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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.