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Home>GoldWire>Barrick in talks with Newmont to combine Nevada gold operations, sources tell Reuters

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Barrick in talks with Newmont to combine Nevada gold operations, sources tell Reuters

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Chris Powell

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Published : November 06th, 2018

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Category : GoldWire


	LONDON -- Barrick Gold Corp, which is being reorganized by Barrick’s $6.1 billion takeover of Randgold Resources, is in talks with Newmont Mining to combine their Nevada gold mining operations, sources told Reuters. Last month's tie-up between Barrick and Africa-focused Randgold Resources revived speculation about a joint venture between Newmont and Barrick in Nevada, something the two mining firms explored in 2014 without reaching a deal. "They have been trying to negotiate for years but Newmont couldn't agree with Barrick, one source said. "Now that you have a new management team, it's certain they revived those talks." ... ... For the remainder of the report: https://www.reuters.com/article/us-barrick-go...ng/barrick-i...

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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.

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