Barrick Mining Corporation · TSX:ABX
Barrick Mining — Barrick Gold — TD Newcrest Luncheon (June 2005)
14 slides from Barrick Mining's conference presentation, Jun 21, 2005
Slide 1: TD Newcrest Luncheon Presentation
BARRICK GOLD CORPORATION TD Newcrest Luncheon Presentation Toronto – June 21, 2005 FORWARD LOOKING STATEMENT Certain statements included herein, including those regarding production, costs, development schedules and other statements that express management’s expectations or estimates of our future p
Slide 2: Barrick Snapshot
BARRICK GOLD CORPORATION TD Newcrest Luncheon Presentation Toronto – June 21, 2005 Barrick Snapshot Large, liquid blue-chip gold producer Component of seven globally-recognized indices 13 operating mines and 4 development projects: – 7 countries on 4 continents – 2004A production: 5.0 Moz @ $2
Slide 3: Other Metals; Mines and Projects
BARRICK GOLD CORPORATION TD Newcrest Luncheon Presentation Toronto – June 21, 2005 Other Metals 900+ 750+ million ounces million pounds silver contained contained nickel* in gold reserves (inferred resource) 2004 2004 * Barrick’s 50% share NORTH AMERICA Eskay Creek Mines and Projects Hemlo 2005E PRO
Slide 4: Industry-Wide Cost Pressures
BARRICK GOLD CORPORATION TD Newcrest Luncheon Presentation Toronto – June 21, 2005 Industry-Wide Cost Pressures Cost Mitigation Strategy Continuous improvement initiatives Supply chain management improvements – better strategic purchasing decisions Commodity and currency price protection – use
Slide 5: Barrick's New Mines
BARRICK GOLD CORPORATION TD Newcrest Luncheon Presentation Toronto – June 21, 2005 Barrick’s New Mines Veladero, Lagunas Norte, Cowal and Tulawaka are all open-pit with conventional technology Estimated Estimated Estimated Construction Avg. 3 full years Avg. 3 full years Reserves Capital Productio
Slide 6: Veladero – Frontera District, Argentina
BARRICK GOLD CORPORATION TD Newcrest Luncheon Presentation Toronto – June 21, 2005 PROJECTS IN CONSTRUCTION Veladero – Frontera District, Argentina First pour on schedule for Q4, 2005 Gold reserves: 12.8 million oz Gold resources: 0.4 million oz (Measured & Indicated) 1.0 million oz (Inferred)
Slide 7: Veladero and Cowal Projects in Construction
BARRICK GOLD CORPORATION TD Newcrest Luncheon Presentation Toronto – June 21, 2005 PROJECTS IN CONSTRUCTION Veladero – Frontera District, Argentina Completed valley-fill leach embankment Primary crusher construction Mining in the open pit PROJECTS IN CONSTRUCTION Cowal – New South Wales, Australia
Slide 8: Cowal; Barrick's Development Projects
BARRICK GOLD CORPORATION TD Newcrest Luncheon Presentation Toronto – June 21, 2005 PROJECTS IN CONSTRUCTION Cowal – New South Wales, Australia Initial excavation of the mine earthworks First excavator commissioned Mill footings under construction Barrick’s Development Projects Decisions made in 20
Slide 9: Financial Resources
BARRICK GOLD CORPORATION TD Newcrest Luncheon Presentation Toronto – June 21, 2005 Financial Resources Strongest balance sheet in gold industry Robust operating cash flow Capable of self-financing our development projects without need for equity dilution Secured $1 billion in 2004 for develo
Slide 10: Exploration Strategy
BARRICK GOLD CORPORATION TD Newcrest Luncheon Presentation Toronto – June 21, 2005 Exploration Strategy (4) 2005 total exploration budget $120 million Targeting reserve additions at and near existing mines in 2005: $55 million Greenfield and district exploration budget in 2005: $65 million F
Slide 11: Frontera District – Chile/Argentina
BARRICK GOLD CORPORATION TD Newcrest Luncheon Presentation Toronto – June 21, 2005 Frontera District – Chile/Argentina Pascua-Lama Veladero Protocol Area Pascua-Lama CHILE ARGENTINA ARGENTINA Veladero 3,041 sq. km. CHILE Frontera District – Chile/Argentina Pascua-Lama Veladero Pascua-Lama Cerro Pela
Slide 12: Alto Chicama District – Peru; Lake Victoria District – Tanzania
BARRICK GOLD CORPORATION TD Newcrest Luncheon Presentation Toronto – June 21, 2005 C A J A M A R C A Alto Chicama District – Peru GOITOS LAGUNAS Piedra Grande Huamachuco NW 1,350 sq. km L A L I B E R T A D Otuzco LAGUNAS Genusa Lagunas Lagunas Norte La Capilla Lagunas West Sur 8° Quiruvilca Tres Cru
Slide 13: Russia and Central Asia – Key Assets; Top Five Reasons to Invest in Gold
BARRICK GOLD CORPORATION TD Newcrest Luncheon Presentation Toronto – June 21, 2005 ARCTIC OCEAN East Siberian Sea Mayskoye Chukotka Russia and Central Asia – Key Assets Moscow Yakutia Regional Office Nezhdaninskoye Arctic Circle Yakutsk SEA OF OKHOTSK Ankara R U S S I A Mnogovershinnoe TURKEY Khabar
Slide 14: The Case for Barrick
BARRICK GOLD CORPORATION TD Newcrest Luncheon Presentation Toronto – June 21, 2005 The Case for Barrick Large blue-chip company with significant growth in production and cash flow Growth driven by reserve replacement, development projects, exploration and strategic partnerships Proven developm