Gold Mining
Heavyweight Clash: Newmont Issues Default Notice to Barrick as $5,000 Gold Sharpens Nevada JV Dispute
The long-simmering tension between the world’s two largest gold producers has finally boiled over into a public legal confrontation. Newmont (NYSE: NEM) has formally issued a Notice of Default to Barrick Gold (NYSE: GOLD), alleging "operational decline" and systematic mismanagement at their Nevada Gold Mines (NGM) joint