Original article by Mark Wembridge
The Australian Financial Review – Page: 13 & 16 : 6-May-26
Directors of Regis Resources and Vault Minerals have unanimously recommended a proposed $10.7bn merger that would create the third-largest gold miner on the ASX. The combined entity would have annual production of more than 700,000 ounces and a mineral resource base of 20.5 million ounces of gold. Regis CEO Jim Beyer notes that the merged group would have almost $2bn in cash and would consider additional merger deals. Further consolidation in Australia’s gold sector is possible, after a series of deals over the last 18 months.
CORPORATES
REGIS RESOURCES LIMITED – ASX RRL, VAULT MINERALS LIMITED – ASX VAU