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Barrick and Newmont Expand Nevada Gold Mines Toward 100M Ounces

Barrick Gold logoBarrick Gold
Sig4.40Sen+6.30Env0.00Soc0.00Gov+1.80

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.

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