Barrick Mining and Newmont have signed a new agreement regarding their Nevada Gold Mines (NGM) joint venture, ending all outstanding disputes between the companies and consolidating previously excluded mining projects into the partnership. Find out moreAs part of the agreement, Newmont will pay Barrick $1.95bn in consideration for these contributions. Operationally, the company reported that gold production in the second quarter rose 11% from the previous quarter to 796,000 ounces (oz), exceeding earlier estimates. Adjusted net earnings per share rose to $0.82, up 74% from the comparable quarter in 2025. Barrick declared a quarterly dividend of $0.175 and reported share buybacks of $1.2bn during the quarter.