Genesis Minerals Limited Stock News
A$7.65
1.19%
Australia, Sep 25, 04:10 pm AEST.
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Genesis Minerals Limited Stock News
Genesis Minerals has agreed to acquire its smaller peer Vault Minerals in a deal that would create an Australian gold producer with a market capitalisation of around A$12.6 billion ($8.71 billion), the companies said in a joint statement on Tuesday.
Genesis Minerals has made a rival bid for Vault Minerals that values the Australian gold miner at $3.9 billion, trumping an agreed merger with Regis Resources.
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