Barrick Gold Falls, Newmont Rises As Miners Agree On IPO

Barrick Mining (B) and Newmont (NEM) reached an agreement that may clear the way for Barrick’s IPO of its North American gold assets to unlock their full value. While the agreement resolves opposition from Newmont, with which Barrick has a Nevada Gold Mines joint venture, Bloomberg reported on Sunday that some major Barrick shareholders disapprove of the IPO plan. While…