Slide 1: First Quarter 2006 Conference Call
BARRICK GOLD CORPORATION First Quarter 2006 Conference Call May 3, 2006 CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION Certain information contained or incorporated by reference in this presentation, including any information as to our future financial or operating performance, constitutes "for
Slide 2: Highlights
BARRICK GOLD CORPORATION First Quarter 2006 Conference Call May 3, 2006 Delivering Value from Assets, People & Projects Highlights Strong financial results Completed Placer Dome Acquisition Pascua-Lama: EIA approved in Chile Cowal mine commences operation Tethyan transaction near completio
Slide 3: Financial and Operating Highlights
BARRICK GOLD CORPORATION First Quarter 2006 Conference Call May 3, 2006 Financial and Operating Highlights Earnings: $224 million Earnings per share: 29¢ Operating cash flow: $378 million Operating cash flow per share: 48¢ Gold production: 1.96 million ounces Total cash costs: $283 per o
Slide 4: Integration Progress – Q1/06
BARRICK GOLD CORPORATION First Quarter 2006 Conference Call May 3, 2006 Integration Progress – Q1/06 Focused on – Implementing the organizational structure – Interviewing Placer Dome employees – Consolidating business & exploration offices – Eliminating immediate redundancies Annual synergies ta
Slide 5: Exploration Update
BARRICK GOLD CORPORATION First Quarter 2006 Conference Call May 3, 2006 Exploration Update (2) Exploration is a core strength of Barrick Discovery-driven culture Consistent investment in exploration Acquisition of Placer Dome brings significant opportunities and synergies 2006 Exploration
Slide 6: Delivering Value from Assets, People & Projects
BARRICK GOLD CORPORATION First Quarter 2006 Conference Call May 3, 2006 Delivering Value from Assets, People & Projects 6
Slide 7: Delivering Value from Assets, People & Projects
BARRICK GOLD CORPORATION First Quarter 2006 Conference Call May 3, 2006 Delivering Value from Assets, People & Projects 7
Slide 8: Barrick Exploration Summary
BARRICK GOLD CORPORATION First Quarter 2006 Conference Call May 3, 2006 Delivering Value from Assets, People & Projects Barrick Exploration Summary Disciplined and consistent approach Near-term discovery enhanced by advancing best projects faster Focused on most prospective areas Reserve and
Slide 9: Hedge Book Reduction Outlook for 2006
BARRICK GOLD CORPORATION First Quarter 2006 Conference Call May 3, 2006 Hedge Book Reduction (millions of ounces) Corporate* December 31, 2005 10.5 First quarter reduction (4.7) Position at March 31, 2006 5.8 April reduction (1.0) Position at May 3, 2006 4.8 Additional 2006 reduction (2.0) Expected
Slide 10: The Case for Barrick
BARRICK GOLD CORPORATION First Quarter 2006 Conference Call May 3, 2006 The Case for Barrick Strength, breadth and scale World-class portfolio of mines with strong strategic fit Experienced management team with proven track record Unrivalled exploration and development pipeline Strongest f