Business News: Barrick, Newmont Forge Nevada Joint Venture Agreement

Business News: Barrick, Newmont Forge Nevada Joint Venture Agreement

ELKO, NV (STL.News) – Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) (Barrick) and Newmont Mining Corporation (NYSE:NEM) (Newmont) said today that the two companies have signed an implementation agreement to create a joint venture combining their respective mining operations, assets, reserves, and talent in Nevada.

The joint venture is an historic accord between the two gold mining companies, which have operated independently in Nevada for decades, but have previously been unable to agree terms for cooperation. 

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