Barrick Mining Corporation · TSX:ABX

Barrick Mining — Barrick Gold — Smith Barney Citigroup 18th Annual Global Industrial Manufacturing Conference (March 2005)

12 slides from Barrick Mining's conference presentation, Mar 9, 2005

  1. Slide 1: Citigroup Presentation – Forward Looking Statement

    BARRICK GOLD CORPORATION Citigroup Presentation New York – March 9, 2005 FORWARD LOOKING STATEMENT Certain statements included herein, including those regarding production, costs, development schedules and other statements that express management’s expectations or estimates of our future performance

  2. Slide 2: Barrick Snapshot

    BARRICK GOLD CORPORATION Citigroup Presentation New York – March 9, 2005 Barrick Snapshot ƒ Large, liquid blue-chip gold producer ƒ Component of seven globally-recognized indices ƒ 11 operating mines and 6 development projects: – 7 countries on 4 continents – 2004A production: 5.0 Moz @ $212/oz (1)

  3. Slide 3: Gold Reserves and Contained Silver

    BARRICK GOLD CORPORATION Citigroup Presentation New York – March 9, 2005 Gold Reserves and Contained Silver ƒ Gold reserves: 89 M oz (proven & probable) (2) ƒ Gold resources: 20 M oz (measured & indicated) ƒ Gold resources: 14 M oz (inferred) millions of ounces 911 @ $5.50/oz silver (3) 826 815 835

  4. Slide 4: Total Cash Costs; Target Production Growth

    BARRICK GOLD CORPORATION Citigroup Presentation New York – March 9, 2005 Total 350 Cash Costs* GoldFields (US$ per ounce) 325 300 275 AngloGold Placer Dome 250 Newmont 225 Barrick 200 175 150 2000 2001 2002 2003 2004 2005E * 2005E are midpoints of company guidance. Target Production Growth millions

  5. Slide 5: Building Mines – Projects in Construction

    BARRICK GOLD CORPORATION Citigroup Presentation New York – March 9, 2005 Building Mines – Projects in Construction ƒ Veladero, Lagunas Norte, Cowal and Tulawaka are all open-pit with conventional technology Estimated Estimated Estimated Construction Avg. 3 full years Avg. 3 full years Reserves Capit

  6. Slide 6: Veladero – Frontera District, Argentina; Lagunas Norte – Alto Chicama District

    BARRICK GOLD CORPORATION Citigroup Presentation New York – March 9, 2005 PROJECTS IN CONSTRUCTION Veladero – Frontera District, Argentina Completed valley-fill leach embankment Primary crusher construction Mining in the open pit PROJECTS IN CONSTRUCTION Lagunas Norte – Alto Chicama District ƒ First

  7. Slide 7: Lagunas Norte – Alto Chicama District; East Archimedes – Nevada

    BARRICK GOLD CORPORATION Citigroup Presentation New York – March 9, 2005 PROJECTS IN CONSTRUCTION Lagunas Norte – Alto Chicama District Primary crusher Heavy equipment assembly Loading overliner material Process plant structural steel Secondary crusher PROJECTS IN DEVELOPMENT East Archimedes – Nevad

  8. Slide 8: Pascua-Lama - Frontera District, Chile/Argentina

    BARRICK GOLD CORPORATION Citigroup Presentation New York – March 9, 2005 PROJECTS IN DEVELOPMENT Pascua-Lama - Frontera District, Chile/Argentina ƒ Production targeted for 2009 ƒ Gold reserves: 17.6 million oz Gold resources: 2.8 million oz (Measured & Indicated) 1.6 million oz (Inferred) Silver con

  9. Slide 9: North Frontera District; Financial Resources

    BARRICK GOLD CORPORATION Citigroup Presentation New York – March 9, 2005 North Frontera District Pascua-Lama Cerro Pelado Pascua-Lama Process Plant C H I L E Target Cerro Veladero Colorado Target Veladero Crushing and Truck Shop A R G E N T I N A Process Plant Regalito Guanaco Target Zonzo Target Ve

  10. Slide 10: Exploration Strategy; Strategic Partnerships

    BARRICK GOLD CORPORATION Citigroup Presentation New York – March 9, 2005 Exploration Strategy (5) ƒ 2005 total exploration budget $120 million ƒ Targeting reserve additions at and near existing mines in 2005: $55 million ƒ 2005 exploration budget: $65 million on greenfields and districts ƒ Focus on

  11. Slide 11: Top Five Reasons to Invest in Gold; The Case for Barrick

    BARRICK GOLD CORPORATION Citigroup Presentation New York – March 9, 2005 Top Five Reasons to Invest in Gold ƒ Supply and demand fundamentals continue to be strong ƒ US dollar remains in long-term decline ƒ Long-term commodity inflation ƒ Investment and asset diversification ƒ Easier and more efficie

  12. Slide 12: Footnotes

    BARRICK GOLD CORPORATION Citigroup Presentation New York – March 9, 2005 FOOTNOTES 1. For an explanation of non-GAAP performance measures, refer to pages 38 and 40-41 of Management’s Discussion and Analysis found in the Year-End Report 2004. 2. Based on reserves calculated as at December 31, 2004 us

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