# Barrick and Newmont Goldcorp form Nevada Gold Mines joint venture

Barrick Gold Corp. and Newmont Goldcorp are nearing regulatory approval for a joint venture called Nevada Gold Mines. Barrick will hold 61.5% and Newmont Goldcorp 38.5%, with Barrick operating the mines. The venture is expected to close by end of June 2019.

- Type: Partnership
- Announced: 2019-05-09
- Where: Nevada, United States
- Status: announced
- Capacity: 4 million ounces of gold per year
- Products: gold
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Barrick Gold](https://endata.com/companies/12881.md) (partner)
- [Newmont Goldcorp](https://endata.com/companies/39394.md) (partner)

## Sources

- [nnbw.com](https://www.nnbw.com/news/2019/may/09/barrick-newmont-mining-merger-nears-completion-bar/), 2019-05-09: "Barrick will hold 61.5 percent and Newmont Goldcorp will hold 38.5 percent of the joint venture, with Barrick operating mines that combined produced more than 4 million ounces of gold last year."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.