Welcome back to the Short Seller Series – A recap of the most heavily shorted stocks on the ASX and those experiencing significant changes to short interest over the past week.Short selling data is four days behind today's date because reporting is not mandatory until three business days after the…
Record FY26 gold production and strong cash flow were achieved, with disciplined cost control and significant growth investments. The upcoming Genesis-Vault merger is set to create a Top 20 global gold company, with substantial synergies and production growth expected.Original document: Genesis Min…
Bad news drags Australian market lower as oil cracks US$100 againBad news dominated the Australian share market as Middle East tensions pushed oil prices back above the key US$100 a barrel level and worries about the cost of AI also whacked local technology stocks.By the Friday close the ASX 200 ha…
Genesis Minerals Ltd. (GSISF), an Australian gold producer, and Vault Minerals Ltd. (REDLF), a gold miner, have agreed to merge in a transaction expected to create Australia's third-largest gold producer. The deal moved forward after Regis Resources Ltd. (RGRSY), a rival Australian gold company, sa…
The merger creates a top 3 Australian gold producer with 600,000–700,000 oz annual output, AUD 2 billion in synergies, and a robust balance sheet. Integration will focus on operational optimization, workforce engagement, and strategic growth, with completion targeted for November 2026.Based on Gene…
Gold has steadily lost momentum since hitting a record high of US$5,598/oz in January as the Middle East conflict lifted rate expectations due to simmering inflation concerns, and following a substantial appreciation in the US dollar. The June quarter was gold’s weakest in 13 years, ending its thir…
Genesis Minerals (GSISF), an Australian gold miner, has launched a A$5.6 billion cash-and-stock offer for Vault Minerals, another Australian gold miner, moving to beat an earlier all-share agreement Vault had reached with Regis Resources, an Australian gold producer. Under the proposal, Vault share…
Genesis has proposed a superior merger with Vault, offering a significant premium and creating a leading gold producer in the Leonora-Laverton district. The enlarged group would benefit from substantial synergies, enhanced scale, and a strong financial position, with a pro-forma market capitalizati…
Australian shares edged lower on Monday as losses in financials and consumer stocks offset gains in commodities stocks, while Vault Minerals surged to a near four-month peak after a $5.6 billion takeover approach from Genesis Minerals.The S&P/ASX 200 index ASX:XJO fell 0.2% to 8,826, as of 0008 GMT…
For Vault shareholders, the takeover bid from Genesis--which trumps a merger agreed with Regis Resources in May--is "the true end game," says MA Moelis Australia. Their patience could be "rewarded with eventual ownership of [circa] 40% of a company which will now own virtually all of a globally sig…
(22:33 GMT) *Vault Minerals: Gets Unsolicited Binding Proposal From Genesis Minerals (22:35 GMT) *Genesis: Offers Vault Shareholders 0.7629 New Genesis Shares, A$0.475 Cash For Each Vault Share (22:36 GMT) *Genesis: Offer Implies Total Consideration of A$5.274/Vault Share (22:36 GMT) *Genesis: Offe…
Genesis: Offer Implies Total Consideration of A$5.274/Vault Share
Genesis: Offer Values Vault at A$5.6 Billion
Genesis: Offers Vault Shareholders 0.7629 New Genesis Shares, A$0.475 Cash For Each Vault Share
Vault Minerals: Gets Unsolicited Binding Proposal From Genesis Minerals
ASX Weekly Wrap: Gold Whipsaws, Soft US Jobs Data Spark Friday SurgeASX 200 rallies 1.37% to 8,844 as weak US payrolls ease Fed hike bets and gold rebounds above US$4,100, capping a choppy week bridging the FY26 close and FY27 open.In briefToday's Market CloseThe S&P/ASX 200 powered to its highest…
Gold surge helps ASX to a weekly riseSurging prices for Australian gold miners helped the overall share market rally on Friday, up an impressive 1.4%, achieving a 0.9% rise for the week.Investors were more positive about the chances of fewer interest rate rises in the US this year after weaker June…
Australian shares rose on Friday, driven by sharp gains in gold miners after bullion prices jumped on weaker-than-expected U.S. non-farm payrolls data, while general insurer Suncorp slid after lowering its annual premium growth forecast.The S&P/ASX 200 index ASX:XJO gained 0.4% to 8,756.80 by 0010…
Genesis Minerals Ltd ASX:GMD:
Genesis Minerals FY27 Exploration Budget A$80 Million-A$90 Million
