Barrick Mining Corporation · TSX:ABX
Barrick Mining — Barrick Gold — Merrill Lynch Global Metal, Mining & Steel Conference 2002
5 slides from Barrick Mining's conference presentation, May 15, 2002
Slide 1: Barrick: Built to Last
Barrick Gold Corporation Merrill Lynch – Mining and Steel Conference Boston, Massachusetts – May 15, 2002 True to our principles BARRICK BUILT TO LAST True to our strategy Spot Gold Price $388 Production Net cash increase: $200m Cash A new stage of organic growth and Reserves Investing and dividends
Slide 2: Homestake Merger
Barrick Gold Corporation Merrill Lynch – Mining and Steel Conference Boston, Massachusetts – May 15, 2002 HOMESTAKE M ERGER Increase shares 35% More earnings Increase production 50% Homestake New Bulyanhulu + of Mines = Generation Higher cash flows Streamline Pascua/Veladero Increasing returns Lower
Slide 3: Development Pipeline
Barrick Gold Corporation Merrill Lynch – Mining and Steel Conference Boston, Massachusetts – May 15, 2002 DEVELOPMENT P IPELINE DEVELOPMENT P IPELINE $125/oz 2.8 25 P ASCUA / P ASCUA / VELADERO VELADERO COWAL 1.5m DEVELOPMENT P IPELINE DEVELOPMENT P IPELINE Rising earnings and cash flow Improving re
Slide 4: Strong Free Cash Flow
Barrick Gold Corporation Merrill Lynch – Mining and Steel Conference Boston, Massachusetts – May 15, 2002 P REMIUM G OLD SALES P ROGRAM EXPLORATION P ROGRAM No Net Debt Large Cash Position Strong ALTO CHICAMA Free Cash Flow JEWELRY MARKETING I NITIATIVE ACQUISITION O PPORTUNITIES Mine supply declini
Slide 5: Forward Looking Statement
Barrick Gold Corporation Merrill Lynch – Mining and Steel Conference Boston, Massachusetts – May 15, 2002 Exploration success Acquisition opportunities Profitable Growth + Competitive Returns “A” rated balance sheet FORWARD LOOKING STATEMENT Certain statements included herein regarding realized gold
Barrick Gold — Merrill Lynch Global Metal, Mining & Steel Conference 2002 on 6ix