Newmont's Strategic Maneuver to Secure Goldcorp Acquisition
Joe Mazumdar reveals that Newmont utilized a joint venture with Barrick and a special dividend as a tactic to facilitate its acquisition of Goldcorp. This strategic move was designed to appease Barrick and ensure shareholder approval for the merger.
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The tape
2 quotes
“And to get Barrick off their back, basically, they did this other joint venture and issued a special dividend to their shareholders pre the merger.”
Joe Mazumdar
“And got that deal across.”
Joe Mazumdar
Heard on Mining Stock Education — “Barrick–Newmont Nevada JV, Permitting Risk, Royalties, and Mine Financing | Analyst Joe Mazumdar”, published Tuesday, September 15, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.