Newmont pays Barrick $1.95B to rebalance Nevada JV, adds projects and settles disputes

Filed August 13, 2026 · Period ending August 10, 2026 · ~1 min read

Key Changes

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  Newmont will pay Barrick $1.95 billion in cash within 30 days after project contributions to equalize the value of assets being added to the Nevada Gold Mines joint venture.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
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  Barrick's Fourmile project (valued at ~$3.11B) and Newmont's Fiberline and Mike projects will be contributed to the Nevada JV simultaneously, with the JV assuming all project liabilities.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
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  The companies resolved all outstanding Nevada JV disputes through a confidential settlement agreement, removing litigation uncertainty.

  Item 7.01 — Regulation FD Disclosure verify on EDGAR →