Barrick Split Proposal Puts Nevada Gold Assets in M&A Spotlight

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Barrick Mining Corp.’s proposal to hive off its US assets from its sprawling portfolio in riskier countries will pique the interest of rival miners, according to analysts.

A separate company housing Barrick’s joint-venture interests and the Fourmile discovery in the state of Nevada, as well as a mine in the Dominican Republic, would be attractive to Newmont Corp. and Agnico Eagle Mines Ltd., Jefferies analysts wrote Monday.