Newmont Goldcorp

Barrick Gold Corp. and Newmont Goldcorp Corp. formed a joint venture, Nevada Gold Mines, combining their Nevada operations. Barrick owns 61.5% and Newmont 38.5%, expecting approximately $480 million in annual synergies.

Barrick Gold Corporation and Newmont Goldcorp Corporation formed a joint venture, Nevada Gold Mines, combining operations in Nevada. Barrick owns 61.5% and Newmont 38.5%, expecting to save approximately $480 million per year.

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.