8-KItem 1.01 · Material AgreementItem 7.01 · Reg FD DisclosureItem 9.01 · Financial Statements
Newmont and Barrick Amend Nevada Gold Mines Agreement
Filed with the SEC on · Summarized by InvestorsBot
Newmont and Barrick Mining agreed to contribute Barrick’s Fourmile project and Newmont’s Fiberline and Mike projects to their Nevada Gold Mines joint venture, resolving outstanding disputes between the companies. Newmont will pay Barrick $1.95 billion in cash within 30 days after Fourmile is contributed, while the joint venture will assume the projects’ liabilities; Newmont also consented to Barrick’s proposed IPO of its North American gold assets.