Barrick Mining Corporation · TSX:ABX

Barrick Mining — Barrick Gold — Q2 2005 Earnings Presentation

5 slides from Barrick Mining's earnings presentation, Jul 28, 2005

1. Slide 1: Second Quarter 2005 Conference Call

   BARRICK GOLD CORPORATION Second Quarter 2005 Conference Call July 28, 2005 1

2. Slide 2: Forward Looking Statement

   BARRICK GOLD CORPORATION Second Quarter 2005 Conference Call July 28, 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 performan

3. Slide 3: Change in Accounting Policies

   BARRICK GOLD CORPORATION Second Quarter 2005 Conference Call July 28, 2005 Change in Accounting Policies ƒ Adopted new accounting policy on stripping costs prior to 2006 deadline – Expected to reduce 2005 total cash costs by $8/oz ƒ Adopted GAAP accounting for total cash costs – Expected to increase

4. Slide 4: Second Quarter Results – Operations

   BARRICK GOLD CORPORATION Second Quarter 2005 Conference Call July 28, 2005 Second Quarter Results – Operations Lagunas Norte Mine, Peru ƒ Production began June 16th with first pour ƒ Construction completed in 15 months ƒ Ahead of schedule and within budget ƒ 2005E production: 545,000-550,000 ounces

5. Slide 5: The Case for Barrick

   BARRICK GOLD CORPORATION Second Quarter 2005 Conference Call July 28, 2005 The Case for Barrick ƒ On track to meet 2005 guidance ƒ Growth in production and cash flow expected to begin in second half of 2005 ƒ Increasing production in a strong gold price environment ƒ Focusing on exploration in five

Barrick Gold — Q2 2005 Earnings Presentation on 6ix