Barrick Mining Corporation · TSX:ABX
Barrick Mining — Barrick Gold — Merger or Acquisition (October 2005)
13 slides from Barrick Mining's merger presentation, Oct 31, 2005
Slide 1: Barrick Offers to Acquire Placer Dome
BARRICK GOLD CORPORATION Barrick Offers to Acquire Placer Dome October 31, 2005 Delivering Value… From Assets, People & Projects October 31, 2005 1 Important Information FORWARD LOOKING STATEMENTS Certain information included in this presentation, including any information as to our future financial
Slide 2: Participants
BARRICK GOLD CORPORATION Barrick Offers to Acquire Placer Dome October 31, 2005 Participants Gregory Wilkins Peter Kinver Jamie Sokalsky Alex Davidson Patrick Garver President and C.E.O. Executive Vice President Executive Vice President Executive Vice President Executive Vice President, and C.O.O. a
Slide 3: Transaction Summary
BARRICK GOLD CORPORATION Barrick Offers to Acquire Placer Dome October 31, 2005 Transaction Summary(1) Offer Price $20.50 per Placer Dome share in cash or 0.7518 Barrick shares + $0.05 per share in cash - Maximum cash $1.224 billion - Maximum Barrick shares 303 million Assuming full pro ration $2.65
Slide 4: Value Creation for Barrick Shareholders
BARRICK GOLD CORPORATION Barrick Offers to Acquire Placer Dome October 31, 2005 Value Creation for Barrick Shareholders Increase in reserves, resources and production per share NAV (1) 15% 2005E Prod. (2,4) 12% P&P Reserves (3,4) 22% M+I Resources (3,4) 137% 0 10 20 30 40 (1) Based on average of str
Slide 5: Value Creation for Barrick Shareholders
BARRICK GOLD CORPORATION Barrick Offers to Acquire Placer Dome October 31, 2005 Value Creation for Barrick Shareholders 2005E pro forma gold production (millions of ounces) Barrick Pro Forma 5.4-5.5 2.9 1.0 9.3-9.4 Newmont 6.5 0.9 7.4 AngloGold Ashanti 6.2 Gold / Barrick Barrick 5.4-5.5 Gold / Place
Slide 6: Value Creation for Barrick Shareholders
BARRICK GOLD CORPORATION Barrick Offers to Acquire Placer Dome October 31, 2005 Value Creation for Barrick Shareholders Unrivalled pipeline of projects Beyond 2009 Cerro Casale(1) Kabanga Barrick Donlin Creek Placer Dome 2009 Pueblo Viejo 2008 Pascua-Lama Cortez Hills 2007 Buzwagi 2006 East Archimed
Slide 7: Value Creation for Barrick Shareholders
BARRICK GOLD CORPORATION Barrick Offers to Acquire Placer Dome October 31, 2005 Value Creation for Barrick Shareholders Financial strength to accelerate development Twelve months ended September 30, 2005 Billions of US dollars Barrick Placer Dome Pro Forma(1) Revenue 2.1 1.9 3.7 EBITDA (2) 0.7 0.4 1
Slide 8: Value Creation for Barrick Shareholders
BARRICK GOLD CORPORATION Barrick Offers to Acquire Placer Dome October 31, 2005 Value Creation for Barrick Shareholders Proven management capability to acquire, integrate and optimize value of combined assets Strength, breadth and scale to capitalize on industry opportunities Experience gained a
Slide 9: Value Creation for Barrick Shareholders
BARRICK GOLD CORPORATION Barrick Offers to Acquire Placer Dome October 31, 2005 Value Creation for Barrick Shareholders Finance and Tax Realize jurisdictional tax synergies Overall lower cost of capital Debt optimization Additional capital synergies Transfer development teams, equipment, and
Slide 10: Nevada – Exploration Potential
BARRICK GOLD CORPORATION Barrick Offers to Acquire Placer Dome October 31, 2005 Nevada – Exploration Potential Turquoise Ridge Goldstrike Marigold ELKO Ca NEVADA UTAH ell rli n tch Cortez Cortez Ge Hills CALIFORNIA Bald Mountain Power Plant East Archimedes RENO Ba Eur - ttl ek e a M t. Round Mountai
Slide 11: Western Australia – Exploration Potential
BARRICK GOLD CORPORATION Barrick Offers to Acquire Placer Dome October 31, 2005 Western Australia – Exploration Potential WESTERN Plutonic AUSTRALIA Darlot Lawlers Granny Smith Kanowna Kalgoorlie West Kalgoorlie 0 km 100 200 300 400 500 Perth 21 Chile / Argentina – Exploration Potential 200km Zaldiv
Slide 12: Value Creation for Placer Dome Shareholders
BARRICK GOLD CORPORATION Barrick Offers to Acquire Placer Dome October 31, 2005 Value Creation for Placer Dome Shareholders Offer represents an approximate 27% premium to the average closing price over the past ten days – 13% of the offer price in cash Placer Dome shareholders will own 35% of th
Slide 13: Acquisition Highlights
BARRICK GOLD CORPORATION Barrick Offers to Acquire Placer Dome October 31, 2005 Acquisition Highlights Accretive to NAV, and to earnings per share and cash flow per share Strength, breadth and scale to capitalize on industry opportunities Increases gold reserves, resources and production per B