08:59:51 EDT Tue 12 May 2026
Enter Symbol
or Name
USA
CA



Barrick Mining Corp
Symbol ABX
Shares Issued 1,675,508,360
Close 2026-05-11 C$ 64.40
Market Cap C$ 107,902,738,384
Recent Sedar+ Documents

Globe says Barrick may reach early deal with Newmont

2026-05-12 07:14 ET - In the News

The Globe and Mail reports in its Tuesday, May 12, edition that Barrick Mining chief executive officer Mark Hill says the company may reach an early agreement with Newmont to bring its Fourmile discovery into their joint venture Nevada Gold Mines (NGM). The Globe's Niall McGee writes that Barrick and Newmont are 61.5-per-cent and 38.5-per-cent holders in NGM, a joint venture that contains most of Barrick's North American assets. Barrick's wholly owned Fourmile discovery, which it calls "one of the century's greatest gold discoveries," is not part of NGM, and wasn't expected to be "vended in" for a few more years. A prefeasibility study is expected to be complete in 2028, which would give Newmont a better grasp of the value of the project. On a Monday Mr. Hill said there's a possibility an early agreement could be reached with Newmont on Fourmile. He did not specify a timeline. He said: "If we can reach an agreement, I mean we would bring it in for sure. It will be an open discussion, and we'll just see if we can bring it in early." While Fourmile isn't part of NGM, it is an integral part of Barrick's planned partial spin-off of its North American operations, which is slated to happen before the end of this year.

© 2026 Canjex Publishing Ltd. All rights reserved.