NGM

Barrick, Newmont settle Nevada dispute with $1.95 billion, clearing way for Barrick North America IPO

Barrick and Newmont have resolved all outstanding Nevada Gold Mines disputes with a $1.95 billion cash settlement, incorporating Barrick’s Fourmile and Newmont’s Fiberline and Mike into the JV and clearing the path for Barrick’s planned North American gold assets IPO slated for late 2026. In Q2, Barrick posted adjusted earnings of $0.82 per share, missing consensus due to higher costs and Mali tax penalties, even as gold production beat guidance.