Newmont pays $1.95 billion to contribute excluded properties into Nevada Gold Mines JV
Reuters2026/08/13 20:39- Newmont reached an amended Nevada Gold Mines JV deal with Barrick to contribute previously excluded properties into the venture.
- Transaction includes USD 1.95 billion consideration from Newmont to Barrick tied to the asset contributions.
- Agreement resolves all outstanding disputes over the JV, adding enhanced governance terms under a modernized joint venture agreement.
- Newmont consented to Barrick’s proposed IPO of its North American gold assets following the settlement.
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