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ASX:VAU

12 stories mentioning ASX:VAU

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Asia

Australian Shares Rally; Vault Minerals on Track to Deliver Fiscal Year 2026 Gold Production Guidance

Australian shares continued their rally on Monday after the US and Iran said they had reached a deal to reopen the critical Strait of Hormuz.The S&P/ASX 200 Index jumped 1.25%, or 110 points, to close at 8,914.US President Donald Trump said that the US and Iran would sign the agreement on Friday, and the Strait of Hormuz would open. Brent crude oil fell over 4% to around $83 per barrel.On the domestic front, capital city housing prices in Australia are forecast to fall 2.1% this year and 3.3% in 2027, ANZ Research said. The bank had previously forecast 2.8% growth in 2026 and 2.1% in 2027. It attributed the reduction in forecasts to a combination of global uncertainty, three consecutive cash rate hikes, and recent housing policy changes, which have led to a sharper-than-expected slowdown in the housing market.In company news, Vault Minerals (ASX:VAU) is on track to deliver fiscal year 2026 gold production guidance of 332,000 to 360,000 ounces after achieving production of 306,542 ounces in the fiscal year to date through May.Woodside Energy Group (ASX:WDS) confirmed in a bourse filing that it is not engaged in talks on a potential transaction with Exxon Mobil after media reports said it was among several potential acquisition targets being evaluated by the US energy giant.Ora Banda Mining (ASX:OBM) entered into a AU$233 million engineering, procurement, and construction contract with GR Engineering Services (ASX:GNG) to deliver a 3 million tonnes per annum processing plant at Ora Banda Mining's Davyhurst Mill Expansion Project in Western Australia.

ASX 200ASX:GNGASX:OBMASX:VAUASX:WDS
Asia

Vault Minerals on Track to Deliver Fiscal Year 2026 Gold Production Guidance; Shares Gain 15%

Vault Minerals (ASX:VAU) is on track to deliver fiscal year 2026 gold production guidance of 332,000 to 360,000 ounces after achieving production of 306,542 ounces in the fiscal year to date through May, according to a Monday filing with the Australian bourse.The fiscal year 2026 production outlook includes 185,000 to 200,000 ounces from its Leonora operations, 75,000 to 82,000 ounces from Mount Monger, and 72,000 to 78,000 ounces from its Deflector mine, per the filing.The guidance also sets the base for the company's three-year outlook, with Vault Minerals expecting consolidated production to rise to between 360,000 and 390,000 ounces in fiscal year 2027 before hitting 370,000 to 400,000 ounces in fiscal year 2028.Vault Minerals said its capital expenditure will fall "significantly" in fiscal year 2027 and slide again in fiscal year 2028.The company's shares surged 15% in recent Monday trade.

ASX:VAU
Asia

Update: Vault Minerals Advances Canada Gold Project Restart With Filing of Updated Permit; Shares Up 5%

(Updates to add stock movement in headline and last paragraph)Vault Minerals (ASX:VAU) has submitted a closure plan amendment to the Ontario Ministry of Energy and Mines to support the restart of its Sugar Zone gold mining project in Canada, according to a Friday filing with the Australian bourse.The company plans to restart underground development at Sugar Zone in the first quarter of fiscal year 2027, followed by the recommencement of processing and gold production in the first quarter of fiscal year 2028, per the filing.The company's shares rose nearly 5% in afternoon trade on Friday.

ASX:VAU
Asia

Vault Minerals Advances Canada Gold Project Restart With Filing of Updated Permit

Vault Minerals (ASX:VAU) has submitted a closure plan amendment to the Ontario Ministry of Energy and Mines to support the restart of its Sugar Zone gold mining project in Canada, according to a Friday filing with the Australian bourse.The company plans to restart underground development at Sugar Zone in the first quarter of fiscal year 2027, followed by the recommencement of processing and gold production in the first quarter of fiscal year 2028, per the filing.

ASX:VAU
Asia

Vault Minerals Says Macquarie Becomes Substantial Holder

Vault Minerals (ASX:VAU) said Macquarie Group (ASX:MQG) and its controlled entities have become a substantial holder in the company on May 29, with a stake of 5.01%, or 51.9 million shares, according to a Wednesday Australian bourse filing.The company's shares were up 1% in recent Wednesday trade.

ASX:MQGASX:VAU
Asia

Vault Minerals Says Macquarie Ceases to Be a Substantial Holder, Shares Fall 7%

Vault Minerals (ASX:VAU) said Macquarie Group (ASX:MQG) and its controlled entities have ceased to be a substantial holder in the company on May 25, according to a Thursday Australian bourse filing.The company's shares were down 7% in recent Thursday trade.

ASX:MQGASX:VAU
Asia

Regis Resources, Vault Minerals Merger of Equals Creates Meaningful Scale, Says Euroz Hartleys

Regis Resources (ASX:RRL) and Vault Minerals (ASX:VAU) proposed a merger of equals that would create a mid-tier gold producer of meaningful scale and a combined market capitalization of roughly AU$10.7 billion, Euroz Hartleys said in a note on Tuesday.Under the proposed deal, Vault shareholders will receive 0.6947 shares in Regis for each Vault share owned. Regis shareholders will own about 51% of the merged company and Vault shareholders the remaining 49%, as per a Tuesday joint filing with the Australian bourse.The merger, which will translate to over 700,000 ounces of gold production per year through five operating assets across Western Australia, benefits from a debt-free balance sheet, a robust and growing reserve and resource base, and potential operational synergies that could cut costs.The increased capitalization will also bolster liquidity, lower the cost of capital and support future growth and shareholder returns, it added.Euroz Hartleys maintained a buy rating for Vault and is reviewing a price target for the company.

ASX:RRLASX:VAU
Asia Markets

Australian Shares Fall as RBA Raises Cash Rate; Regis Resources to Acquire Vault Minerals in Merger of Equals

Australian shares fell on Tuesday after the Reserve Bank of Australia (RBA) decided to increase the official cash rate by 25 basis points to 4.35%.The S&P/ASX 200 Index retreated nearly 0.2%, or 16.60 points, to close at 8,680.50, setting a new 20-day low.Brent crude oil futures fell to $112.93 per barrel. The US and Iran conducted new attacks in the Persian Gulf in a bid to enforce blockades in the waterway. Maersk said the Alliance Fairfax, a US-flagged vehicle carrier operated by its Farrell Lines unit, exited the Strait of Hormuz accompanied by US military assets ​on Monday, Reuters reported.On the domestic front, Australia's seasonally adjusted household spending rose 1.6% to AU$80.41 billion in March, following a 0.3% increase in the previous month, the Australian Bureau of Statistics reported.The central bank said inflation picked up materially in the second half of 2025, with information since the beginning of 2026 confirming that some of the increase reflected greater capacity pressures. The RBA noted that the Middle East conflict has resulted in sharply higher fuel and related commodity prices already adding to inflation, with early signs that many firms experiencing cost pressures are looking to increase prices of goods and services.Australia's service sector returned to expansionary territory in April, helped by a recovery in business activity following a contraction in March. The S&P Global Australia Services PMI Business Activity Index rose to 50.7 in April from 46.3 in March.In company news, Regis Resources (ASX:RRL) agreed to acquire Vault Minerals (ASX:VAU) in a merger of equals to create a major gold producer that is expected to produce more than 700,000 ounces of gold per year through five operating assets across Western Australia. Under the proposed deal, Vault shareholders will receive 0.6947 shares in Regis for each Vault share owned. Regis' shares fell over 5% at market close, while those of Vault rose nearly 3%.Westpac Banking (ASX:WBC, NZE:WBC) reported fiscal first-half earnings of AU$1.014 per share excluding notable items, up from AU$0.998 a year earlier. Net operating income for the six months ended March 31 was AU$11.28 billion, compared with AU$10.99 billion a year earlier. Its shares closed down nearly 2%.Lastly, Magellan Financial Group (ASX:MFG) appointed Vinva Investment Management as the investment manager of certain global equity funds. The investment strategy for the Magellan Global Fund Open Class Units Active ETF and the Magellan Global Fund Hedged, which had about AU$5.3 billion of assets under management at the close of April, will be changed to the Vinva Global Alpha Strategy. Its shares fell over 6% on market close.

ASX 200ASX:RRLASX:VAUASX:WBC
Asia

ASX Midday Sector Update: Information Technology Stocks Gain, Materials Struggle

Information technology stocks advanced 1.2% in midday trading Tuesday as markets awaited an interest rate decision from the Australian central bank due later in the afternoon.WiseTech Global (ASX:WTC) gained more than 6%, but Gentrack Group's (ASX:GTK, NZE:GTK) Australian-listed shares tumbled past 32% after the company cut its fiscal year 2026 revenue guidance.Meanwhile, materials stock led decliners with a fall of 1.2%, as nearly all sectors were in the red after tensions around the Strait of Hormuz intensified following a suspected Iranian attack on a United Arab Emirates oil facility.Regis Resources (ASX:RRL) agreed to acquire Vault Minerals (ASX:VAU) in a merger of equals to create a major gold producer with a pro forma market capitalization of about AU$10.7 billion. Regis shares fell nearly 5% and Vault gained over 4%.

ASX 200ASX:GTKASX:RRLASX:VAUASX:WTC
Asia

ASX Preview: Australian Shares Set to Fall as US-Iran Tensions Escalate; Westpac Banking Posts Higher Fiscal H1 Adjusted Earnings, Net Operating Income

Australian shares are poised to fall on Tuesday after renewed US-Iran hostilities and attacks around the Strait of Hormuz rattled global markets, sending oil prices higher and heightening fears over disruption to a key energy shipping route.Overnight, the S&P 500, the Nasdaq Composite, and the Dow Jones Industrial Average fell 0.4%, 0.2%, and 1.1%, respectively.In the macroeconomy, Australian services activity edged back into expansion in April as firms increased hiring and output, but persistent inflation driven by higher fuel costs linked to Middle East tensions continued to weigh on new orders and keep business sentiment subdued, according to a monthly survey by S&P Global released Tuesday.Reserve Bank of Australia's monetary policy decision is due at 2:30 pm Sydney time.In corporate news, Westpac Banking (ASX:WBC) reported Tuesday fiscal first-half earnings of AU$1.014 per share excluding notable items on net operating income of AU$11.28 billion, compared with earnings of AU$0.998 on net operating income of AU$10.99 billion a year earlier.Regis Resources (ASX:RRL) agreed to acquire Vault Minerals (ASX:VAU) in a merger of equals to create a major gold producer with a pro forma market capitalization of about AU$10.7 billion.Australia's benchmark index fell 0.4% or 32.7 points to close at 8,697.10 on Monday.

ASX 200ASX:RRLASX:VAUASX:WBC
Asia

Regis Resources to Acquire Vault Minerals in Merger of Equals

Regis Resources (ASX:RRL) agreed to acquire Vault Minerals (ASX:VAU) in a merger of equals to create a major gold producer with a pro forma market capitalization of about AU$10.7 billion, according to a Tuesday joint filing with the Australian bourse.Under the proposed deal, Vault shareholders will receive 0.6947 shares in Regis for each Vault share owned. Regis shareholders will own about 51% of the merged company and Vault shareholders the remaining 49%, per the filing.The combined company will be listed in Australia and is expected to produce more than 700,000 ounces of gold per year through five operating assets across Western Australia.Regis CEO Jim Beyer will be the CEO of the combined firm, with Anthony Rechichi as its chief financial officer and Michael Holmes as chief operating officer.The merger partners said they see opportunity to realize more than AU$500 million of corporate tax benefits and reduce the combined firm's cost of capital.The deal is subject to certain conditions, including court, regulatory, and Vault shareholder approvals, and carries a break fee of about AU$50.7 million.

ASX:RRLASX:VAU
Asia

Vault Minerals Posts Lower March Quarter Gold Production, Sales

Vault Minerals (ASX:VAU) said quarterly production reached 78,578 ounces of gold, with sales of 77,707 ounces at an average realized price of AU$6,987 per ounce and all-in sustaining costs (AISC) of AU$3,006 per ounce, according to a Wednesday Australian bourse filing.The company's March 2025 quarter showed production of 87,110 ounces of gold, with sales of 89,827 ounces of gold at an average realised sales price of AU$3,812 per ounce and AISC of A$U2,553 per ounce, according to an earlier filing.The company said year-to-date production stands at 247,203 ounces with sales of 246,981 ounces at an average realized price of AU$5,288 per ounce and AISC of AU$2,909 per ounce, with Leonora operations contributing 43,349 ounces for the quarter at AISC of AU$2,848 per ounce.Underlying free cash flow for the quarter was AU$229 million, with cash and bullion of AU$728 million at quarter end, excluding AU$38.1 million of gold in circuit and concentrate on hand at net realizable value, the filing added.The company said it remains on track to deliver its fiscal year 2026 guidance of 332,000 to 360,000 ounces at AISC of AU$2,650 to AU$2,850 per ounce, with no disruption to diesel supply and a supply contract in place with a global oil major.

ASX:VAU