Barrick, Newmont settle Nevada dispute with $1.95 billion, clearing way for Barrick North America IPO
Barrick and Newmont have resolved all outstanding Nevada Gold Mines disputes with a $1.95 billion cash settlement, incorporating Barrick’s Fourmile and Newmont’s Fiberline and Mike into the JV and clearing the path for Barrick’s planned North American gold assets IPO slated for late 2026. In Q2, Barrick posted adjusted earnings of $0.82 per share, missing consensus due to higher costs and Mali tax penalties, even as gold production beat guidance.
Business · 31 sources · Aug 11, 2026Read itThe journal
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About Nevada Gold Mines
Nevada Gold Mines is an American gold mining company that was formed on July 1, 2019, as a joint venture between Barrick Gold and Newmont through the combination of their significant gold mining assets across northern Nevada. The assets in Nevada Gold Mines include 10 underground mines and 12 surface mines as well as related facilities.
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