Quarterly Activities Report

Open PDF
Stock VAU.ASX (VAU.ASX)
Release Time 29 Jul 2026, 8:16 a.m.
Price Sensitive Yes
 Vault Minerals Quarterly Activities Report
Key Points
  • Vault Minerals reported a quarterly production of 89,338 ounces of gold.
  • The company closed FY26 with cash and bullion of $842 million.
  • Merger with Genesis Minerals announced to create a new gold major.
  • Standalone FY27 guidance of 355,000 to 375,000 ounces of gold.
Full Summary

Vault Minerals Limited (ASX: VAU) has reported its quarterly activities for the quarter ending 30 June 2026. The company produced 89,338 ounces of gold during the quarter, with sales of 87,922 ounces at an average realised sales price of A$6,311 per ounce and an All-In Sustaining Cost (AISC) of A$2,968 per ounce. Full year production was 336,540 ounces, with sales of 334,901 ounces at an AISC of A$2,924 per ounce. Vault generated underlying free cash flow of $219 million during the quarter, closing FY26 with cash and bullion of $842 million. The company returned $74.3 million to shareholders and settled all remaining hedges for $31.2 million. Additionally, Vault announced a merger with Genesis Minerals Limited to create a new gold major, combining complementary assets with the potential to realize significant operational synergies and establish a top 20 global gold producer.

Guidance

FY27 standalone gold production guidance of 355,000 to 375,000 ounces at an AISC of A$3,150 to A$3,350 per ounce.

Outlook

Vault Minerals expects to continue growth with production guidance for FY27 and outlook for FY28 and FY29. The company anticipates production of 355,000 to 375,000 ounces in FY27 and further growth to 380,000 to 400,000 ounces in FY28.