Mining Stock Education · Tuesday, September 15, 2026
Barrick and Newmont have reached an agreement concerning their Nevada Gold Mines joint venture. This deal allows for sharing infrastructure, which can lead to increased profitability and lower cutoff grades for resources like Turquoise Ridge. The joint venture was initially formed as part of Newmont's acquisition strategy for Goldcorp.
“What is your analysis of what they've come up with here?”
“And so once they started joining that, and it was really the infrastructure that made that all work, like a Turquoise Ridge, I think there was a big tolling on it to get to Twin Creeks.”
“And taking out that toll, just, you know, made that resource all the more profitable, but also lowered the cutoff grade.”