Barrick posts higher Q2 earnings, strikes deal with Newmont on Nevada

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Barrick Reports Second Quarter 2026 Results

August 10, 2026 6:00 AM EDT

Agreement with Newmont resolves all disputes; Newmonts consent to Barricks American IPO provides substantial flexibility and value

Barrick achieves third straight quarter of strong operational and financial results

Barrick reached an agreement with Newmont to expand the assets in the Nevada Gold Mines Joint Venture. Both companies are vending in their excluded properties early: Fourmile from Barrick; Mike and Fiberline from Newmont, creating a nearly 100-million-ounce gold complex in Nevada. Newmont will pay Barrick a top-up payment of $1.95 billion cash within thirty... More