Nevada Gold Mines (NGM)
Project information
As at 31 December 2025
Description
As at 31 December 2025
Newmont 38.5%-owned JV with Barrick (61.5%) combining Newmont and Barrick's Nevada operations formed July 1, 2019. Operated by Barrick. Open pit + underground gold-copper-silver operations across multiple complexes. Reserves at $1,500/oz Au and $21/oz Ag (Barrick-set). 2025 production: 971 koz Au attributable (NGM total consolidated 999 koz). On Jan 26, 2026 Newmont informed Barrick of evidence of NGM mismanagement (diversion of resources to Barrick's Fourmile property); Feb 3, 2026 sent default notice. Cut-off ≥0.15 g/t Au (OP), ≥3.34 g/t Au (UG), ≥0.44 g/t Au (stockpiles).
Mining metrics
As at 31 December 2025 · exclusive
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Reserves & resources — detail
As at 31 December 2025
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