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Kaaren Morrissey

INSANE: Gold miner to enter top three after perfect pairing | Rare Historical Photos

Gold Genesis Vault Australia Regis

Two mining companies are joining forces, creating the third-largest gold producer in Australia. (Susie Dodds/AAP PHOTOS)

Australia's gold sector is in for a shake-up with the upcoming merger of two local miners, creating the third-largest yellow metal producer in the nation.

Western Australia-based Vault Minerals and Genesis Minerals have sealed a multibillion-dollar tie-up, after the former agreed to be taken over.

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