Barrick eyes Nevada Gold Mines as Newmont ramps up deal pressure
Mining News Pro - Canada’s Barrick Gold Corp would be open to taking over Newmont’s stake in its Nevada Gold Mines joint venture, CEO Mark Bristow said on Wednesday, after Newmont’s $16.9 billion bid for Newcrest ramped up pressure on gold miners to do deals.
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Barrick’s first-quarter output hurt by Nevada gold mines
Mining News Pro - Barrick Gold said on Thursday first-quarter production fell 17.7% from the previous three months, hurt by lower output at its Carlin and Cortez mines in Nevada.
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Rare win for union at Nevada Gold Mines
Mining News Pro - Nevada Gold Mines (NGM) – the world’s largest gold mining complex – was created last year as a joint venture between Newmont and Barrick, and the miners said the business combination is expected to generate savings of $500 million a year within the first full five years.
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Nevada Gold Mines exceeds expectations
Mining News Pro - Barrick Gold’s Nevada Gold Mines (NGM), established one year ago Wednesday, posted an exceptional performance in its first 12 months of operation, CEO Mark Bristow said in a media statement Wednesday.
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Nevada Gold Mines donates $1.5m to covid-19 task force
Mining News Pro - Nevada Gold Mines has announced measures to provide financial and logistical support to mitigate the impact of the covid-19 pandemic on local communities.
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Barrick, Newmont launch Nevada Gold Mines
Mining News Pro - Barrick Gold Corp. of Toronto and Newmont Goldcorp Corp. of Denver launched their new partnership on July 1, 2019, in this state. The joint venture (61.5% Barrick and 38.5% Newmont) will operate as Nevada Gold Mines LLC.
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