Slide 1: Mali
Mali Successful partnerships keep gold shining for Mali… Mali media presentation, October 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 state
Slide 3: Barrick operates on 4 continents in 19 countries
Barrick operates on 4 continents in 19 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 4: 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 5: 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 $9.5 billion to the Malian economy in the form of taxes, royalties, salaries and payments t
Slide 6: Economic contributions in 2023
Economic contributions in 2023… Total contributions to the Malian economy in 2023 in the form of dividends, royalties and taxes totalled $297m Increased indirect contribution to the economy through salaries and payment to local suppliers totalling $456m, local suppliers account for 76% of the total
Slide 7: Q3 2023 Highlights
Q3 2023 Highlights… Loulo-Gounkoto Complex on track to achieve year end guidance No major environmental incident recorded during this quarter ISO 45001 and ISO 14001 certifications maintained Solar PV expansion phase 2 pulled forward to Q3 2023 compared to Q4 2024, realizing fuel savings earlier Kun
Slide 8: Journey to Zero
Journey to Zero… We have taken a hard look at our current Fatality Prevention Commitments and will be amplifying our efforts with the roll out of our Fatal Risk Management Program in October Fatal Risk Management is about the responsibility to “STOP UNSAFE WORK” if a critical control is missing or i
Slide 9: Safety, health and environment
Safety, health and environment… Safety, Health and Environment Safety: LTIFR2 Mines retain ISO 45001:2018 and ISO14001:2015 SHE Management 1.4 Systems certification 1.2 Workshop held with management and contractors to mitigate increased trend 1.0 of HPIs 0.8 Survey completed to assess elevated numbe
Slide 10: Q3 2023 Production
Q3 2023 Production… Underground Operations Loulo-Gounkoto Complex Well on track to extend Yalea UG Life of Mine due to successful 800 Gold Production (kozi) exploration drilling 700 All 3 underground mines in the Complex fully operational with tele- remote mining technology, enabling world class saf
Slide 11: Expansion of Loulo
Expansion of Loulo… Underground Infrastructure Kt UG Ore Tonnes (Kt)i Ongoing investment sets Gara and Yalea underground mines up for 880 extended growth 860 New HOWDEN fan commissioned and in operation at Gara 840 New 8MW fridge plant on track to be completed in Q4 2023 820 858 837 800 Introduction
Slide 12: Leading the way to a greener future
Leading the way to a greener future… Mine continued to implement a strategy of reducing Green House Gas emissions through its Climate Change Committee All 30 BESSi units now installed and connected to the micro grid Solar Extension Project - Map On track to fully complete the in the final quarter of
Slide 13: Exploration and upside
Exploration and upside… Yalea South N-S Yalea Shear Yalea Orebody Loulo-4 Loulo-3 NNE Yalea Structure Boboto Loulo 4 Gara Open Au (g/t) 1200mVD >8g/t 5-8 Loulo 3 Kofi Domain Yalea Deeps 3-5 1-3 High-Impact Opportunities <1g/t Yalea Yalea Shear Zone/Structure Long Section (Looking West) Loulo Loulo–G
Slide 14: Local commitment: growing Malian businesses
Local commitment… growing Malian businesses Growing the next generation of Malian companies Local entrepreneurship initiatives: 3 new GIEsi established by the local community, started working with the mine. Making 16 GIEsi and 7 companies established by locals Growing the local economy: FCFA 300 mil
Slide 15: Local commitment: prioritizing Malian workforce
Local commitment… prioritizing Malian workforce Total Workforce: 7,079 Nationals: 6,808 (96%) Contractor Community: 1,363 (19%) Expats Expats: 271 (4%) 154 (2%) 96% of employees are from Mali highlighting Mine our strategy to grow local talent and provide Nationals Mine Permanent employment for 6,80
Slide 16: Local commitment: Community Development
Local commitment… Community Development Regular community development committee (CDC) meetings held to reinforce the relations with community Education: 2 new schools built at Faraba and Nema hamlets Authorization obtained for the establishment of a high school in DK village. Studies ongoing Food Se
Slide 17: Local commitment: Women Empowerment
Local commitment… Women Empowerment Ongoing women’s projects Gardening Revitalization of soap production Establishment of microfinance associations Feasibility study for the establishment of a sewing project to manufacture PPE shirts
Slide 18: Local commitment: Community Awareness
Local commitment… Community Awareness TSF Emergency Team Training Context Compliance with Global Industry Standard on Tailings Management (“GISTM”) requirements Integrated management of the Tailings Storage Facility (TSF) with the community Involvement of technical services and communities in the em
Slide 19: Community project overview
Community project overview… Water supply system in Kounda Official hand-over ceremony completed Local and traditional leaders and technical services involved Integrated management system consisting of: 50 m3 water tower handover to the village Borehole operating flow of 15m3/h 36 water taps over a n
Slide 20: Endnotes
Endnotes 1. A Tier One Gold Asset is an asset with a $1,300/oz reserve potential to deliver a minimum 10-year life, annual production of at least 500,000 ounces of gold and with all in sustaining costs per ounce in the lower half of the industry cost curve. 2. Lost time injury frequency rate ("LTIFR