Newmont to pay Barrick $1.95 billion to add excluded properties to Nevada Gold Mines JV - NEM News | RalliesNewmont to pay Barrick $1.95 billion to add excluded properties to Nevada Gold Mines JV
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NEM• Newmont agrees to add excluded properties to Nevada Gold Mines JV
- Newmont agreed to contribute previously excluded properties into the Nevada Gold Mines joint venture under an amended agreement with Barrick.
- Deal ends all outstanding disputes tied to the joint venture.
- Newmont will pay Barrick USD 1.95 billion to reflect the property contributions.
- Newmont also granted consent for Barrick’s proposed IPO of its North American gold assets.
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