Slide 1: Contributions of Pueblo Viejo to the Dominican Republic economy
Contributions of Pueblo Viejo to the Dominican Republic economy Pueblo Viejo Dominicana – a Barrick / Newmont Goldcorp Joint Venture
Slide 2: Cautionary Statement on Forward Looking Information
Cautionary Statement on Forward Looking Information JV Certain information contained or incorporated by reference in this presentation, including any information as to our strategy, projects, plans or future financial or operating performance, constitutes “forward-looking statements”. All statements
Slide 3: Pueblo Viejo Investment in the Dominican Republic 2008-2018
Pueblo Viejo Investment in the Dominican Republic… JV 2008 - 2018 Pueblo Viejo CAPEX US$5.2 B 19.23% of Total Country Net Foreign Direct Investment Represents the biggest investment in the history of the Dominican Republic
Slide 4: Economic Contribution of PV to DR Government vs PVDC Shareholders
Economic Contribution of PV to DR Government vs PVDC Shareholders JV Historical economic contribution cash split between DR Government vs PVDC Shareholders has been 57% Government vs. 43% PVDC Government has received an estimated $1.6B in value from Pueblo Viejo since operations began, with PVDC rec
Slide 5: Annual and Cumulative Economic Contribution
Economic Contribution of PV to DR Government vs PVDC Shareholders JV Actuals Forward Life of Mine (2008 – 2018) (2019 – 2048) $1.0 $6.00 4.2 $0.5 $3.00 2.5 Cumulative Economic Contribution ($B) $0.0 $0.00 Annual Economic Contribution ($B) 2008-12 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 202
Slide 6: SnapShot Pueblo Viejo
SnapShot Pueblo Viejo… JV 2003 - 2018 Foreign Currency Tax Contributions National Exports (direct) Direct Jobs* Purchases Income US$8.0 B US$4.9 B US$1.6 B 2,100 US$1.8 B 30% 22% National 110% 16% 96% Pueblo Viejo’s of Increase Corporate Dominican Export Exports in NIR Income Tax Employees of Goods
Slide 7: Impact of Pueblo Viejo 2013-2018
Impact of Pueblo Viejo… 2013-2018 JV Direct* Total** 1.3% 2.0% GDP GDP 2,100(1) 19,118 (1) Jobs Jobs 9.1 Employment US$5.7 B US$8.5 B Multiplier Net Value Net Value 65% Added Added Local * Payments for capital gains are not taken into account, since they are not part of the added value of the produc
Slide 8: Foreign Currency Income of Pueblo Viejo
Foreign Currency Income of Pueblo Viejo… JV 2013-2018 in US$B 7 *Takes into account service exports in the form of use of local ports and transportation industry.
Slide 9: Direct Impact by Pueblo Viejo in Balance of Payments
Direct Impact by Pueblo Viejo in Balance of Payments (“BOP”)…US$B JV Account Pueblo Viejo Rest Total Tourism Exports - 38.3 38.3 Remittances - 30.0 30.0 Free Trade Zones - 12.0 12.0 Current Net Exports ( G&S, National) 6.7 (75.1) (68.4) Account Capital Rents & Debt Payments (2.6) (17.4) (20.0) (“CA”
Slide 10: Cash Distribution Split Life of Mine
Cash Distribution…Split Life of Mine US$B, 2013 - 2018 JV Payments to the Debt repayment DR Government to (Direct) Barrick/Newmont 1.6 1.2 Pueblo Viejo Capex = 57% 43% US$5.2 B
Slide 11: Mining as % of Total Tax Revenue
Mining as % of Total Tax Revenue… JV 2017 4.0% 2016 3.7% 2015 3.3% 2014 4.5% 2013 4.3% 2012 0.4% 2011 0.5% Pueblo Viejo is the largest taxpayer in the Dominican Republic 2010 0.6% Source: DGII
Slide 12: Pueblo Viejo's Exports
Pueblo Viejo’s Exports… JV Pueblo Viejo Pueblo Viejo, Share or Total Exports Mineral Exports (as % of National Export of Goods*) (US$B) 0.0 0.0 0.1 0.1 0.0 2013 24.3% 0.1 0.0 0.1 0.0 2014 32.4% 0.0 0.0 0.0 2015 29.2% 1.4 1.5 1.4 1.2 2016 35.0% 1.0 1.1 2017 32.3% 2018 28.5% 2013 2014 2015 2016 2017 2
Slide 13: Employment Characteristics 2018
Employment Characteristics…2018 JV 2,100 Total Employees 96% Dominican Employees
Slide 14: Pueblo Viejo's National Purchases
Pueblo Viejo’s National Purchases*… US$M JV From 2013 – 2018 Pueblo Viejo made purchases from Dominican Companies of US$1.8 B, 0.4% of GDP 498 262 255 281 272 212 2013 2014 2015 2016 2017 2018 * Purchases exclude fuel
Slide 15: Pueblo Viejo's Local Purchases
Pueblo Viejo’s from Local Purchases*… US$M, % of purchases from Sánchez Rámirez and Monseñor Nouel, 2013-2018 JV 2.9% 5.6% 8.7% 10.3% 10.1% 7.1% 14.7 14.7 22.2 29.0 27.5 15.0 2013 2014 2015 2016 2017 2018 Purchases to SR and MN* % Total * Purchases excludes fuel
Slide 16: Pueblo Viejo Social Investment in the Dominican Republic
Pueblo Viejo Social Investment in the Dominican Republic… 2008-2018 JV US$37.4 M Local development (facilitation/ implementation of 48.9% the Municipal Development Plans) Production, self-employment and microbusiness 20.9% Education 10.1% Stakeholders engagement and disclosure 6.9% Preventive health
Slide 17: Pueblo Viejo JV upside: feasibility looks to expand Life of Mine and benefits to economy
Pueblo Viejo JV upside…feasibility looks to expand Life of Mine and benefits to economy JV Expansion study1 Proposed expansion includes an extension of the mine’s Scoping studies support plant expansion which could processing plant and tailings capacity with an estimated significantly increase throu
Slide 18: Technical information
Technical information JV The scientific and technical information contained in this presentation has been reviewed and approved by Chad Yuhasz, P.Geo, Mineral Resource Manager, Latin America and Australia Pacific; Rodney Quick, MSc, Pr. Sci.Nat, Mineral Resource Management and Evaluation Executive;