Key Highlights

  • Vault Minerals (ASX:VAU) traded at A$5.83 during the 6 November 2026 session, down 3.64%.
  • The September 2026 Quarterly Report of 22 October 2026 reported 76,849 oz of gold produced and 79,085 oz sold.
  • Group AISC for the quarter was A$3,529 per ounce, with sales at an average realised price of A$6,023 per ounce.

Vault Minerals (ASX:VAU) shares were quoted at A$5.83 during the 6 November 2026 session, down 3.64%. Over the same session the S&P/ASX 300 Metal & Mining index (XMM) fell 2.92% to 7,699.50, and the S&P/ASX 200 (XJO) was down 0.49% at 9,020.80. The share price move is not linked to the quarterly activities report dated 22 October 2026. Vault is an ASX-listed Australian gold producer with operations across Western Australia, including Mount Monger, Deflector, Leonora and Sugar Zone.

Latest Developments

September 2026 Quarterly Activities Report (released 22 October 2026)

Vault produced 76,849 oz of gold and sold 79,085 oz at an average realised price of A$6,023 per ounce, with group AISC of A$3,529 per ounce. Leonora produced 44,467 oz at an AISC of A$2,885 per ounce, while Mount Monger produced 15,320 oz at A$3,865 per ounce. Deflector produced 17,062 oz and 76 tonnes of copper, with an AISC of A$4,987 per ounce including a A$307 per ounce non-cash stockpile charge.

The company said underground operations at Sugar Zone had recommenced on 1 July 2026, with 340 metres of development completed in the quarter and site manning up 87% from 30 June 2026.

Growth Updates in the Same Report

Vault said the stage 2 KoTH processing Facility upgrade was completed ahead of schedule and on budget, with commissioning expected to finish after performance testing in late October 2026. The company reported Ore Reserves of 3.9 million ounces and Mineral Resources of 12.1 million ounces at 30 June 2026.

About the Company

Vault Minerals is an ASX-listed gold producer headquartered in Western Australia. Its quarterly report organises operations into Mount Monger, Deflector, Leonora and Sugar Zone, and the company provides production, sales and AISC data for each region.

Business Overview

Vault's Business is gold mining and processing, with production drawn from open pit and underground operations across its Western Australian portfolio. Its growth work includes the KoTH processing upgrade and the restart of underground development at Sugar Zone.

Sector Context

Vault's results depend on the gold price and on operating costs. The session data recorded gold at US$4,076.20, down 0.91%, and the S&P/ASX 300 Metal & Mining Index fell 2.92% on 6 November 2026. On 6 November 2026 the session data showed weakness in international markets overnight, and gold, silver and copper all eased.

Risks to Watch

Vault's report points to stockpile accounting effects at Deflector, ramp-up activity at Sugar Zone and the timing of KoTH commissioning. A separate Genesis Minerals quarterly report refers to an agreed Merger between Genesis and Vault under a scheme of arrangement, which remains subject to its own conditions and timing.

Catalysts on Watch

Investors may follow the completion of KoTH commissioning, the ramp-up at Sugar Zone, the proposed merger process with Genesis Minerals and the company's next quarterly report.

Final Takeaways

Vault Minerals (ASX:VAU) traded lower on 6 November 2026 during a session that weighed on the gold sector. Its September 2026 quarterly activities report, released on 22 October 2026, reported production, sales and AISC data and progress on growth projects. Readers can review the full report for asset-level figures.