Newmont bondholder revolt may put Barrick on hook for debt

Barrick Gold could find itself partially liable for $600-million in additional debt if some Newmont Mining bondholders have their way.

The creditors are trying to block an amendment Newmont is seeking for a large tranche of notes associated with its operations in Nevada, according to people with knowledge of the matter. The change would prevent liability for those bonds from shifting to Barrick after the companies’ recently announced joint venture in the state is completed.