Barrick Mining Corporation · TSX:ABX
Barrick Mining — African Barrick Gold — Investor Day (September 2011)
14 slides from Barrick Mining's investor day presentation, Sep 7, 2011
Slide 1: African Barrick Gold – Greg Hawkins
BARRICK GOLD CORPORATION Investor Day – September 7, 2011 African Barrick Gold – Greg Hawkins Investor Day – September 7, 2011 1 CAUTIONARY STATEMENT ON FORWARD‐LOOKING INFORMATION Certain information contained in this presentation, including any information as to our strategy, projects, plans or fu
Slide 2: Key Strengths
BARRICK GOLD CORPORATION Investor Day – September 7, 2011 Key Strengths Established production base, with optimization Platform for opportunities, generating cash to fund growth African Largest primary gold producer on the LSE Growth Strong and focused management team 1.0 M oz Growth potenti
Slide 3: Overview of Assets
BARRICK GOLD CORPORATION Investor Day – September 7, 2011 Overview of Assets Four operating mines Four projects in feasibility One project in scoping North Mara One entering scoping in H2 Nyanzaga Gokona/Nyabigena U/G Nyabirama U/G Tulawaka Bulyanhulu Golden Ridge TANZANIA Buzwagi Bulyanhulu
Slide 4: Track Record of Adding Value
BARRICK GOLD CORPORATION Investor Day – September 7, 2011 Track Record of Adding Value Bulyanhulu – threefold increase in reserves to 11.0 M oz(1) since acquisition – mine life now in excess of 25 years Buzwagi – proved up 2.9 M oz reserve(1) from 2.1 M oz total resource(2) on acquisition Nort
Slide 5: Bulyanhulu Mining & Processing
BARRICK GOLD CORPORATION Investor Day – September 7, 2011 Bulyanhulu MINING & PROCESSING Mined using long hole Conventional gravity, flotation stoping method and CIL processing Mineralization Mi li ti associated i t d Copper/gold/silver C / ld/ il with steeply-dipping reefs concentrate produ
Slide 6: Bulyanhulu Adding Value
BARRICK GOLD CORPORATION Investor Day – September 7, 2011 Bulyanhulu ADDING VALUE Tailings Reprocessing Opportunity: incremental production increase Description: potential increase of existing CIL plant to 2.4 M tpa (6.5 K tpd) Next steps: feasibility study initiated results expected by initia
Slide 7: North Mara Overview
BARRICK GOLD CORPORATION Investor Day – September 7, 2011 North Mara MINING & PROCESSING 3 high grade open pits Conventional CIL process Several types of gold plant mineralization i li ti including i l di Gold G ld values l recovered d using i shear-zone-related quartz electrowinning vein an
Slide 8: North Mara CSR Initiatives
BARRICK GOLD CORPORATION Investor Day – September 7, 2011 North Mara ADDING VALUE Nyabirama Deeps Opportunity: potential f additional for dd l underground production(1) Description: U/G and layback ounces beneath Nyabirama pit Next steps: ongoing 37,000 meter drill Represents selected drill re
Slide 9: Buzwagi Overview
BARRICK GOLD CORPORATION Investor Day – September 7, 2011 Buzwagi OVERVIEW Large open pit gold mine with 13 year mine life ԟ 2010 reserves: 2.9 M oz(1) ԟ 2010 M&I resources: 0.6 M oz(1) ԟ 2010 inferred resources: 0.2 M oz(1) Entered production in May 2009 on time and budget 2010 reserve grade:
Slide 10: Tulawaka Overview
BARRICK GOLD CORPORATION Investor Day – September 7, 2011 Buzwagi ADDING VALUE Golden Ridge Opportunity: incremental production increase((1)) Description: open pit target 55km north of Buzwagi Next steps: finalize and review feasibility study, completion expected in Q4 2011 Expected start-up
Slide 11: Tulawaka Mining & Processing
BARRICK GOLD CORPORATION Investor Day – September 7, 2011 Tulawaka MINING & PROCESSING Underground mine beneath the Conventional gravity and completed pit; mined using CIL process plant narrow vein long hole stoping Produces P d gold ld doré d é through h h method electrowinning Quartz vein
Slide 12: CSR A Key Company Focus
BARRICK GOLD CORPORATION Investor Day – September 7, 2011 CSR A KEY COMPANY FOCUS Over 90% of our workforce is Tanzanian - ongoing commitment to localization with initiatives including: 87 students t d t tto undertake d t k our G Graduate d t T Training i i P Program b by year- end (at a cost of
Slide 13: Nyanzaga Project Overview
BARRICK GOLD CORPORATION Investor Day – September 7, 2011 Nyanzaga Project OVERVIEW Acquired Tusker Gold in May 2010, bringing ownership to 100% Over 50,000 meters of diamond and RC holes drilled in H1 2011(1) Open at depth and extended along strike Focus on extending Represents selected dri
Slide 14: Footnotes
BARRICK GOLD CORPORATION Investor Day – September 7, 2011 Footnotes 1. Total cash costs per ounce, total cash margin per ounce and EBITDA are non-GAAP financial measures. See page 26 of African Barrick Gold ’s Half Year Report 2011. 2. African Barrick Gold’s mineral reserves (“reserves”) and mineral