SYDNEY, June 18, 2026, 08:05 AEST
- Vault Minerals ended Wednesday at A$4.99, gaining 5.94%. Volume was 11.7 million shares. The ASX cash market sat in pre-open at the dateline. Australian Securities Exchange
- The miner said it’s still aiming for FY26 production of 332,000–360,000 ounces. So far, it has produced 306,542 ounces through May.
- Gold stocks lifted the Australian sharemarket, even as bullion slipped after the Federal Reserve kept rates steady and left the door open to a hike later this year. Market Index
Vault Minerals Limited shares were trading close to a recent high going into Thursday after gaining almost 6% in Sydney. Investors have continued to buy Australian gold miners, shrugging off a big year for capital spending at the company.
VAU shares closed Wednesday at A$4.99, adding A$0.28, or 5.94%, according to ASX data. The market was in pre-open at the time of the last trade, with regular trading on the ASX set from about 09:59:45 to 16:00 Sydney time. Australian Securities Exchange
This isn’t a simple lift in the gold names. Vault has climbed close to 24% over the A$4.01 share price in its June corporate update, based on market data linked to the announcement. Traders lifted the stock on its production outlook and chance for merger deals. Market Index
Vault reported consolidated gold production hit 306,542 ounces as of May 31. The company held full-year 2026 gold output guidance steady at 332,000 to 360,000 ounces. Vault kept its all-in sustaining cost range at A$2,650 to A$2,850 per ounce, and is targeting FY26 capital spending of A$278 million.
Vault tells investors that spending will hit a high soon and then come down. The company expects to produce 360,000 to 390,000 ounces in FY27 and 370,000 to 400,000 ounces in FY28. Vault also said the King of the Hills plant upgrade is running ahead of schedule and should be ready by September 2026.
S&P/ASX 200 added 0.55% to finish at 8,966.3 on Wednesday. Gold Sub-Index jumped 3.8%. Shares in Evolution Mining lifted 2.9% and Northern Star Resources advanced 2.6%. Regis Resources, which is lined up for a merger, rose 5.4%. The move came as broad market sentiment firmed. Market Index
Regis is still central to the narrative for the stock. The merger proposal would see Vault holders offered 0.69472 Regis shares for each Vault share, leaving Vault investors with about 49% of the combined firm. The new group will keep the Regis Resources name and aims for annual output topping 700,000 ounces of gold.
Regis CEO Jim Beyer, who will head the combined group, told analysts the deal will make the company “a stronger company with greater scale, improved diversification and a stronger balance sheet.” Reuters said in May that both boards have approved the deal, but it still needs other sign-offs. Reuters
Vault still needs permits before it can fully restart work at the Sugar Zone project in Ontario. The company said it filed a Closure Plan Amendment, or CPA, on June 9 after technical review and First Nations consultation. Vault has set a target to begin development-only mining in Q1 FY27, but will need to clear the CPA first.
Gold could stop offering support. Reuters said spot gold dropped 0.7% to $4,299.89 an ounce after the Fed kept rates at 3.50%–3.75% but left the door open for a rate hike this year. Higher rates hurt gold, which does not pay interest. For Vault, that macro risk comes on top of execution risk at King of the Hills, Sugar Zone approvals, and the timeline for the Regis merger. Reuters
