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Genesis Proposes A$5.6 Billion Merger to Create Gold Major with Vault

8:22am on Monday 6th of July, 2026 AEST Mining
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Genesis Proposes A$5.6 Billion Merger to Create Gold Major with Vault

8:22am on Monday 6th of July, 2026 AEST
Key Points
  • Genesis offers 0.7629 shares plus A$0.475 cash per Vault share
  • Proposal values Vault at A$5.6 billion, a 14.5% premium over Regis bid
  • Combined group to have A$12.6 billion market cap and 600-700koz annual production
  • Estimated A$2.0 billion post-tax synergies over ten years
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