Barrick Mining Corporation · TSX:ABX
Barrick Mining — Barrick Gold — Paydirt Gold Conference 2007
10 slides from Barrick Mining's conference presentation, May 21, 2007
Slide 1: Barrick Now
Barrick Gold Corporation Paydirt Gold Conference Perth, Australia - May 2007 Barrick Now Joc O’Rourke | President, Barrick Australia Pacific Paydirt Conference | Perth | 21 May 2007 CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION Certain information contained or incorporated by reference in this
Slide 2: Barrick Now / 2006 Highlights
Barrick Gold Corporation Paydirt Gold Conference Perth, Australia - May 2007 Barrick Now Strong global portfolio of operating mines Largest reserve base Unrivalled project pipeline Solid track record of social responsibility Extensive exploration position on prolific trends Industry’s st
Slide 3: Hedge Book Reduction / First Quarter Highlights
Barrick Gold Corporation Paydirt Gold Conference Perth, Australia - May 2007 Hedge Book Reduction (millions of ounces) Corporate* December 31, 2005 (pro-forma) 10.7 First quarter reduction (4.9) Position at March 31, 2006 5.8 Second quarter reduction (3.0) Position at June 30, 2006 2.8 Second half r
Slide 4: First Quarter Highlights / Expanding Margins
Barrick Gold Corporation Paydirt Gold Conference Perth, Australia - May 2007 First Quarter Highlights On track with 2007 guidance – 8.1 to 8.4M ounces of gold at $335-350 /oz – 400M lbs of copper ~ $0.90/lb Increased semi-annual dividend to $0.15 per share Purchased a further 20% interest in P
Slide 5: Financial Highlights
Barrick Gold Corporation Paydirt Gold Conference Perth, Australia - May 2007 Financial Highlights Results before reductions in Corporate Gold Sale Contracts(1): Adjusted Earnings Adjusted Op. Cash Flow $398M = $0.45/share $727M = $0.83/share 0.83 +54% 0.54 0.45 0.33 +36% Q1-06 Q1-07 Q1-06 Q1-07 (1)
Slide 6: Increasing P&P Gold Reserves / Barrick Metals Portfolio
Barrick Gold Corporation Paydirt Gold Conference Perth, Australia - May 2007 Increasing P&P Gold Reserves (1) ounces millions 123 120 100 89 80 60 40 20 0 2000 2001 2002 2003 2004 2005 2006 (1) Refer to final slide point #2. Barrick Metals Portfolio P&P Reserves and M&I Resources (at December 31, 20
Slide 7: Barrick Now
Barrick Gold Corporation Paydirt Gold Conference Perth, Australia - May 2007 Barrick Now 2004 2006 Undeveloped Production Reserves Contribution Lagunas Norte 1.8 Veladero million 26 ounces at Cowal million total cash ounces costs of Tulawaka Ruby Hill $152/oz(1) (1) Refer to final slide point #1. Au
Slide 8: Development Pipeline Progress
Barrick Gold Corporation Paydirt Gold Conference Perth, Australia - May 2007 Development Pipeline Progress EXPLORATION FEASIBILITY PERMITTING CONSTRUCTION OPERATIONS Cortez Hills Pascua-Lama Pueblo Viejo Buzwagi Donlin Creek Fedorova Sedibelo Kabanga Reko Diq Exploration Barrick Now P&P M&I Inferred
Slide 9: Exploration Targets / Australia Pacific Exploration
Barrick Gold Corporation Paydirt Gold Conference Perth, Australia - May 2007 Exploration Targets(1) Donlin Creek Hemlo Goldstrike & Pipeline Pueblo Viejo Reko Diq Porgera Pascua-Lama Golden Mile > 20Moz Au > 5Moz Au (1) Refer to final slide point #4. Australia Pacific Exploration 2007 Budget – US$
Slide 10: Barrick Now
Barrick Gold Corporation Paydirt Gold Conference Perth, Australia - May 2007 Barrick Now Maximize leverage to rising gold prices Stabilize cost structure to expand gold margins Expansion in multiples from current historic lows Surface latent project value Capitalize on high base metal pric