Sunday, June 30, 2019 6:44:48 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
God Bless America
Recent ABX News
- As Gold Prices Pull Back, Investor Attention Should Ramp Up • AllPennyStocks.com • 10/10/2023 09:01:00 PM
FEATURED Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM
North Bay Resources Announces Mt. Vernon Gold Mine Bulk Sample, Sierra County, California • NBRI • Sep 11, 2024 9:15 AM
One World Products Issues Shareholder Update Letter • OWPC • Sep 11, 2024 7:27 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM