Newmont Wants Barrick to Fix Nevada Operations Before IPO

Newmont Corp., a partner with Barrick Mining Corp. in its most important mines, wants the Canadian company to improve the operations before it spins off the assets and believes it...

By Sybilla Gross, Thomas Biesheuvel · Bloomberg Markets

Newmont Corp., a partner with Barrick Mining Corp. in its most important mines, wants the Canadian company to improve the operations before it spins off the assets and believes it has the power to potentially block the initial public offering, according to people familiar with the matter.