Barrick Gold CEO: Newmont merger would deliver 'real value' in Nevada

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Barrick Gold CEO: Newmont merger would deliver 'real value' in Nevada
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Jim Cramer talks with Barrick Gold CEO Mark Bristow about his company's bid for Newmont Mining.

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Barrick Gold CEO Mark Bristow told CNBC on Thursday that his company and Newmont Mining could more effectively boost gold mining in Nevada as a single operator, instead of as a joint venture.

"There's been debate about the Nevada joint venture. That is a large part of the missing billions," Bristow said in an interview with "Mad Money's" Jim Cramer."Maybe he's being a little defensive on the bigger deal, but what he has said to the market and what we are engaged with right now is can we find a way to deliver real value out of Nevada where all this conversation started and then we can worry about the rest later.

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Nevada Is the Jackpot of a Barrick-Newmont MergerNevada Is the Jackpot of a Barrick-Newmont MergerBarrick Gold’s bid to acquire rival gold producer Newmont Mining centers on a plan to combine portfolios and operations in the state of Nevada.
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