Newmont to pay Barrick $1.95 billion to add excluded properties to Nevada Gold Mines JV

Reuters2026/08/10 10:07

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Newmont agreed to contribute previously excluded properties into the Nevada Gold Mines joint venture under an amended agreement with Barrick.
Deal ends all outstanding disputes tied to the joint venture.
Newmont will pay Barrick USD 1.95 billion to reflect the property contributions.
Newmont also granted consent for Barrick’s proposed IPO of its North American gold assets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Newmont Corporation published the original content used to generate this news brief on August 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Newmont to pay Barrick $1.95 billion to add excluded properties to Nevada Gold Mines JV

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