Slide 1: Kibali delivers another stellar performance…
Operated by Kibali delivers another stellar performance… Kinshasa, January 2022
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 Barrick’s strategy, projects, plans, or future financial or operating performance, constitutes “forward-looking statements”. All statem
Slide 3: We are building a business for the long-term with sustainable future growth…
We are building a business for the long-term with sustainable future growth… Our vision is to be the world’s most valued gold mining business by finding, developing and operating the best assets with the best people to deliver the best returns, on a sustainable basis, to our owners and partners. We
Slide 4: Taking ESG to the next level…
Taking ESG to the next level… WE PRIORITISE THE PRIMACY OF LOCAL HIRING PARNERSHIPS AND BUYING We build the skills and We invest in real partnerships with mutual LICENCE capacity of host country workers and vendors to responsibility - we must be a trusted long term TO multiply our positive impact on
Slide 5: 2021 Highlights…
2021 Highlights… Kibali achieves production guidance producing 812,152ozi of gold in 2021 Set for reserve replacement net of depletion for third successive year, maintaining +10yr life of mine as a Tier 1 operation Dividend of $170 million paid to shareholders in Q4 - Barrick, AngloGold Ashanti and
Slide 6: 2021 Highlights…
2021 Highlights… $40.6 million spent with local contractors and suppliers in Q4, bringing the total since the start of Kibali to $2.1 billion $3.7 billion spent in the DRC in the form of taxes, permits, infrastructure, salaries and payments to local partners Launch of the “Garamba Alliance”, a joint
Slide 7: Continued steady performance in 2021…
Continued steady performance in 2021… Kibali… 900 Total Gold Producedi 800 700 600 Gold production of 812,152oz well within 2021 guidance 500 400 On track to replace mineral reserves net of depletion for 300 third successive year, 200 maintaining 10 year life of mine 100 0 2012 2013 2014 2015 2016 2
Slide 8: Further investment through capital projects…
Further investment through capital projects… Cyanide destruction plant Design works for the AZMET cyanide Cyanide destruction plant destruction plant commenced in Q4 and on track towards achieving our International Cyanide Management Institute (ICMI) accreditation Aim to further reduce cyanide conce
Slide 9: Health & Safety…
Health & Safety… Safety Zero Lost Time Injuries (LTI) recorded during Q4 2021 LTIFRi Lost Time Injury Frequency Rate (LTIFR)i in Q4 2021 of 0.00 consistent with 0.00 7 in Q4 2020 6 ISO 45001 re-certification by external audit 5 4 Journey to Zero Harm (J20H) implementation on site reduced safety inci
Slide 10: Environment and Bio-diversity projects…
Environment and Bio-diversity projects… Fresh water abstracted per tonne of ore m3 / tonne treated 1.25 Environment 1.00 ISO 14001 re-certification in November 2021 following external / 0.75 independent audits by NQA - Africa 0.50 Water recycling for operational needs achieved at 78.5% in 2021 0.25
Slide 11: Community…
Community… Stakeholder Engagement Celebration of World Food day - Food support provided to 500 elderly community members including orphans and prisoners in Durba and Watsa Discussions held with a variety of stakeholders regarding community development projects Education/Capacity Building Financial m
Slide 12: KCD UG…expected to deliver continued growth
KCD UG…expected to deliver continued growth Sessenge KCD Pit Pit Underground drilling defines new high grade 11000 Lode above base of shaft infrastructure 3000 Lode 5000 Lode 2021: 3000 Lode 9000 Lode Expected 11000 Lode Mineral Reserve Actual Development Extension Development Design 2021: 9000 Lode
Slide 13: Kibali 2021…potential open pit profile growth
Kibali 2021…potential open pit profile growth 2021 Mineral Reserve replacement expects continued 2021 Resource Pit growth of open pits to drive extended balance of OP & UG 2021 Reserves Pit Kibali OC Reserves profile with new pits expected to be added for: Exploration Target Ikamva Pamao-South; Oere
Slide 14: 2022…the year ahead
2022…the year ahead Continued exploration and resource conversion to extend LOM Continue to explore for additional reserves to replace depletion Continue with Congolese skills development to deliver more national managers and technicians Complete the Kalimva/Ikamva RAP Develop alternative economic p
Slide 15: Endnotes Technical Information
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. 2. A Strategic Asset is an asset whi