Regis Resources Jumps 13% on Gold Move, Merger Talk Lingers
Regis Resources jumped 13.33% to A$6.63 on Monday as gold miners led sharp gains on the ASX, with the Gold Sub-Index up 9.1%. The S&P/ASX 200 rose 1.25%. Investors await updates on the proposed Vault Minerals merger, with a shareholder vote and court process possible by September. COMEX gold futures rose 2.1% to US$4,330 an ounce.