Joint Venture • Metals/Mining

Kennecott Minerals and Barrick Cortez Acquire The Cortez Gold Mine

On January 1, 1968, Kennecott Minerals and Barrick Cortez acquired metals/mining company The Cortez Gold Mine

Acquisition Context
  • This is Kennecott Minerals’ 1st and Barrick Cortez’s 1st transaction in the Metals/Mining sector.
  • This is Kennecott Minerals’ 1st and Barrick Cortez’s 1st transaction in the United States.
  • This is Kennecott Minerals’ 1st and Barrick Cortez’s 1st transaction in Nevada.

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M&A Deal Summary

Date January 1, 1968
Target The Cortez Gold Mine
Sector Metals/Mining
Buyer(s) Kennecott Minerals
Barrick Cortez
Deal Type Joint Venture

Target Company

The Cortez Gold Mine

Nevada, United States
The Cortez Gold Mine engages in the mining and production of gold in the United States.
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Buyers Overview 2

Buyer

Kennecott Minerals

Salt Lake City, Utah, United States

Category Company
Founded 1993
Sector Metals/Mining
DESCRIPTION

Kennecott Minerals Inc. produces silver, zinc, lead and gold.


Deal Context for Buyer #
Overall 1 of 1
Sector: Metals/Mining 1 of 1
Type: Joint Venture 1 of 1
State: Nevada 1 of 1
Country: United States 1 of 1
Year: 1968 1 of 1
Buyer

Barrick Cortez

Beowawe, Nevada, United States

Category Company
Founded 1968
Sector Metals/Mining
DESCRIPTION

Barrick Cortez Inc. engages in the mining and production of gold in the United States.


Deal Context for Buyer #
Overall 1 of 2
Sector: Metals/Mining 1 of 2
Type: Joint Venture 1 of 1
State: Nevada 1 of 2
Country: United States 1 of 2
Year: 1968 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-21 The Cortez Gold Mine

Nevada, United States

The Cortez Gold Mine engages in the mining and production of gold in the United States.

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