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Genesis and Vault Merge to Form New A$12.6 Billion Australian Gold Major

8:45am on Tuesday 14th of July, 2026 AEST Mining
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Genesis and Vault Merge to Form New A$12.6 Billion Australian Gold Major

8:45am on Tuesday 14th of July, 2026 AEST
Key Points
  • Vault shareholders to receive 0.7629 Genesis shares plus A$0.475 cash per share
  • Merger values Vault at ~A$5.6 billion, a 15.7% premium
  • Pro-forma market cap of A$12.66 billion with 600-700koz annual production
  • Estimated synergies of A$2 billion over 10 years, mainly from Leonora district assets
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