Vault Minerals reported gold production of 76,849 ounces for the quarter ended 30 September 2026. Gold sales were 79,085 ounces at an average realised price of A$6,023 per ounce, while all-in sustaining costs were A$3,529 per ounce.
The company said the stage 2 upgrade at its King of the Hills processing facility was completed ahead of schedule and on budget. Construction and installation were completed in September, with tie-ins and commissioning beginning in early October; Vault expected full commissioning following performance testing scheduled for late October.
Vault said operational results were mixed: weather-related impacts at Leonora were offset by a slow start at underground operations, where manning and equipment constraints affected production. The company closed the quarter with A$886.7 million in cash and bullion, excluding A$33.6 million of gold in circuit and concentrate, and reported no corporate debt or gold hedge exposure.
Vault has issued standalone FY27 guidance of 355,000 to 375,000 ounces at AISC of A$3,150 to A$3,350 per ounce, with projected growth to 380,000 to 400,000 ounces in FY28. The company also said its proposed merger with Genesis Minerals remained on track for anticipated implementation in late November 2026, subject to remaining scheme conditions.
Source: Download VAU official ASX announcement, 2026-10-22.
Aerial view of the new ball mill and pebble crusher from Vault Minerals' 22 October 2026 quarterly activities announcement.