Barrick Mining Corporation · TSX:ABX

Barrick Mining — Barrick Gold — Diggers & Dealers Forum 2003

10 slides from Barrick Mining's conference presentation, Aug 6, 2003

  1. Slide 1: Diggers & Dealers Forum

    BARRICK GOLD OF AUSTRALIA Diggers & Dealers Forum Kalgoorlie – August 2003 FOCUSED ON GOLD Diggers and Dealers - Kalgoorlie – 6 August 2003 1 FOCUSED ON GOLD FORWARD LOOKING STATEMENT Certain statements included herein, including those regarding production and costs and other statements that express

  2. Slide 2: Who We Are

    BARRICK GOLD OF AUSTRALIA Diggers & Dealers Forum Kalgoorlie – August 2003 FOCUSED Who We Are ON GOLD ƒ Operationally: – One of the largest gold producers with a long life, competitive cost profile – 2003E production – 5.4-5.5 M oz at a cash cost of US$180-$190/oz – Our portfolio consists of 12 oper

  3. Slide 3: Kalgoorlie Consolidated Gold Mines

    BARRICK GOLD OF AUSTRALIA Diggers & Dealers Forum Kalgoorlie – August 2003 FOCUSED Kalgoorlie Consolidated Gold Mines ON GOLD ƒ Optimisation study – opportunities for cost reduction ƒ 15 years reserves ƒ Mt Charlotte continues operation 8,000 250 6,765 6,270 200 6,000 5,724 5,551 Reserves 150 Ounces

  4. Slide 4: Darlot

    BARRICK GOLD OF AUSTRALIA Diggers & Dealers Forum Kalgoorlie – August 2003 FOCUSED Darlot ON GOLD ƒ Cash cost decreasing in A$terms ƒ Mature, steady state operation ƒ Stable operating costs 250 2,000 200 1,405 150 Ounces (000's) 1,341 1,280 1,269 US$/oz Reserves Prduction Cash Cost 100 50 113 127 12

  5. Slide 5: Reserve Growth

    BARRICK GOLD OF AUSTRALIA Diggers & Dealers Forum Kalgoorlie – August 2003 FOCUSED Reserve Growth ON GOLD ƒ Two ways to grow reserves – buy them or find them Today we’re focused on finding them – Discovered 11 million ounces in 2002 – Largest grassroots discovery in the past several years - Alto Chi

  6. Slide 6: Exploration Alliances

    BARRICK GOLD OF AUSTRALIA Diggers & Dealers Forum Kalgoorlie – August 2003 YILGARN MINES FOCUSED ON GOLD REPLACING RESERVES 1997 – 2002 (millions of ounces) ƒ Mined 2.5 Moz ƒ Defined additional 4.4 Moz 4.3 4.4 2.4 2.5 Y/E 1997 Total Y/E 02 Reserve P&P Reserves Mined Additions P&P Reserves 1998-2002

  7. Slide 7: Improving Future Performance

    BARRICK GOLD OF AUSTRALIA Diggers & Dealers Forum Kalgoorlie – August 2003 FOCUSED Improving Future Performance ON GOLD ƒ FOUR PROJECTS IN THE DEVELOPMENT PIPELINE – COWAL, AUSTRALIA – ALTO CHICAMA, Peru – VELADERO, Argentina – PASCUA/LAMA, Chile/Argentina Together these projects represent: ƒ US$2 b

  8. Slide 8: Improving Future Performance

    BARRICK GOLD OF AUSTRALIA Diggers & Dealers Forum Kalgoorlie – August 2003 FOCUSED Improving Future Performance ON GOLD VELADERO, ARGENTINA ƒ Proven and probable reserves: 9.4M oz ƒ Environmental Impact Study submitted January 2003 ƒ 2003 Focus: construction of access roads and camp infrastructure ƒ

  9. Slide 9: COWAL, Australia

    BARRICK GOLD OF AUSTRALIA Diggers & Dealers Forum Kalgoorlie – August 2003 FOCUSED Improving Future Performance ON GOLD COWAL, AUSTRALIA ƒ Proven and probable reserves: 2.8M oz ƒ Environmental Impact Study and feasibility study complete ƒ 2003 Focus: optimization study and final permitting ƒ Project

  10. Slide 10: Conclusion

    BARRICK GOLD OF AUSTRALIA Diggers & Dealers Forum Kalgoorlie – August 2003 FOCUSED Conclusion ON GOLD ƒ Focusing on the execution of development projects – Significant strides to advance projects in H1 ƒ Strong emphasis on exploration ƒ Optimizing capital structure – Reduce our cost of capital and e

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