Barrick Mining Corporation · TSX:ABX

Barrick Mining — Corporate Update (July 2022)

18 slides from Barrick Mining's corporate update, July 2022

  1. Slide 1: Kibali leads the way in creating a sustainable tomorrow

    Operated by Kibali leads the way in creating a sustainable tomorrow … Kinshasa, July 2022

  2. Slide 2: Cautionary Statement on Forward-Looking Information

    Cautionary Statement on Forward- Looking Information Certain information contained or incorporated by reference in this presentation, including any information as to our strategy, projects, plans or future financial or operating performance, constitutes “forward-looking statements”. All statements,

  3. Slide 3: Barrick Partnering with our host countries

    Barrick Partnering with our host countries purpose is foundational Loulo-Gounkoto 1 (80%) to our business operates on 4 Tongon (89.7%) continents in 18 countries Partnering with Reko Diq2 our host (24.5%) countries is foundational to our business purpose In April 2020, Porgera was placed on care and

  4. Slide 4: Kibali investment in the DRC exceeds $4.1 billion

    Kibali investment in the DRC exceeds $4.1 billion… OPENED UP ECONOMY IN NE DRC CREATING SUSTAINABLE BUSINESSES – EDUCATION AND SKILLS TRAINING 2009 2010 2010 2011 2012 2012 2013 2013 Randgold and SOKIMO offered to Kibali doubles Construction Social upliftment - Portion of permit Resettled 4,200 Pour

  5. Slide 5: Q2 update… Delivering on the 2022 business plan

    Q2 update… Delivering on the 2022 business plan No lost time injuries (LTIs) or Class 1 environmental incidents4 recorded for Q2 Kibali is on track to meet full-year production guidance Exploration continues to deliver promising potential for additional ounces at Kibali as we continue to invest in r

  6. Slide 6: Health & Safety

    Health & Safety… Safety LTIFR5 7 Zero Lost Time Injuries (LTI) recorded during Q2 2022 6 ISO 45001 re-certification by external audit 5 Journey to Zero Harm (J20H) program continuation of implementation and 4 3 monitoring for compliance 2 Site Baseline Risk Assessments continue to review and update

  7. Slide 7: Kibali…a Tier One operation

    Kibali…a Tier One operation Solid Plant Performance Plant Performance (100% Basis) Tonnes ‘000 (100% Basis) % 8,000 90 Successfully completed the mill gearbox replacement at Mill 2 during 7,500 Q2 2022 with the plant running at full capacity 7,000 85 Successfully completed the winder rope changeout

  8. Slide 8: Building the exploration pipeline

    Building the exploration pipeline… Current drilling program at Kalimva confirming potential at depth (300m vertical distance) 2021 Resource Pit High-grade mineralization system open down plunge at Mengu Hill. 2021 Reserves Pit Kibali OC Reserves Follow up drilling in progress Exploration Target High

  9. Slide 9: Kibali…11000 Lode continues to provide growth

    Kibali…11000 Lode continues to provide growth Sessenge KCD Pit Pit 2022: 3000 Lode Target 3000 Lode 5000 Lode 9000 Lode 11000 Lode Actual Development Development Design Haulage Level 5210 rL 11000 Lode Conceptual Mine 300m Design 2022: 11000 Lode SW Mineable Stope Shapes NE

  10. Slide 10: Cost efficient operations with world class hydroelectric stations

    Cost efficient operations with world class hydroelectric stations… Hydropower Total Power Generation MW Maximum of ~42 MW/h hydro 40 0.30 generation capacity, minimises diesel consumption 35 0.25 Q2 hydroelectric power blend 30 averaging at 80%, reducing 0.20 impact of increased diesel 25 prices as

  11. Slide 11: Community development

    Community development… Stakeholder Engagement Catholic church - community development initiatives - Church renovation and sunflower project Community day street clean up organised Education/Capacity building/Garamba alliance Partnerships for biodiversity conservation launched Financial inclusion: Ga

  12. Slide 12: Drawing more development agents… another partnership: the Garamba Alliance

    Drawing more development agents… another partnership: the Garamba Alliance 2016 – Barrick, then Randgold, signed an MoU with USAID Kibali has been inviting development participants to come expand the economic frontier settled by the mine in the area In March 2020, USAID requested concept notes for a

  13. Slide 13: Investing in the future of Africa's biodiversity

    Investing in the future of Africa’s biodiversity… Feasibility Study has commenced for the reintroduction of white rhino into the Garamba National Park The plan envisages the relocation of around 50 white rhinos to Garamba - critical in the long-term plan to protect this species Barrick is the sole s

  14. Slide 14: Local sustainability

    Local sustainability… Driving Sustainable Value through Local Partnerships Constructed a world class Aquaponics farm through engaging with local partners and Garamba Alliance to create new opportunities with innovative technology Exploring opportunities to scale the Cocoa and Coffee agricultural sec

  15. Slide 15: Environmentally focused

    Environmentally focused… Empowering local businesses in our community with a water Fresh water abstracted per tonne of bottling plant aimed at reducing our carbon footprint and reduce 1.2 1.0 ore treated plastic use at Kibali with plans for a recycling arm underway 0.8 Project for water reuse initia

  16. Slide 16: Kibali leading the way in localisation & transformation

    Kibali leading the way in in localisation & transformation… A Local Workforce National We are proud to support Casuals 242 (4%) Women in Mining Expat Expat Contractors Driving increased employment of women in the traditionally male- Employees 144 (2%) dominated mining industry through targeted recru

  17. Slide 17: Nos Vies En Partage (NVEP)

    Nos Vies En Partage (NVEP)… Nos Vies en Partage (‘Sharing Prosperity’) is a charity established in 2012 by legacy Randgold in support of those left behind by society with a special focus on neglected women and children, and less advantaged communities Between 2012 and 2016, Mark Bristow led a team o

  18. Slide 18: Endnotes

    Endnotes 1. A Tier One Gold Asset is an asset with a reserve potential to deliver a minimum 10-year life, annual production of at least 500,000 ounces of gold and total cash costs per ounce over the mine life that are in the lower half of the industry cost curve. A Strategic Asset is an asset which

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