Regis Resources trades higher with gold flat ahead of ASX open
Regis Resources closed at A$6.69 Tuesday, up 0.9% after a 13.3% surge Monday, as gold prices firmed and oil fell. Investors are weighing Regis’s all-share offer for Vault Minerals, which would create a larger Australian gold miner. The S&P/ASX 200 edged up 0.04%, while the Reserve Bank of Australia kept rates steady at 4.35%. Northern Star and Evolution Mining also gained, tracking sector strength.