Barrick Mining Corporation · TSX:ABX
Barrick Mining — MineAfrica 2022
15 slides from Barrick Mining's conference presentation, Jun 14, 2022
Slide 1: Delivering value through strong local partnerships
Delivering value through strong local partnerships
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: Highlights
Highlights… Significant progress at North Mara and Bulyanhulu since Barrick assumed operational control in 2019 Operations advance towards Tier 1 status1 delivering combined production of 521kozi in 2021 (North Mara 309koz, Bulyanhulu 212koz) 2021 2017 2019 2019 2020 2020 2020 2020 2020 2021 First i
Slide 4: Operational Improvements
Operational Improvements…… North Mara Bulyanhulu North Mara continued to stretch and improve its operations with record 75% ore in doré extracted compared to the historic trend of around 50% and underground production and continued throughput improvements quarter-on- showed the same improvement in r
Slide 5: Contribution to Tanzanian Economy
Contribution to Tanzanian Economy… Split of total in-country investment 2019 – 2021 Barrick entities in Tanzania increased its contribution to Salaries GDP. In 2020, the contribution to GDP was c.1.7%, an US$ 133m increase of about 33% compared to 2019 7% In 2021, Barrick was recognized as the highe
Slide 6: Local Content Spend
Local Content Spend… Key Achievements Total local spend is at 73% and indigenous spend is at 45% during Q4 2021, against annual target of 40% This is a result of Barrick’s strategies to empower local businesses, promote linkages of our suppliers with local communities and working closely with the Mi
Slide 7: Investment in the Community 2019 - 2021
Investment in the Community 2019 - 2021… Sports Sponsorship 3% Economic Development Road Infrastructure 9% 13% Sports Sponsorship Road Infrastructure Water & Power Projects 11% US$6.7 million Spent Economic Development Others (Community engagement) Education Water and power projects 10% 37% Health E
Slide 8: Case study…Sustainable agribusiness
Case study…Sustainable agribusiness Poultry Farm Project: Owns 1,255 eggs layers. Supplied 658 trays to AKO, the caterer at North Mara Mokarambe Horticulture Youth Group: 2 acres of watermelon and other vegetables cultivated AKO to supply their products from October 2022 Other Livelihood Groups: 21
Slide 9: Commitment to Employment of Nationals
Commitment to Employment of Nationals… Expat Employees Key Achievements up to 2021: Operational performance was supported by National 1% continued investment in Tanzanian skills, Employees National management and strengthening Contractors partnerships with our local contractors In 2021, Tanzanians w
Slide 10: Safety
Safety… Two lost time injuries (LTIs) recorded in Q4 2021 TANZANIA LTIFR4 2019 - 2021 No significant environmental incidents in Q4 2021 0.36 0.35 Total recordable incident frequency rate (TRIFR3) of 0.35 0.51 down from 1.12 in 2020 0.34 91% (263/290) of contractors and operators at North 0.34 Freque
Slide 11: Environmental…Fixing inherited issues
Environmental…Fixing inherited issues We made the commitment to the Tanzanian government when it took over control of the mine in September 2019, to fix the issues inherited from the previous owners Barrick has spent over US$65 million on the project, increasing the water treatment plant’s capacity
Slide 12: Health
Health… Covid-19 Malaria Incidence Rate 2019 - 2021 26.45% of our workforce have already been partially 14 12.27 vaccinated and 20.25% fully vaccinated 11.87 Reinforced Covid-19 protocols and the roll-out of 12 vaccines to its workforce 10 Malaria 7.96 8 MIR (%) A drop of the malaria incidence rate
Slide 13: Exploration…Growing our Footprint
Exploration…Growing our Footprint North Mara New Prospective Corridor N +5km extension of porphyries and sediments along Utimbaru structural corridor North Mara: Geology models at both Ochuna Ochuna Conceptual Resource Ochuna and Rama - resource and reserve Area identified Shakta updates to be compl
Slide 14: Exploration
Exploration… Acquisition of 143km2 of highly prospective ground on extensions to Bulyanhulu Acquisition of 6 exploration permits from Tembo Gold Corp, added New Permits additional 143km2 of highly prospective ground to the Bulyanhulu portfolio (red outlines) Expands potential for new discoveries Fir
Slide 15: 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. Estimated in accordance with Nati