Jul 8, 2026 – 6.25pm2026’s biggest gold deal has turned into a nightmare for Regis Resources, the $5 billion miner whose merger with Vault Minerals was slapped down by rival Genesis Minerals on Monday.Regis Resources chairman James Mactier. Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?
Why walking away from Vault could be Regis’ finest hour
Genesis can justify its bid because it has something Regis does not: operational overlap.
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