Newmont and Barrick Finalize Agreement on Nevada Gold Mines Joint Venture

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This agreement includes the contribution of Barrick's Fourmile project and Newmont's Fiberline and Mike projects into the joint venture, with Newmont paying Barrick $1.95 billion. The agreement also resolves all outstanding disputes between the parties and includes enhanced governance provisions. Newmont has provided its consent to Barrick's proposed IPO of its North American gold assets. The joint press release announcing these matters is furnished as Exhibit 99.1.

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About Newmont Corporation

Newmont Corporation is a leading entity in the gold mining industry, primarily focused on the production and exploration of precious metals. As one of the world's largest gold producers, Newmont plays a crucial role in the global resources and commodities market, impacting sectors such as mining, energy supply, and environmental management. Founded in 1921 and headquartered in Denver, Colorado, the company operates across diverse regions, including North America, South America, Asia, Australia, and Africa. This extensive operational reach allows Newmont to maintain significant influence over gold supply and manage risks associated with geographic diversification. Furthermore, Newmont is committed to sustainable and responsible mining practices, emphasizing safety, environmental stewardship, and community engagement. This dedication has positioned the company not only as a key player in the traditional mining sector but also as a pioneer in promoting sustainable resource extraction. Newmont Corporation's activities have far-reaching implications for investment portfolios, national economies reliant on mines, and technological sectors depending on gold for electronics.