Barrick Mining Corporation · TSX:ABX
Barrick Mining — Barrick Gold — Shareholder Meeting (April 2004)
9 slides from Barrick Mining's shareholder meeting presentation, Apr 22, 2004
Slide 1: Operations Review
Barrick Gold Corporation – Building Mines, Building Value 2004 Annual and Special Shareholders Meeting Operations Review Peter Kinver Executive Vice President and Chief Operating Officer Operational Objective Deliver on targets – Enhance safety performance – Maximize performance at existing assets
Slide 2: Operational Highlights – 2003 and 1st Q 2004
Barrick Gold Corporation – Building Mines, Building Value 2004 Annual and Special Shareholders Meeting Operational Highlights – 2003 Delivering results – Met overall production and cost targets – Mine performance on track – Development projects significantly advanced – New organizational design in
Slide 3: What’s Next – Building Mines, Veladero, Argentina
Barrick Gold Corporation – Building Mines, Building Value 2004 Annual and Special Shareholders Meeting What’s Next Building Mines Building Mines – Veladero, Argentina POTENTIAL Gold reserves: 11.1 M oz Production E: 525–550,000/yr Average cash cost E: $155–165/oz (subject to exchange rate fluc
Slide 4: Veladero / Pascua-Lama
Barrick Gold Corporation – Building Mines, Building Value 2004 Annual and Special Shareholders Meeting Waste Veladero / Pascua-Lama Pascua-Lama Pit Waste Pit CHILE ARGENTINA Waste Filo Federico Pit Amable Pit Veladero Waste Heap Leach 0 5 10 kilometres Building Mines – Pascua-Lama Chile/Argentina
Slide 5: Alto Chicama, Peru
Barrick Gold Corporation – Building Mines, Building Value 2004 Annual and Special Shareholders Meeting Building Mines – Alto Chicama, Peru Lagunas Norte Deposit POTENTIAL Gold reserves: 7.2 M oz Production E: 535–560,000/yr Average cash cost E: $135–145/oz PLAN Open pit - crushing/leaching
Slide 6: Cowal, Australia
Barrick Gold Corporation – Building Mines, Building Value 2004 Annual and Special Shareholders Meeting Building Mines – Cowal, Australia POTENTIAL Gold reserves: 2.5 M oz Production E: 220–230,000/yr Average cash cost E: $230–245/oz PLAN Open pit - CIL Capital costs E: $270M Construction u
Slide 7: Maximize Existing Assets
Barrick Gold Corporation – Building Mines, Building Value 2004 Annual and Special Shareholders Meeting Maximize Existing Assets Increase throughput and recovery Decrease variable and fixed costs Capture new business opportunities Reserve Development and Replacement Virtually replaced 2003 re
Slide 8: Enhance Safety; Target Production 2004-2007
Barrick Gold Corporation – Building Mines, Building Value 2004 Annual and Special Shareholders Meeting Enhance Safety Enhancements roll-out in Q1 2004 Target: zero lost time accidents Safe mine is a profitable mine Maintain Social Responsibility Track Record Environmental stewardship Commu
Slide 9: Forward Looking Statement
Barrick Gold Corporation – Building Mines, Building Value 2004 Annual and Special Shareholders Meeting FORWARD LOOKING STATEMENT Certain statements included herein, including those regarding production, costs, development schedules and other statements that express management’s expectations or estim