Asia
Vault Minerals Posts Lower March Quarter Gold Production, Sales
Vault Minerals (ASX:VAU) said quarterly production reached 78,578 ounces of gold, with sales of 77,707 ounces at an average realized price of AU$6,987 per ounce and all-in sustaining costs (AISC) of AU$3,006 per ounce, according to a Wednesday Australian bourse filing.The company's March 2025 quarter showed production of 87,110 ounces of gold, with sales of 89,827 ounces of gold at an average realised sales price of AU$3,812 per ounce and AISC of A$U2,553 per ounce, according to an earlier filing.The company said year-to-date production stands at 247,203 ounces with sales of 246,981 ounces at an average realized price of AU$5,288 per ounce and AISC of AU$2,909 per ounce, with Leonora operations contributing 43,349 ounces for the quarter at AISC of AU$2,848 per ounce.Underlying free cash flow for the quarter was AU$229 million, with cash and bullion of AU$728 million at quarter end, excluding AU$38.1 million of gold in circuit and concentrate on hand at net realizable value, the filing added.The company said it remains on track to deliver its fiscal year 2026 guidance of 332,000 to 360,000 ounces at AISC of AU$2,650 to AU$2,850 per ounce, with no disruption to diesel supply and a supply contract in place with a global oil major.
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