Mar 11, 2019PARTNERSHIPNevada, United States Barrick and Newmont form Nevada joint venture
Barrick Gold and Newmont Mining have signed an implementation agreement to create a joint venture combining their mining operations in Nevada, with Barrick as operator and ownership split 61.5% Barrick and 38.5% Newmont.
Capacity
4 million ounces of gold per year
Productsgold
“We are finally taking down the fences to operate Nevada as a single entity in order to deliver full value to both sets of shareholders.”barrick.com
- 4 sources
- barrick.comBarrick Mining Corporation - Barrick and Newmont Forge Nevada Joint Venture AgreementMar 11, 2019
- newmont.comBarrick and Newmont Forge Nevada Joint Venture ...Mar 11, 2019
- mining.comBarrick gives up plans to acquire Newmont, will form Nevada JV instead - MINING.COMMar 11, 2019
- telegraph.co.ukBarrick drops $18bn bid for Newmont in favour of Nevada joint ventureJon YeomansMar 11, 2019
Summarized from public sources; check the original articles before acting on it.