One of the dominant thoughts on everyone's minds at the BMO Global Metals & Mining Conference earlier this month was Barrick Gold's (GOLD) $17.8 billion hostile takeover of its longtime rival Newmont Mining (NEM).
This Monday we learned that, after both parties spoke with top shareholders, the bid fell through. But rather than continuing to duke it out in the capital markets, the two mining giants will instead be entering into a joint venture in Nevada. The JV will combine significant deposits and mines, processing facilities and infrastructure to unlock significant