Slide 1: Kibali leads the way on sustainable initiatives
Operated by Kibali leads the way on sustainable initiatives… Kinshasa, July 2023
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, o
Slide 3: Global Gold Producing Countries 2021
0 50 100 150 200 250 300 350 China Russia Australia Tonnes Gold Canada United States Ghana Peru Mexico Indonesia South Africa World Gold Production Uzbekistan Burkina faso Mali Brazil Sudan DRC Barrick – countries of gold production Columbia Guinea Zimbabawe Bolivia Tanzania Cote d'Ivoire Papua New
Slide 4: Barrick Operates on 4 Continents in 18 Countries
Barrick Operates on 4 Continents in 18 Countries Geographical distribution of Barrick’s 2022 gold Donlin production (50%) CANADA Loulo- Gounkoto Phoenix (61.5%) Hemlo 80% USA NGM (61.5%) 100% Turquoise Ridge EGYPT PAKISTAN Carlin DOMINICAN Pueblo Viejo Reko Diq 50% JAPAN Cortez incl Goldrush REP 60%
Slide 5: Top Gold Mines in the World
Top Gold Mines in the World… Koz World’s top 10 largest gold mines in 2022 by production 2000 5 of the top 1800 10 gold mines 2022 Au production 2021 Au production in the world 1600 are operated 1400 by Barrick – 1200 two of them in 1000 Africa 800 600 400 200 0 Grasberg Muruntau Carlin Olimpiada Bo
Slide 6: Economic Contributions
Economic Contributions… OPENED UP ECONOMY IN 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 Poured first AngloGold sell their
Slide 7: Q2 2023 Highlights
Q2 2023 Highlights… Kibali on track to achieve year end production guidance 16 white rhinos successfully reintroduced to Garamba National Park 16 MW solar farm project on track with site location finalised and ESIA underway – expected to increase renewable energy supply from 79% to 88% with potentia
Slide 8: Journey to Zero
Journey to Zero… In March we reset our safety program and renamed it Journey to Zero The key focus over the last quarter has been on reinforcing the Responsibility to Stop Unsafe Work Both the Responsibility to Stop Unsafe Work and Our Safety Roadmap have been presented by the site Management team t
Slide 9: Health and Safety
Health and Safety… Safety LTIFR3 7 Journey to Zero program implementation continues including contractors to ensure alignment of 6 DNA safety core value 5 Road traffic compliance conducted through roadblocks checking for seat belts, prestart checks 4 and vehicle roadworthy compliance 3 Alcohol tests
Slide 10: Production
Production… Processing Tonnes per day Processing Recovery % 2.5 100 2,000 tpd average throughput achieved in Q2 Targeting improved recoveries while maintaining 2.0 95 throughput, with further enhancements expected with 90 the commissioning of the Cyanide Recovery Plant in 1.5 addition to cyanide red
Slide 11: Power Generation
Power Generation… Q2 2023 hydroelectric power blend averaging 79% - improved during wet season reducing diesel consumption and runtime Generating an average of 39.19 MW power at an average cost of 0.034 $/kWh Kibali power generation $/kWh 40 0.30 TOTAL POWER GENERATION (MW) 35 0.25 30 0.20 25 20 0.1
Slide 12: Kibali…Powering our Green Agenda
Kibali…Powering our Green Agenda Transition to Renewable Energy 100% 90% 2015 to 2017: Nzoro hydrostation capacity of ~22 DIESEL SOLAR MW, increasing hydro energy blend to ~55% 80% 2017: Ambarau hydrostation online with ~11MW 70% installed capacity 60% 2018: Azambi hydrostation energized with ~11MW
Slide 13: Exploration…Securing the Future of Kibali
Exploration…Securing the Future of Kibali Framework drilling starts to generate KZ trend high impact targets NW of KCD and Ikamva Kibali Project builds geological architecture between Kalimva KCD-GOR-ARK N KZ North N Drilling in progress at Mengu Hill and Oere confirms Mengu Main shoot geology KZ No
Slide 14: Environmentally focussed
Environmentally focussed… Fresh water abstracted per tonne ISO 14001 certification maintained – all previous external audit 1.2 of ore treated 1.0 findings addressed 0.8 Environmental objectives for 2023 on track 0.6 0.4 Initiatives to reduce freshwater abstraction from Kibali River 0.2 continued: a
Slide 15: Biodiversity conservation
Biodiversity conservation…Barrick facilitates and sponsors Rhino re-introduction to the Garamba National Park As recently as 1960 the white rhino population in Garamba park was 1,300 1,000 horns were transported from Faradje to Mombasa between 1963 and 1966 The last rhino sighting in the Garamba Par
Slide 16: Community development
Community development… Education/Capacity Building/Garamba Alliance Driving Sustainable Value through Local Partnerships State Exam fees paid to 2,275 Students: 1,267 boys and 1,008 Ongoing partnership with USAID through Garamba Alliance for girls sustainable development in the region. Partnersh
Slide 17: Community development…our achievements
Community development…our achievements Women Training on domestic Kit Prototype (aquaponics) Youth Sport activities Ever expanding Durba – concrete road Nzopi modern Market
Slide 18: Local commitment
Local commitment… Key Achievements Ongoing Initiatives Ongoing civil construction and roadworks performed by Congolese Onboarding new local partners contractors (Traminco, IOB) A new fuel partner Camp maintenance done with a local company, DCMS A new partner to supply certain reagents Kibali caterin
Slide 19: Commitment to Employment of Nationals
Commitment to Employment of Nationals… National Casuals & Interns 160 (2%) Expat Expatriates: Expat Contractors Employees 162 (2%) (352) 5% 190 (3%) National Employees 1,838 (28%) Nationals: National Contractors (6,134) 95% 4,136 (64%)
Slide 20: 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. Historical estimate as of Decembe