Barrick Mining Corporation · TSX:ABX
Barrick Mining — Barrick Gold — Diggers & Dealers Mining Forum 2005
15 slides from Barrick Mining's conference presentation, Aug 10, 2005
Slide 1: Barrick Gold Corporation – Diggers and Dealers
BARRICK GOLD CORPORATION Diggers and Dealers – Kalgoorlie, Australia August 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 estimates of our future
Slide 2: Barrick Snapshot
BARRICK GOLD CORPORATION Diggers and Dealers – Kalgoorlie, Australia August 10, 2005 Barrick Snapshot Large, liquid blue-chip gold producer Component of seven globally-recognized indices 13 operating mines and 4 development projects: – 7 countries on 4 continents – 2004A production: 5.0 Moz @
Slide 3: Other Metals
BARRICK GOLD CORPORATION Diggers and Dealers – Kalgoorlie, Australia August 10, 2005 Other Metals 900+ 750+ million ounces million pounds silver contained contained nickel* in gold reserves (inferred resource) 2004 2004 * Barrick’s 50% share NORTH AMERICA Eskay Creek Mines and Projects Hemlo 2005E P
Slide 4: Goldstrike – Nevada
BARRICK GOLD CORPORATION Diggers and Dealers – Kalgoorlie, Australia August 10, 2005 Goldstrike – Nevada Betze-Post Pit Roaster Underground Headframe Industry-Wide Cost Pressures Cost Mitigation Strategy Continuous improvement initiatives Supply chain management improvements – better strategic p
Slide 5: Target Production Growth
BARRICK GOLD CORPORATION Diggers and Dealers – Kalgoorlie, Australia August 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 with conventional tech
Slide 6: Tulawaka – Lake Victoria District, Tanzania
BARRICK GOLD CORPORATION Diggers and Dealers – Kalgoorlie, Australia August 10, 2005 Tulawaka – Lake Victoria District, Tanzania Lagunas Norte – Alto Chicama District 6
Slide 7: Lagunas Norte – Alto Chicama District
BARRICK GOLD CORPORATION Diggers and Dealers – Kalgoorlie, Australia August 10, 2005 Lagunas Norte – Alto Chicama District Lagunas Norte – Alto Chicama District 7
Slide 8: Veladero – Frontera District, Argentina
BARRICK GOLD CORPORATION Diggers and Dealers – Kalgoorlie, Australia August 10, 2005 Veladero – Frontera District, Argentina Veladero – Frontera District, Argentina 8
Slide 9: Cowal – New South Wales, Australia
BARRICK GOLD CORPORATION Diggers and Dealers – Kalgoorlie, Australia August 10, 2005 Veladero – Frontera District, Argentina Cowal – New South Wales, Australia 9
Slide 10: Barrick's Development Projects
BARRICK GOLD CORPORATION Diggers and Dealers – Kalgoorlie, Australia August 10, 2005 Cowal – New South Wales, Australia Barrick’s Development Projects Decisions made in 2004 to proceed with Pascua-Lama and East Archimedes projects Pascua-Lama is key component of reserves and future production pr
Slide 11: Growth – Five Key Districts
BARRICK GOLD CORPORATION Diggers and Dealers – Kalgoorlie, Australia August 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 OREGON Nevada – Key Assets Humboldt River Gold
Slide 12: Frontera District – Key Assets
BARRICK GOLD CORPORATION Diggers and Dealers – Kalgoorlie, Australia August 10, 2005 A T A C A M A R E G I O N Frontera District – Key Assets Pascua-Lama Veladero Guanaco Zonzo target Regalito target Vallenar Prospects S A N J U A N Pascua-Lama P R O V I N C E Veladero La Serena Bañitos target El In
Slide 13: Australian Exploration; Financial Resources
BARRICK GOLD CORPORATION Diggers and Dealers – Kalgoorlie, Australia August 10, 2005 Australian Exploration NW Telfer Yeneena Northern Western Territory Plutonic Australia Queensland Lawlers Darlot Southern Australia Kalgoorlie Shea & Feysville S. Marloo New South Wales Perth Zuleika South Cowal Vic
Slide 14: The Case for Gold
BARRICK GOLD CORPORATION Diggers and Dealers – Kalgoorlie, Australia August 10, 2005 The Case for Gold Supply and demand fundamentals continue to be strong US dollar remains in long-term decline Long-term commodity inflation Investment and asset diversification Easier and more efficient to
Slide 15: Footnotes
BARRICK GOLD CORPORATION Diggers and Dealers – Kalgoorlie, Australia August 10, 2005 FOOTNOTES 1. For an explanation of non-GAAP performance measures, refer to pages 67 - 69 of Management’s Discussion and Analysis found in the Annual Report 2004. During the second quarter 2005, Barrick adopted a new