Australian producers Genesis Minerals and Vault Minerals have agreed to merge by means of a Vault scheme of arrangement under which Genesis will acquire 100% of the fully paid ordinary shares in Vault. The deal will create a top-three Australian gold producer with 600,000–700,000 ounces of immediate annual gold production and a pro-foma market capitalisation of around A$12.6 billion. The…
Read MoreGenesis, Vault merger to create new Australian gold major
