Barrick Gold Corporation (B.US) shares plummet as $1.95 billion settlement amount deemed "too low."

According to the Zhitong Finance APP, Barrick Gold Corporation (B.US) fell by 6.4% on Monday, as investors expressed disappointment over the settlement agreement reached with Newmont Corporation (NEM.US). The agreement aims to resolve the dispute between the two companies regarding their partnership in a Nevada gold mine, thereby paving the way for Barrick Gold to advance the listing of its North American mining assets in the U.S. Meanwhile, Newmont Corporation rose by 3.8%.