Dealmaking in the gold sector has increased in recent years as prices of the precious metal soared. Bullion has almost doubled over the past two years, trading near US$4,500 an ounce on Tuesday. Vault was itself formed after two Australian miners consolidated assets in 2024.
(May 5): Australian gold miner Regis Resources Ltd has agreed to buy Vault Minerals Ltd in an all-share transaction that they said values the combined entity at about A$10.7 billion and will attract a wider range of shareholders.
The new entity will overtake Evolution Mining Ltd to become Australia’s third-largest gold producer by market capitalisation. Vault shareholders will receive 0.6947 new fully paid ordinary shares in Regis for each share held, the companies said in a joint statement.
