America’s two biggest gold mining companies apparently have a deal. Barrick and Newmont are merghing their Nevada assets. They’ll create the worlds single largest gold mining operation. Barrick is dropping its 18 billion dollar hostile takeover bid, that Newmont rejected. Instead the companies signed an agreement to create a joint venture for their operations in Nevada, where Newmont has 19 mines adjacent to Barrick’s. The joint venture will be operated and majority owned by Barrick.