Barrick-Newmont Nevada JV Agreement Finalized: $1.95B Cash Payment and Project Contributions
B sits 79% above its 52-week low of $23.435.
Summary
Barrick and Newmont finalized their Nevada Gold Mines JV agreement, with Newmont paying Barrick $1.95 billion in cash and both companies contributing key development projects to the joint venture.
Key Events · M&A and Partnerships · B
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JV Agreement Executed
On August 10, 2026, Barrick and Newmont signed the Second Amended and Restated LLC Agreement for Nevada Gold Mines LLC, resolving a long-running dispute over JV management and project contributions.
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$1.95B Cash Payment to Barrick
Newmont Member will pay Barrick Member $1,950,000,000 in cash within 30 days of the Fourmile Project contribution to the JV.
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Project Contributions
Barrick contributes the Fourmile Project, and Newmont contributes the Mike and Fiberline Projects to the JV simultaneously as soon as reasonably practicable.
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Capital Contribution Values
Barrick Member's deemed capital contribution is $3,114,935,064.94, and Newmont Member's is $1,950,000,000, with corresponding adjustments to notional capital accounts.
Analysis · B · Energy & Transportation
The long-running dispute over the Nevada Gold Mines joint venture has been resolved with the execution of a Second Amended and Restated LLC Agreement. Under the terms, Newmont will pay Barrick $1.95 billion in cash within 30 days of the Fourmile Project contribution, while Barrick contributes the Fourmile, Mike, and Fiberline projects to the JV. Barrick's deemed capital contribution is $3.11 billion, and Newmont's is $1.95 billion. The detailed governance and funding terms provide clarity on how the world's largest gold mining complex will operate going forward.
How filings like this one have moved
In the 30 days to Oct 3, 2026, 36.5% of the 1062 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.61%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, B was trading at $42.05 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $68.5B. The 52-week trading range was $23.44 to $54.69. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.