Barrick Mining Corporation · TSX:ABX

Barrick Mining — Barrick Gold — CIM Luncheon, Toronto (May 2006)

15 slides from Barrick Mining's conference presentation, May 18, 2006

  1. Slide 1: Delivering Value … From Assets, People & Projects

    BARRICK GOLD CORPORATION CIM Luncheon Toronto – May 18, 2006 Delivering Value … From Assets, People & Projects May 18, 2006 Important Information CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION Certain information contained or incorporated by reference in this presentation, including any informa

  2. Slide 2: Current Snapshot

    BARRICK GOLD CORPORATION CIM Luncheon Toronto – May 18, 2006 Barrick Gold Corporation Current Snapshot ƒ Large, liquid blue-chip gold producer ƒ Largest gold reserves in the industry ƒ 27 operating mines and 4 development projects – 10 countries on 5 continents – 2006E outlook: 8.6-8.9Moz @ $275-$29

  3. Slide 3: 2006 First Quarter Performance

    BARRICK GOLD CORPORATION CIM Luncheon Toronto – May 18, 2006 2006 First Quarter Performance Production Cash Costs Net Income Cash Flow ounces millions dollars / ounce dollars millions dollars millions 224 378 1.96 283 241 1.14 66 122 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 2005 2006 2005 2006 2005 2006 2005 2006 Fo

  4. Slide 4: Two Discoveries

    BARRICK GOLD CORPORATION CIM Luncheon Toronto – May 18, 2006 Two Discoveries South Arturo, Nevada Nyanzaga, Tanzania Placer Dome Acquisition ƒ Successfully completed $10.0 billion acquisition – 12 operating mines – 3 major projects – 50 million ounces of gold reserves – 6.2 billion pounds of copper

  5. Slide 5: Strength, Breadth and Scale

    BARRICK GOLD CORPORATION CIM Luncheon Toronto – May 18, 2006 Strength, Breadth and Scale Russia/Central Asia North America South Africa America Australia Mines Projects Metals Portfolio as at December 31, 2005 Relative In-Situ Value Gold 139 million ounces (2)(3) 82% 9% Silver 933 million ounces (4)

  6. Slide 6: Value Creation for Shareholders

    BARRICK GOLD CORPORATION CIM Luncheon Toronto – May 18, 2006 Value Creation for Shareholders Beyond 2009 Unrivalled pipeline of projects Pueblo Viejo Donlin Creek Reko Diq Kabanga 2009 Exploration Pascua-Lama 2008 Taseevskoye Cortez Hills 2007 Buzwagi 2006 East Archimedes Cowal North America Donlin

  7. Slide 7: South America

    BARRICK GOLD CORPORATION CIM Luncheon Toronto – May 18, 2006 South America ƒ P&P reserves: 41.2 Moz ƒ M&I resources: 4.1 Moz ƒ Almost 6 billion lbs. of Copper Lagunas Norte Pierina PERU Zaldivar Pascua-Lama Veladero CHILE ARGENTINA Mines Projects Australia ƒ P&P reserves: 20.7 Moz ƒ M&I resources: 1

  8. Slide 8: Africa

    BARRICK GOLD CORPORATION CIM Luncheon Toronto – May 18, 2006 Africa ƒ P&P reserves: 32.4 Moz ƒ M&I resources: 16.4 Moz Kabanga North Mara Tulawaka Bulyanhulu Buzwagi TANZANIA South Deep Mines Projects SOUTH AFRICA Exploration Update (5) ƒ Discovery-driven culture ƒ Consistent investment in explorati

  9. Slide 9: Top Exploration Projects

    BARRICK GOLD CORPORATION CIM Luncheon Toronto – May 18, 2006 Top Exploration Projects ƒ Nevada – Cortez (Battle Mountain / Eureka Trend) – Bald Mountain (Carlin Trend) – South Arturo (Carlin Trend) ƒ Papua New Guinea – Porgera ƒ Tanzania – North Mara – Lake Victoria Greenstone Belt ƒ Pakistan – Reko

  10. Slide 10: Cortez Corridor

    BARRICK GOLD CORPORATION CIM Luncheon Toronto – May 18, 2006 Cortez Corridor ƒ Deposits Gold Acres Pipeline along major S. Pipeline Crossroads NNW faults ƒ Strike length Cortez Pits of major faults sparsely drilled Cortez Horse Canyon Mine Hills ƒ Favorable Red Hill SSZ rocks in blue Deep Southern C

  11. Slide 11: 24Moz Endowment

    BARRICK GOLD CORPORATION CIM Luncheon Toronto – May 18, 2006 South Arturo Drillhole Locations Porgera Mine – Deep Mine Targets 24Moz Endowment over 1km depth Planned Drilling Conceptual Target 1-1.7km depth Potential Primary Deep Targets Target 11

  12. Slide 12: North Mara – Gokona-Nyabigena

    BARRICK GOLD CORPORATION CIM Luncheon Toronto – May 18, 2006 North Mara – Gokona-Nyabigena B C A D Barrick Exploration Summary ƒ Disciplined and consistent approach ƒ Near-term discovery enhanced by advancing best projects faster ƒ Focused on most prospective areas ƒ Reserve and resource development

  13. Slide 13: Financial Strength

    BARRICK GOLD CORPORATION CIM Luncheon Toronto – May 18, 2006 Financial Strength ƒ Market capitalization: $28 billion ƒ Strongest credit rating in the industry ƒ Cash position: $1.2 billion ƒ Significant cash flow generating ability ƒ Financial strength to develop projects on a global scale without e

  14. Slide 14: Positioning for Rising Prices

    BARRICK GOLD CORPORATION CIM Luncheon Toronto – May 18, 2006 Positioning for Rising Prices Gold $695/oz $600 139 million oz. $500 Placer Dome bid $400 4 new mines approved Pascua-Lama approval No-hedge policy Share buyback 03 06 The Case for Barrick ƒ Strength, breadth and scale ƒ World-class portfo

  15. Slide 15: Footnotes

    BARRICK GOLD CORPORATION CIM Luncheon Toronto – May 18, 2006 Delivering Value … From Assets, People & Projects May 18, 2006 Footnotes 1. Total cash costs is defined as cost of sales divided by ounces of gold sold or pounds of copper sold. Total cash costs exclude amortization expense and inventory p

Barrick Gold — CIM Luncheon, Toronto (May 2006) on 6ix