Sunday, June 30, 2019 6:41:39 AM
The business will be owned 61.5% by Barrick and 38.5% by Newmont, and will be operated by Barrick.
The company's operations produced 4 million ounces of gold last year.
"Nevada Gold Mines will have three tier one gold mines:
Barrick's Cortez; the combination of Barrick's Goldstrike and
Newmont Goldcorp's Carlin; and
Barrick's Turquoise Ridge with
Newmont Goldcorp's Twin Creeks.
In addition, our Goldrush-Fourmile project has the potential
to become the fourth,"
Barrick CEO Mark Bristow said during a presentation
to stakeholders in Elko.
Barrick said its North American regional head Greg Walker
had been appointed as executive managing director of
Nevada Gold Mines.
Bristow said the JV should be finalised
by the end of this quarter
https://www.mining-journal.com/gold-and-silver-news/news/1362715/barrick-newmont-jv-gets
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