Barrick-Newmont JV Gets A Name

The business will be owned 61.5% by Barrick and 38.5% by Newmont, and will be operated by Barrick.

The company's operations produced 4 million ounces of gold last year.

"Nevada Gold Mines will have three tier one gold mines: Barrick's Cortez; the combination of Barrick's Goldstrike and Newmont Goldcorp's Carlin; and Barrick's Turquoise Ridge with Newmont Goldcorp's Twin Creeks.