barrick

Gold Miner Giants Clash: Newmont vs Barrick Over Nevada Joint Venture ⚒️

Mining rivals Newmont Corporation and Barrick Gold Corporation are publicly sparring over their massive Nevada Gold Mines joint venture — a key asset in North America’s largest gold mining hub. The dispute is adding uncertainty to Barrick’s strategic plans for a major spin-off or IPO of its North American assets.

• Newmont sent Barrick a formal “notice of default”, alleging mismanagement at the Nevada Gold Mines joint venture.

• The conflict threatens Barrick’s plan to list its North American gold portfolio later in 2026.

• Barrick holds a 61.5% controlling stake, Newmont 38.5%, but Newmont claims production and resource allocation issues.

• Despite strong Q4 results and dividends reported by Barrick, the disagreement over operations and governance could delay strategic moves.

Expert Insight:
This feud highlights how operational governance disputes between major partners can have broader implications for IPO timelines, asset valuations, and investor confidence — especially in a high-value joint venture like NGM.

#GoldMining #Newmont #Barrick #NevadaGoldMines #MiningNews $XAG $XAU $PAXG

🟫 Newmont Pressures Barrick to Boost Nevada Output Before Planned IPO

Newmont Corporation, a major partner in the Nevada Gold Mines joint venture, is demanding that Barrick Mining improve operational performance at their Nevada assets before Barrick moves forward with an IPO of its North American mining business later this year. Newmont says any spin‑off must comply with joint‑venture agreements and protect shareholder value.

Key Facts:

• Newmont has raised concerns over underperformance and rising costs at the Nevada Gold Mines joint venture.

• The company says it may block or delay Barrick’s planned IPO unless issues are addressed and joint‑venture protections are respected.

• Barrick’s IPO would include a minority stake (10–15%) in North American assets, including Nevada, Fourmile, and Pueblo Viejo operations.

• Shares of both Newmont and Barrick have risen on the news as the dispute highlights value and operational challenges in the sector.

Expert Insight:
This standoff underscores the strategic importance of the **Nevada Gold Mines venture — one of the world’s most valuable gold assets — and shows how governance and performance issues can shape major IPO decisions in the mining space.

#Newmont #Barrick #IPO #NevadaGoldMines #MineralMarkets $XAG $XAU $PAXG

📊 IMF Sees Mali’s Economy Rebounding in 2026 After Barrick Deal Boosts Gold Output

The International Monetary Fund (IMF) now expects Mali’s economy to begin recovering in 2026, driven in large part by increased gold production after a settlement with mining giant Barrick Mining brought production back online.

📈 Economic turnaround forecast: The IMF projects an economic rebound in 2026 following recent challenges, including lower gold output and security-related disruptions.

⛏️ Gold output rises: Barrick has resumed operational control of its key Loulo-Gounkoto gold mine after resolving a long-running dispute with Mali’s government.

🇲🇱 Importance of mining sector: Gold remains a cornerstone of Mali’s economy and export revenue, making the resumption of mining activity critical to growth prospects.

Economic rebounds in resource-dependent nations often hinge on stable mining operations and investor confidence. With Barrick’s mine back in production and gold output picking up, Mali could see wider growth, improved fiscal metrics, and stronger investment flows in 2026 — but risks from security and governance remain.

#IMF #Mali #Barrick #EconomicGrowth #AfricaEconomy $XAU

Revival Gold to Acquire Barrick’s Full Stake in Mercur Gold Project

Revival Gold moves to fully control the Utah gold project by exercising its option to buy Barrick’s interest.

Revival Gold exercised its option to acquire 100% of Barrick’s interest in the Mercur Gold Project in Utah.

The deal includes staged payments totaling US$20M and a 2% net smelter return royalty to Barrick.

A recent Preliminary Economic Assessment (PEA) projects ~95,600 oz of gold/year over 10 years with NPV ~US$294M (at US$2,175 gold).

Taking full control of Mercur strengthens Revival’s asset base and could accelerate permitting and development, spotlighting mid-tier gold juniors as majors optimize portfolios amid strong metals markets.

#Mercur #RevivalGold #Barrick #MiningDeals #ASX $PAXG $XAU