Nevada settlement clears a hurdle for Barrick’s North American IPO as rising costs and leadership scrutiny weigh on the miner.
Barrick Mining (TSX: ABX)(NYSE: B) and Newmont (NYSE, ASX: NEM) have settled their outstanding Nevada Gold Mines disputes in a deal that brings key projects into the joint venture and requires Newmont to pay Barrick $1.95 billion.
Under the agreement... [3092 chars]