Slide 1: Kibali continues to unlock value as we grow our future together
Operated by Kibali continues to unlock value as we grow our future together…. Kinshasa, October 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 our strategy, projects, plans or future financial or operating performance, constitutes “forward-looking statements”. All statements,
Slide 3: 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
Slide 4: Kibali investment in the DRC exceeds $4.2 billion
Kibali investment in the DRC exceeds $4.2 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
Slide 5: Q3 update
Q3 update… Delivering on the 2022 business plan Arthur Kabila appointed as first Congolese general manager at Kibali Continued progress on reserve replacement beyond depletion to maintain a +10yr life of mine as a Tier One operation Lode 11’000 continues to deliver promising results and shows potent
Slide 6: Health and safety
Health and safety… Safety LTIFR4 2 lost time injuries (LTI) recorded for the quarter 7 Investigations conducted and preventive measures put in place 6 Kibali had a significant reduction in its Total Recordable Incident Frequency Rate 5 (TRIFR4) of 1.13 compared to 1.88 for the same period in 2021 4
Slide 7: Kibali a Tier One operation
Kibali…a Tier One operation Performance (100% Basis) Underground Ounce Performance Improved delivery for third consecutive quarter from underground (100% Basis) operations, with ~155 koz mined 160,000 Plant throughput improved by 15% from Q1 2022 to Q3 2022 at 150,000 140,000 1,996kt processed in Q3
Slide 8: Expanding the exploration pipeline
Expanding the exploration pipeline… Ongoing drilling at Mengu Hill down plunge for UG opportunity is intersecting lithology and mineralized system as projected 2021 Resource Pit 2021 Reserves Pit Drilling to test high-grade mineralization down plunge at Agbarabo and Rhino has commenced for UG op
Slide 9: Kibali 11 000 Lode continues to provide growth
Kibali…11 000 Lode continues to provide growth SW NE Underground operations extended by two additional years with Lode 11 000 Sessenge KCD Pit that continues to deliver promising Pit results Lodes 3000, 5000 and 11 000 still remain open down plunge with a continued focus on drilling programmes to un
Slide 10: Kibali upcoming rock winder mechanical upgrade
Kibali…upcoming rock winder mechanical upgrade Scheduled the rock winder upgrades during Q4 2022 with operational readiness in 21 days starting from October 13, 2022 on track Upgrades secure consistent ore delivery as we continue to grow our underground operations Transition of shrinkage cracks Pini
Slide 11: Cost efficient operations with world class hydroelectric stations
Cost efficient operations with world class hydroelectric stations… Total Power Generation MW 40 0.30 35 0.25 30 0.20 25 20 0.15 15 0.10 Q3 hydroelectric power blend 10 averaging at 87%, reducing the 0.05 impact of higher diesel prices 5 including a reduction in Kibali’s 0 - carbon footprint Sep-18 S
Slide 12: Environmentally focused
Environmentally focused… Regular in-house aquatic monitoring within all the surface water Fresh water abstracted per tonne of 1.2 ponds at the mine – especially where operations effluent is revealing ore treated 1.0 a high fish population 0.8 ISO 14001 certification maintained – internal audit was c
Slide 13: Investing in the future of Africa's biodiversity
Investing in the future of Africa’s biodiversity… Revised and final outline plan released for the reintroduction of white rhino into the Garamba National Park The plan envisages the relocation of 76 white rhinos to Garamba - critical in the long-term plan to protect this endangered species This proc
Slide 14: Community development
Community development… Stakeholder Engagement Kokiza Catholic Church (2,500 seats) handover and commitment to assist with future church maintenance Ongoing engagement with different stakeholders Education/Capacity building/Garamba alliance Partnerships for biodiversity conservation ongoing Two moder
Slide 15: Some of our achievements
Some of our achievements… Investing in the youth (Bursary program) Official launch of the steering committee for the Soccer tournament and our workforce community development fund by the Minister of Mines
Slide 16: Growing our future through investing in education
Growing our future through investing in education… Continued investment in training and upskilling of young talent in and around our local community Focused on multi-skilling our workforce across different disciplines such as Mining, Geology, Chemistry and Metallurgy In 2022, Kibali offered a total
Slide 17: 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. 2. On March 20, 2022, Barrick and th