Slide 1: Mali media presentation, July 2023
Mali Successful partnerships keep gold shining for Mali… Mali media presentation, July 2023
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 stat
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 Source: Metals Focus; World Gold Council as at 31 Dec 2021 DRC Barrick – countries of gold production Columbia
Slide 4: Barrick operates on 4 continents in 18 countries
Barrick operates on 4 continents in 18 countries… Geographical distribution of 2022 Donlin gold production (50%) CANADA Loulo- Gounkoto Moz NGM (61.5%) Phoenix (61.5%) USA Hemlo 100% 80% Turquoise Ridge EGYPT PAKISTAN Carlin DOMINICAN Pueblo Viejo Reko Diq 50% JAPAN Cortez incl Goldrush REP 60% SAUD
Slide 5: Top gold mines in the world
Top gold mines in the world… Koz The world’s top 10 largest gold mines in 2022 by production 5 of the top 2000 10 gold 1800 mines in the 2022 Au production 2021 Au production 1600 world are operated by 1400 Barrick – 2 1200 of them in 1000 Africa 800 600 400 200 0 Grasberg Muruntau Carlin Olimpiada
Slide 6: Economic contributions
Economic contributions… Loulo, Gounkoto and Morilai mines have collectively contributed between 5% and 10% of the Malian GDP over the last 10 years Barrick / Randgold operations have contributed approximately $9.3 billion to the Malian economy in the form of taxes, royalties, salaries and payments t
Slide 7: Q2 2023 Highlights
Q2 2023 Highlights… Loulo-Gounkoto Complex on track to achieve year end guidance No lost-time injuries (LTIs) or Class 1 (high significance) environmental incidents recorded during the first half of the year Increased indirect payments to economy ISO 45001 and ISO 14001 certifications maintained Sal
Slide 8: 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 9: Safety, health and environment
Safety, health and environment… Safety, Health & Environment Safety: No LTIs recorded YTD at Loulo and Gounkoto LTIFR2 Mines retain ISO 45001:2018 and ISO14001:2015 SHE Management Systems certification 1.5 Roll out of Responsibility to Stop Unsafe Work on site to integrate into safety 1.0 meetings P
Slide 10: Q2 Production
Q2 Production… Proceeding with the latest underground technology through the implementation of AutoMine at all 3 underground mines in the Loulo-Gounkoto Complex Complex Gold Production (kozi) 800 Gounkoto Underground first production stopes delivered ahead of schedule and fed to plant 700 Following
Slide 11: Gounkoto: 3rd underground mine begins stoping
Gounkoto…3rd underground mine begins stoping Gounkoto continues to deliver value with the 1st stope opened successfully at correct introduction of the third underground mine at the fragmentation Complex First stopes opened ahead of schedule Implementation of surface tele-remoting to support a safer
Slide 12: Delivering our GHG strategy
Delivering our GHG strategy… 69,532 tonnes of CO2 equivalent emissions saved since first commissioning of solar plant in August 2020 Additional 40MW expansion progressing ahead of plan: First phase of additional solar of 20MW completed with battery installation underway Solar Extension Project - Map
Slide 13: Exploration and upside
Exploration and upside… Faleme Domain Kofi Domain Loulo-Gounkoto N RC drilling intersects significant grades associated with silica Iron Hill PQ10 albite alteration in close proximity to limestone and Iron skarn along Gara West Gara the north-south projection of Gara West to Iron Hill target Update
Slide 14: Local commitment: growing Malian businesses
Local commitment…growing Malian businesses Growing the next generation of Malian companies Support to local entrepreneurship initiatives with 13 GIEsi and 7 companies created by locals Second cohort of 30 local companies to be trained in business development Businesses endorsed ranging from fuel sup
Slide 15: Local commitment: prioritizing Malian workforce
Local commitment…prioritizing Malian workforce Total Workforce: 6,918 Nationals: 6,682 (97%) – 97% of employees are from Mali highlighting our strategy Community: 1,278 (19%) to grow local talent and providing employment for 6,682 Expats: 236 (3%) Contractor individuals Expats Mine Mine 112 (2%) 19%
Slide 16: Local commitment: community development
Local commitment…community development Monthly community development committee (CDC) meeting held to support the community Training conducted for village chiefs and their advisors on their roles and responsibilities in social cohesion 4 schools renovated in Séguelani, Kounda, Bantankoto and Mahinami
Slide 17: Local commitment: Community awareness
Local commitment…Community awareness Consultation workshop on the integrated management of the Loulo TSF Objectives of the workshop Compliance with Global Industry Standard on Tailings Management (“GISTM”) requirements Integrated management of the TSF with the community Involvement of the technical
Slide 18: Community project overview
Community project overview… Basic water supply system in Kounda: Integrated management system implemented 50 m3 water tower built in Kounda Borehole operating flow of 15m3/h 17 standpipes for a network of 4,523 linear metres Solar generator of 8.5 KW and additional generator of 10 KVA installed More
Slide 19: World Environmental Day
World Environmental Day… World Environmental Day celebrated Tree planting with communities and authorities General plastic bag housekeeping by DK village women Artistic demonstration on effects of plastic pollution Plastic bag recycling product presentation Celebration with authorities, local commun
Slide 20: Biodiversity
Biodiversity… Conservation project for the FINA park of 104,000 ha - support for the Mali elephant project Establishment of a voluntary park surveillance team with local communities Training a local airplane pilot for the park Funding for a soap-making micro-project in the village of Baracorodji - a
Slide 21: Endnotes
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. A Strategic Asset is an asset which