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This $12.6b ASX mega-merger shows winter may be coming for gold
Gold’s surge has been one of the big stories of the past 18 months. But prices are plunging and the birth of a new ASX giant shows more pain may be coming.
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Timeline cronologica
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Regis bows out of race to acquire $5.6b-valued Vault Minerals
The Perth-based miner has cleared the way for Genesis Minerals to combine with Vault to create a $12.6 billon gold producer.
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This $12.6b ASX mega-merger shows winter may be coming for gold
Gold’s surge has been one of the big stories of the past 18 months. But prices are plunging and the birth of a new ASX giant shows more pain may be coming.
- ·
Genesis says $12.6b gold merger built for tough times
Chairman Raleigh Finlayson says the synergies created by the union with Vault Minerals suits an era of lower gold prices.