Slide 1: Tongon continues to contribute to Côte d'Ivoire
Tongon continues to contribute to Côte d’Ivoire…
Slide 2: Cautionary statement on forward looking information
Cautionary statement on forward looking information… Certain information contained in this presentation, including any information as to Barrick’s strategy, plans, or future financial or operating performance, constitutes “forward-looking statements”. All statements, other than statements of histori
Slide 3: Global gold producing countries 2021
0 50 100 150 200 250 300 350 China Russia Australia Tonnes Gold Canada United States Ghana Peru Mexico Indonesia South Africa World Gold production Uzbekistan Burkina faso Mali Brazil Sudan DRC Barrick – countries of gold production Columbia Guinea Zimbabawe Bolivia Source: Metals Focus; World Gold
Slide 4: Barrick operates on 4 continents in 18 countries
Barrick operates on 4 continents in 18 countries… Geographical Donlin distribution of (50%) CANADA Barrick’s 2022 Loulo- Gounkoto gold production Phoenix (61.5%) USA Hemlo 80% NGM (61.5%) 100% Turquoise Ridge EGYPT PAKISTAN Carlin DOMINICAN Pueblo Viejo Reko Diq 50% JAPAN Cortez incl Goldrush REP 60
Slide 5: Top gold mines in the world
Top gold mines in the world… The World’s top 10 largest gold mines in 2022 by production 5 of the top 2000 10 gold 1800 2022 Au production 2021 Au production mines in the 1600 world are 1400 operated by 1200 Barrick – 2 of them in 1000 Africa 800 600 400 200 0 Grasberg Muruntau Carlin Olimpiada Bodd
Slide 6: 25 years of operation in CDI
25 years of operation in CDI… 2015 2016 2017 2019 2020 2020 2020 2021 2022 Tongon Mine Tongon Mine Nominated Q1 Randgold Power line LOM Gold production Tongon Permit Extension of pays off its declares and best mine in & Barrick reimbursement extended by target exceeded, extension for 10 Tongon’s min
Slide 7: Economic contributions
Economic contributions… Barrick continues to contribute significantly to the Ivorian economy and directly invest in the local communities surrounding Tongon Since the commencement of operations, 1.269 billion FCFA ($2.2 billion) has been paid by Tongon in the form of taxes, infrastructures, salaries
Slide 8: Q2 2023 Highlights
Q2 2023 Highlights… Tongon is on track to achieve 2023 production guidance 18 Billion FCFA (US$30 million) in dividends declared in Q2 2023 10 years after the first gold pour, Tongon continues to extend the life of the mine through exploration, building on previous successful campaigns at Seydou Nor
Slide 9: Journey to Zero
Journey to Zero… In March we reset our safety program and renamed it Journey to Zero The key focus over the last quarter has been on reinforcing the Responsibility to Stop Unsafe Work Both the Responsibility to Stop Unsafe Work and Our Safety Roadmap have been presented by the site Management team t
Slide 10: Safety, health and environment
Safety, health and environment Safety & Environment No LTIsi recorded YTD Malaria Incidence Rate4 (MIR) Tongon maintained ISO 45001:2018 certification Continuous safety checks performed including: 0.14 Annual inspections of lifting equipment Annual fire extinguishers inspections 0.12 No Class 12 or
Slide 11: Tongon production
Tongon production… Recent Mining Performance1 6000 Mining continues to perform well and is on 5000 track to achieve annual production guidance 4000 Local mining contractors continue to perform 3000 across the different satellite deposits, delivering on the overall production plan 2000 1000 0 Oct-22
Slide 12: Electrical energy
Electrical energy… % Ratio grid power vs generator utilization 2022 Number of mill stoppages 100 50 90 45 80 40 70 35 60 30 50 25 40 20 30 15 20 10 10 5 - - Jan Feb 2022 Mar 2022 Apr May June 2022 July 2022 Aug 2022 Sept 2022 Oct 2022 Nov 2022 Dec 2022 2022 2022 Grid power utilization Generated powe
Slide 13: Multiple Tongon satellite opportunities
Multiple Tongon satellite opportunities… N N Indigo 10km Indigo 2500m Koro A2 AOI5 Nielle Tongon Mine Koro A2: conversion drilling and assessment of wider target potential planned for Q3 Koro Fertile Stabilo trend: testing the potential of the emerging Indigo A2 AOI1 trend to evaluate potential for
Slide 14: Progress Fonondara target
Progress Fonondara target… N Indigo 10km Tongon Mine Lafleur Kassere Boundiali (Fonondara project) Exploration License granted for 4 years Korokaha North Opportunities to Fonondara Conversion program. Drilling in progress to reach a Sani support Tongon decision point on viability of Tongon satellite
Slide 15: Community Development
Community Development… Community Expenditures1 More than 9.6 billion1 FCFA spent on Health 932 million FCFA benefitting the community since the Roads and 10% start of the mine Infrastructure: 2.64 billion FCFA 28% Education 1.67 billion FCFA 17% Security Water 938 million FCFA 1.24 billion FCFA 10%
Slide 16: Barrick's Impact on Education
Barrick’s Impact on Education… Total investment to date of around 1.67 billion FCFA1: Construction of schools and supply of materials to all village schools in the community Opportunity for over 6,000 pupils to receive a school education: 8 elementary schools built and equipped in the community (ove
Slide 17: Community health...a priority
Community health...a priority More than 851 million FCFA1 invested in community health, Construction of health centers, infirmaries and equipped maternity wards: Nearly 200 million FCFA1 allocated to upgrade Mbengue Mbengue surgical room Maternity Tongon hospital (2023) 5 dispensaries built and equi
Slide 18: Bringing drinking water closer to households
Bringing drinking water closer to households... Investment in drinking water infrastructure is estimated at around 1.2 billion FCFA1 since the start of operations: 14 water points drilled for human-powered systems 24 hydraulic pumps installed Water treatment unit built in Tongon village Update to mo
Slide 19: Infrastructure Contributions
Infrastructure Contributions... Around 882 million FCFA1 invested to date in food self-sufficiency and preparing for the post- mining era with the "Agribusiness" project - Development of 18ha of rice field (2023) Around 2.5 billion FCFA1 invested to date to open and maintain roads and tracks in the
Slide 20: Biodiversity
Biodiversity… A formal commitment to the conservation and promotion of biodiversity: Monitor lizard Crocodiles Internal Hunting and fishing prohibited on the site Reforestation activities underway in footprint areas Installation of cameras for the capture of animals on site Engaging with external pa
Slide 21: Commitment to employment of nationals
Commitment to employment of nationals… Total Employees and Contractors Total Employees and Contractors: 2,788 CDI Nationals: 2,720 (98%) Expats Expat: 68 (2%) Other CDI Nationals 68 (2%) 307 (11%) Training: Focus on developing our local talent Community with 705 employees attending formal training i
Slide 22: Local contractors
Local contractors... The establishment of the Tongon mine has played a crucial role in fostering significant expansion for local contractors, as numerous businesses have grown and expanded as a result Some of our local contractors are EKD, SAMA, ZICEL, IVOIRE SERVICES
Slide 23: 2023…The year ahead
2023…The year ahead Sustain year to date progress to achieve 2023 production guidance Advance exploration to extend the Life of Mine Develop large-scale socio-economic projects in our communities (e.g., rice, fish, soumara, soap) Fish farming Women soap project Rice farming for women Shea Butter Est
Slide 24: Endnotes
Endnotes… 1. On a 100% basis. 2. Class 1 - High Significance is defined as an incident that causes significant negative impacts on human health or the environment or an incident that extends onto publicly accessible land and has the potential to cause significant adverse impact to surrounding commun