Barrick and Newmont Expand Nevada Gold Mines Toward 100M Ounces
Barrick says an August 2026 agreement with Newmont will fold additional projects into Nevada Gold Mines, expanding the Nevada joint venture into a nearly 100-million-ounce complex. Newmont will pay $1.95 billion. Barrick also reported Q2 2026 gold output up 11% and net earnings up 50% year over year, supporting ongoing shareholder returns.