Mergers & Acquisitions ·
On August 10, 2026, Newmont Corporation and Barrick Mining Corporation entered into a Second Amended and Restated…
NEMNEWMONT Corp
On August 10, 2026, Newmont Corporation and Barrick Mining Corporation entered into a Second Amended and Restated Limited Liability Company Agreement for their Nevada Gold Mines joint venture. The agreement resolves all outstanding disputes between the parties and mandates the contribution of Barrick’s Fourmile project and Newmont’s Fiberline and Mike projects to the joint venture. In connection with these contributions, Newmont will pay Barrick $1.95 billion in cash within 30 days following the Fourmile project's transfer. Concurrently, Newmont and Barrick consented to Barrick’s proposed initial public offering of its North American gold assets. The filing also updates governance approval rights for senior leadership and valuation procedures for future property contributions. Newmont is a global mining company primarily engaged in the exploration, production, and development of gold and copper.