Nevada Gold Mines Explained

Nevada Gold Mines
Type:Joint Venture
Foundation:2019
Location City:Elko, Nevada
Location Country:United States
Industry:Metals and mining
Parent:Barrick Gold (61.5%)
Newmont (38.5%)
Num Employees:7,000[1]

Nevada Gold Mines was formed on July 1, 2019, as a joint venture between Barrick Gold (61.5% ownership) and Newmont (38.5% ownership) through the combination of their significant gold mining assets across northern Nevada.[2] The assets in Nevada Gold Mines include 10 underground mines and 12 surface mines as well as related facilities.[3] Barrick Gold is the operator of Nevada Gold Mines,[4] and plans 200 MW of Ohio made solar panels for 2023.[5]

Mining operations

See also

Notes and References

  1. News: Garber . Jonathan . July 1, 2020 . World's largest gold mining complex beats first-year targets despite coronavirus . Fox Business.
  2. News: . July 1, 2019 . Barrick-Newmont Nevada joint venture to produce 1.8-1.9 million ounces of gold in second half of 2019 . Reuters.
  3. Web site: Nevada Gold Mines Operation. November 24, 2020. miningdataonline.com . Mining Data Solutions.
  4. News: Sabo . Rob . September 10, 2019 . What does the mega merger of Newmont, Barrick mean for Nevada mining? . Nevada Appeal.
  5. Web site: Lewis . Michelle . Nevada Gold Mines is using US-made panels to build a 200 MW solar farm . . 13 April 2022.