Barrick Gold and Newmont Mining form Nevada joint venture

Barrick Gold and Newmont Mining announced an implementation agreement to create a joint venture combining their mining operations, assets, and reserves in Nevada. The JV is expected to capture $500 million in average annual pre-tax synergies.

“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.”miningdigital.com

• 1 source
• miningdigital.comBarrick and Newmont agree Nevada JV, ending merger speculation | Mining DigitalDaniel BrightmoreMay 17, 2020

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