlement Details - The settlement resolves the tax dispute and provides greater investment certainty for Franco-Nevada's global growth ambitions [3] - Transfer pricing penalties from the reassessments will be reversed, and interest charges will be adjusted accordingly [7] - The settlement is not legally binding for years after 2019, but the established transfer pricing principles are expected to apply unless there are material changes [7] Company Overview - Franco-Nevada is a leading gold-focused royalty and streaming company with a diversified portfolio of cash-flow producing assets [5] - The company utilizes its free cash flow to expand its portfolio and pay dividends, trading under the symbol FNV on both the Toronto and New York stock exchanges [5] - Over the last 18 months, Franco-Nevada has completed approximately $3 billion in transactions to enhance its asset portfolio [3]