Barrick Mining Corporation · TSX:ABX
Barrick Mining — Barrick Gold — Investing in African Mining Conference (INDABA) 2003
5 slides from Barrick Mining's conference presentation, February 2003
Slide 1: 2002 Operating Results
Barrick Gold Corporation INDABA – February 2003 2002 OPERATING RESULTS § Strong fourth quarter § Production: 5.7moz. § Cash costs: $177/oz. INDABA 2003 INDABA 2003 2003 OPERATING FORECAST § Production: 5.4 – 5.5moz. TOTAL PRODUCTION – Closure of 5 mines in 2002 § Cash costs: $180 – 190/oz. CORE – Lo
Slide 2: Fourth-Quarter 2002 Results
Barrick Gold Corporation INDABA – February 2003 FOURTH-QUARTER 2002 RESULTS FOURTH-QUARTER 2002 RESULTS millions millions § Earnings before § Earnings after adjustments $ 68 adjustments $54 EPS EPS 13¢ 10 ¢ INDABA 2003 INDABA 2003 FOURTH-QUARTER 2002 RESULTS FOURTH-QUARTER 2002 RESULTS millions § Op
Slide 3: Development Plan
Barrick Gold Corporation INDABA – February 2003 DEVELOPMENT PLAN § $2 billion cost § 5 year timeline § 4 new mines § 2 million new ounces § $125 per ounce INDABA 2003 INDABA 2003 BARRICK EXPLORATION PROGRAM REDUCED NEW MINE GOLD PRICES DISCOVERIES 2002: $104 million 2003: $100 million INDABA 2003 IN
Slide 4: Development Pipeline
Barrick Gold Corporation INDABA – February 2003 Pascua-Lama DEVELOPMENT PIPELINE 800 @ (thousands of ounces @ cost per ounce) $85 Alto Chicama Veladero 500 530 @ 6.5moz. @ $155 $130 Cowal 270 reserve @ $170 ALTO CHICAMA 2005 2005 2006 2008 INDABA 2003 INDABA 2003 Pascua-Lama Pascua-Lama DEVELOPMENT
Slide 5: Development Pipeline Operating Globally
Barrick Gold Corporation INDABA – February 2003 DEVELOPMENT PIPELINE OPERATING GLOBALLY § Cowal Project, Australia § Transparency - Acquired with EIS in place – As much information as possible § Veladero Project, Argentina – As early as possible - Exploitation agreement signed § Build trust - Road c
Barrick Gold — Investing in African Mining Conference (INDABA) 2003 on 6ix