Barrick Mining Corporation · TSX:ABX
Barrick Mining — Barrick Gold — Merrill Lynch Global Metals, Mining & Steel Conference 2005
14 slides from Barrick Mining's conference presentation, May 10, 2005
Slide 1: Merrill Lynch Global Metals, Mining & Steel Conference
BARRICK GOLD CORPORATION Merrill Lynch Global Metals, Mining & Steel Conference Amsterdam – May 10, 2005 FORWARD LOOKING STATEMENT Certain statements included herein, including those regarding production, costs, development schedules and other statements that express management’s expectations or est
Slide 2: Barrick Snapshot
BARRICK GOLD CORPORATION Merrill Lynch Global Metals, Mining & Steel Conference Amsterdam – May 10, 2005 Barrick Snapshot Large, liquid blue-chip gold producer Component of seven globally-recognized indices 12 operating mines and 5 development projects: – 7 countries on 4 continents – 2004A pr
Slide 3: Proven and Probable Gold Reserves
BARRICK GOLD CORPORATION Merrill Lynch Global Metals, Mining & Steel Conference Amsterdam – May 10, 2005 Proven and Probable Gold Reserves (millions of ounces) 89 58% increase per share 38 1994 2004 (2) refer to final slide point #2 Other Metals 900+ 750+ million ounces million pounds silver contain
Slide 4: Mines and Projects / Total Cash Costs
BARRICK GOLD CORPORATION Merrill Lynch Global Metals, Mining & Steel Conference Amsterdam – May 10, 2005 NORTH AMERICA Eskay Creek Mines and Projects Hemlo 2005E PRODUCTION Marigold Goldstrike Round Mt. East Archimedes 53% 22% 18% SOUTH AMERICA EAST AFRICA 7% Lagunas Norte Tulawaka AUSTRALIA Pierina
Slide 5: Target Production Growth
BARRICK GOLD CORPORATION Merrill Lynch Global Metals, Mining & Steel Conference Amsterdam – May 10, 2005 Target Production Growth millions of ounces 6.8-7.0 Target CAGR 12% <1.5% 4.96 Barrick Peer Group 2004A 2007E Barrick’s New Mines Veladero, Lagunas Norte, Cowal and Tulawaka are all open-pit wi
Slide 6: Lagunas Norte – Alto Chicama District
BARRICK GOLD CORPORATION Merrill Lynch Global Metals, Mining & Steel Conference Amsterdam – May 10, 2005 PROJECTS IN CONSTRUCTION Lagunas Norte – Alto Chicama District First pour ahead of schedule; now expected mid-June 2005 Gold reserves: 9.1 million oz Gold resources: 0.4 million oz (Measured
Slide 7: Veladero – Frontera District, Argentina
BARRICK GOLD CORPORATION Merrill Lynch Global Metals, Mining & Steel Conference Amsterdam – May 10, 2005 PROJECTS IN CONSTRUCTION Veladero – Frontera District, Argentina First pour on schedule for Q4, 2005 Gold reserves: 12.8 million oz Gold resources: 0.4 million oz (Measured & Indicated) 1.0 m
Slide 8: Cowal – New South Wales, Australia
BARRICK GOLD CORPORATION Merrill Lynch Global Metals, Mining & Steel Conference Amsterdam – May 10, 2005 PROJECTS IN CONSTRUCTION Cowal – New South Wales, Australia First pour on schedule for Q1, 2006 Gold reserves: 2.5 million oz Gold resources: 1.6 million oz (Measured & Indicated) First ful
Slide 9: East Archimedes and Pascua-Lama Projects in Development
BARRICK GOLD CORPORATION Merrill Lynch Global Metals, Mining & Steel Conference Amsterdam – May 10, 2005 PROJECTS IN DEVELOPMENT East Archimedes – Nevada First pour targeted for mid-2007 Gold reserves: 1.0 million oz Gold resources: 0.2 million oz (Measured & Indicated) Construction capital es
Slide 10: Growth – Five Key Districts
BARRICK GOLD CORPORATION Merrill Lynch Global Metals, Mining & Steel Conference Amsterdam – May 10, 2005 Growth – Five Key Districts Russia / Central Asia Nevada $150 million investment in 2005 for exploration and corporate development Alto Chicama Lake Victoria Frontera 10
Slide 11: BARRICK GOLD CORPORATION Merrill Lynch Global Metals, Mining & Steel Conference Amsterdam – May
BARRICK GOLD CORPORATION Merrill Lynch Global Metals, Mining & Steel Conference Amsterdam – May 10, 2005 11
Slide 12: BARRICK GOLD CORPORATION Merrill Lynch Global Metals, Mining & Steel Conference Amsterdam – May
BARRICK GOLD CORPORATION Merrill Lynch Global Metals, Mining & Steel Conference Amsterdam – May 10, 2005 12
Slide 13: Top Five Reasons to Invest in Gold
BARRICK GOLD CORPORATION Merrill Lynch Global Metals, Mining & Steel Conference Amsterdam – May 10, 2005 Top Five Reasons to Invest in Gold Supply and demand fundamentals continue to be strong US dollar remains in long-term decline Long-term commodity inflation Investment and asset diversifi
Slide 14: The Case for Barrick
BARRICK GOLD CORPORATION Merrill Lynch Global Metals, Mining & Steel Conference Amsterdam – May 10, 2005 The Case for Barrick Large blue-chip company with significant growth in production and cash flow Growth driven by reserve replacement, development projects, exploration and strategic partners
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