Regis Resources, Vault Minerals merge to create $7.7 billion gold producer

Reuters | May 4, 2026 | 4:05 pm Markets Australia Gold

Regis Resources to expand underground operations with two new mines

The Duketon gold project, located in the North Eastern Goldfields of Western Australia. (Image courtesy of Regis Resources.)

Australian gold producers Regis Resources and Vault Minerals will merge in an all-stock deal, the companies said on Tuesday, creating a combined entity valued at around A$10.7 billion ($7.67 billion).

Regis will offer 0.6947 of its shares for each Vault share, implying a deal value of A$5.15 billion, according to a joint statement.

Regis’s offer is at a 10.7% premium to Vault’s last close of A$4.50 on Monday. The deal is set to realize over A$500 million of corporate tax benefits and lower the cost of capital for the combined company, according to both firms.

Regis shareholders will own around 51% of the combined entity and Vault shareholders will own the rest, the statement said.

The boards of both companies unanimously recommended the proposal, subject to no superior proposal emerging.

($1 = 1.3953 Australian dollars)

(By Nikita Maria Jino; Editing by Sahal Muhammed)