Slide 1: Record production and long term value
Record production and long term value…
Slide 2: Cautionary statement on forward-looking information
Cautionary statement on forward-looking information Certain information contained or incorporated by reference in this presentation, including any information as to Barrick’s strategy, projects, plans, or future financial or operating performance, constitutes “forward-looking statements”. All statem
Slide 3: Growing the Central-East African footprint
Growing the Central-East African footprint… Kibali 45% CAR South Sudan DRC DRC Kibali TANZANIA ZAMBIA North Mara 84% Uganda Bulyanhulu 84% Kenya TANZANIA Rwanda North Mara DRC Burundi Bulyanhulu Lumwana 100% Buzwagi ZAMBIA Tanzania Tier One1 gold mines Potential Tier One gold complex 500km Copper mi
Slide 4: Highlights
Highlights… Significant progress at North Mara and Bulyanhulu since 2022 Barrick assumed operational control in 2019 Pays further 2021 $40m, making a total payment of First in $140m of $300m 2017 2019 2019 2019 2020 2020 2020 2020 2021 2021 Africa settlement January May October photon Acacia, New Ba
Slide 5: Overall economic contribution
Overall economic contribution… since Barrick assumed operational control in 2019 Total In-Country Investment Barrick maintains its position as a key partner in the 2019 to 2022 socio-economic development of Tanzania Salaries Barrick North Mara was recognized as the Largest USD 216 m Taxpayer in Tanz
Slide 6: 2022 Highlights
2022 Highlights… North Mara and Bulyanhulu maintained a combined Tier 1 Gena pit mining restart on track with clearance and production profile as the Twiga complex, with 547kozi infrastructure progressing according to plan produced in 2022 Exploration expansion strategy continues to deliver North M
Slide 7: 2022 Highlights (cont.)
2022 Highlights (cont.)… We continue to grow our business and prioritise local employment with 45% of new hires from the community surrounding the operating mines, building on our workforce which is already 96% Tanzanian NEMC (National Environment Management Council) lifted the 2019 Environmental Pr
Slide 8: Safety and Environment
Safety and Environment… Safety Two lost time injuries (LTIs) recorded in Q4 2022 at Bulyanhulu Tanzania LTIFR² 2019 - 2022 and LTI free at other mines 0.50 Improved total recordable incident frequency rate (TRIFR)2 of Frequency Rate 0.40 1.25 in FY22 vs 2.48 in FY21 0.30 Mines retained ISO 45001:201
Slide 9: Health
Health… Health Covid-19 Malaria Incidence Rate 2019 – 2022 (%) 98% of workforce fully vaccinated and 1% partially 15 MIR % vaccinated (total – 99%) 10 Reinforced Covid-19 protocols and the roll-out of vaccines to the workforce 5 11.87 12.27 7.96 7.95 Malaria 0 2019 2020 2021 2022 A drop of the malar
Slide 10: Bulyanhulu Gold Mine: Steady ramp up on track
Bulyanhulu Gold Mine Steady ramp up on track… Fleet renewal with the delivery of a new jumbo, a new loader, Bulyanhulu Plant Performance two new trucks, one charge rig and a utility vehicle (100% Basis) Continued increases in processed tonnes since Q1 2021 270,000 95.0% Successful ramp up in mining,
Slide 11: North Mara Gold Mine: Continued mining productivity improvement
North Mara Gold Mine… Continued mining productivity improvement Solid production performance with consecutive increases each Gold Ounces Produced (100% Basis)i quarter, achieving more than 310 kozi for 2022 Underground mining continues to benefit from the new fleet - record 80,000 total tonnes mined
Slide 12: North Mara: Successful Transition to Owner Miner Open Cast
North Mara… Successful Transition to Owner Miner Open Cast North Mara Successful transition of open cast mining to owner miner - Ramp up in production and significant cost reduction expected with 10 new CAT 777 trucks commissioned in Q4 2022 Continued investment enabled achievement of record tonnes
Slide 13: Growth and Development
Growth and Development… Potential for preserved Gokona Systems beneath post mineral cover N New geological model developed GW over GW corridor identifies new GW1 GW3 drilling targets within 5km of 20km Gokona Gokona pit GW4 GW2 Targets exhibit Gokona style lithologies, alteration and path GW5 finder
Slide 14: Growth and Development
Growth and Development… Geophysical surveying to establish geology framework beneath cover Mineralised Shears Survey area to aid Kalemero with developing Inlier-wide data integration and camp Host Shears / Contacts N geological scale geological model update Stratigraphic formlines Ngula architecture
Slide 15: Strengthening our License to Operate
Strengthening our License to Operate… Others (Community engagement) 1% Economic Development, 9% Roads Infrastructure Road Infrastructure 30% Matongo Youth Group Farm $ 10.1m Education, 35% Water & Power Projects 2% Water Tank for Community Health 23% Kharumwa English Medium School Note: This exclude
Slide 16: North Mara: Supporting our host communities
North Mara… Supporting our host communities Community awareness on Human Rights, Regular maintenance and Donations to orphans and the needy Gender Based Violence rehabilitation of village roads Community engagement and support Regular stakeholder engagement to through sports and tournaments update a
Slide 17: Bulyanhulu: Improved access to health services
Bulyanhulu… Improved access to health services Key achievements At Bulyanhulu, Barrick continued to improve access to health services for its neighbouring communities through Community Development Committee approved projects Nursing College in Msalala District Council in In Msalala and Nyang'hwale S
Slide 18: Local commitment
Local commitment… Key Achievements Ongoing Initiatives Empowering local businesses and promoting connections of 2022 total local spend at 80% and indigenous spend at 60% global suppliers with locally available suppliers exceeding annual target of 50% Encouraging investors to establish in-country man
Slide 19: Commitment to employment of nationals
Commitment to employment of nationals… Head Count 2022 Key Achievements: Expats 96% Tanzanian workforce – 45.3% hired from Contractors communities surrounding the operating mines 1% 57% of senior management are Tanzanian Female employees make up 11% of total headcount National Contractors We are att
Slide 20: Focus for the year ahead
Focus for the year ahead… Key focus areas in Tanzania Continue ramping up our drilling and exploration programmes in the hunt for the next Tier One operation in Tanzania Successful Open Cast Transition at North Mara from Rama to Gena, leveraging our new fleet for cost and production efficiencies Ful
Slide 21: Endnotes Technical Information
Endnotes 1. A Tier One Gold Asset is an asset with a reserve potential to deliver a minimum 10-year life, annual production of at least 500,000 ounces of gold and total cash costs per ounce over the mine life that are in the lower half of the industry cost curve. 2. Total recordable incident frequen