Newmont to Pay Barrick $1.95 Billion in Cash for Nevada Gold Mines Top-Up

Newmont will pay Barrick Gold $1.95 billion in cash within thirty days as a top-up settlement tied to the Nevada Gold Mines joint venture, Barrick disclosed in its Q2 2026 results on August 10. Barrick operates NGM; Newmont holds 38.5%. The payment settles a partnership obligation but does not change the 61.5/38.5 ownership split. Barrick's planned North American asset spin-off still requires Newmont's consent.