Slide 1: Kibali leading the way on sustainable practices
Operated by Kibali leading the way on sustainable practices… Kinshasa, January 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: Barrick - Africa's largest gold producer
Barrick - Africa’s largest gold producer Focusing on Tier One and Jabal Sayid 50% Strategic Morila 40% SAUDI ARABIA A Tier One Barrick EGYPT Produced 151 million discovery, now sold Assets1 pounds in 2022 (100%) MALI SENEGAL Loulo-Gounkoto Kibali 45% 80% DRC MALI Tongon 89.7% A Tier One discovery… A
Slide 4: Kibali investment in the DRC exceeds $4.4 billion
Kibali investment in the DRC exceeds $4.4 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: 2022 Highlights
2022 Highlights… Kibali continued to maintain its Tier One production profile, with 750kozi produced in 2022 Continued progress on reserve replacement beyond depletion to maintain a +10yr life of mine as a Tier One operation Effective Q4 2022, Arthur Kabila was appointed as the first Congolese Gener
Slide 6: Health and Safety
Health and Safety… Safety LTIFR3 Kibali reduced its Total Recordable Incident Frequency Rate3 from 1.22 in 2021 to 7 0.98 in 2022 6 ISO 45001 audit was completed with no major non-conformances recorded 5 Journey to Zero Harm (J20H) program completed with 87% compliance to plan 4 3 Malaria 2 1 Malari
Slide 7: Kibali…a Tier One Operation
Kibali…a Tier One Operation Steady plant performance at Kibali as seen by the fourth consecutive quarter of improved plant throughput Plant Performance Delivered another solid performance this quarter, with a total of 216 (100% Basis) Kozi produced The step up in Open Pit Mining has seen an improvem
Slide 8: Building the exploration pipeline
Building the exploration pipeline… Step out drilling at Mengu Hill confirms continuity of the high-grade material 400m down plunge from the deepest holes in support of a potential 2021 Resource Pit underground (UG) opportunity 2021 Reserves Pit KibaliatOC The first diamond drill hole Reservestesting
Slide 9: Mengu Hill…Satellite UG opportunity
Mengu Hill…Satellite UG opportunity First step-out drill fence confirms high grade continues 400m down plunge NW SE Geology Plan Map Upper Fence 1 volcanoclastic First drill fence completed supporting looking NE domain (-/+50m) potential for a satellite UG project N Mineralisation hosted in folded B
Slide 10: Progress of KCD UG resource and reserves
Progress of KCD UG resource and reserves… SW NE 2023 drilling plan to convert inferred to SESSENGE KCD PIT indicated resources for PIT potential upgrade into reserves and to follow 11000 lode down-plunge in HPR zone 3000 and 5000 lodes still remain open down plunge with a continued focus on Haulage
Slide 11: Cost efficient operations with world class Hydroelectric Stations
Cost efficient operations with world class Hydroelectric Stations… Q4/22 hydroelectric power blend averaging at 96% reducing the impact of higher diesel prices plus a reduction in Kibali’s carbon footprint Generating on average a total of 39.22 MW power at an average cost of $0.044 kWh in the wet se
Slide 12: Kibali…conversion to clean energy
Kibali…conversion to clean energy Transition to Renewable Energy 2015 to 2017: Nzoro hydrostation 100% capacity of ~22MW, which increases hydro energy blend to ~55% 90% DIESEL SOLAR 80% 2017: Ambarau hydrostation online with ~11MW installed capacity 70% 60% 2018: Azambi hydrostation energized with ~
Slide 13: Taking sustainability to the next level
Taking sustainability to the next level…. Photovoltaic (PV) Power Plant Successfully completed studies with a solid business case to invest in a 17MW solar farm and a 15MW battery energy storage system Total investment of ~$50 million would allow us to increase our use of renewable energy by 12% Sup
Slide 14: Environmentally focused
Environmentally focused… Fresh water abstracted per tonne of Independent survey on aquatic ecosystems within all the surface 1.2 1.06 ore treated water ponds revealed good results especially at the main catchment 1.0 point 0.8 0.64 0.51 0.61 0.6 0.43 ISO 14001 certification maintained – following th
Slide 15: Biodiversity conservation
Biodiversity conservation… Rhino re-introduction to the Garamba National Park Holistic feasibility assessment complete – and project implementation recommended Overall plan: Re-introduction of 76 Southern White Rhinos to the Garamba National park over the next three years Plan for the capture of fir
Slide 16: Community development
Community development… Education/Capacity Building/Garamba Alliance Driving Sustainable Value through Local Partnerships Two modern schools constructed Ongoing partnership with USAID through Garamba Alliance for Partnerships for biodiversity with USAID ongoing sustainable development in the region A
Slide 17: Some of our achievements
Some of our achievements… Water point in Avokala Meeting with Aru Stakeholders, Forces Vives in New Year 2023 season’s greetings exchange ceremony Rungu with stakeholders around our operations Year end celebrations
Slide 18: 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 Kibali unveiled a former beneficiary of its bursary programme after the successful completion of Arts & Paintings studies (Academie des Beaux Arts) thr
Slide 19: 2023…The year ahead
2023…The year ahead Planned gold production in line with 2022 Continued focus on extending Kibali’s life of mine with world class exploration and resource conversion programmes Continue to explore for additional reserves to replace depletion Increased automation within our underground with the Multi
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. A Strategic Asset is an asset which
Slide 21: Appendix A – Kibali Significant Intercepts
Appendix A – Kibali Significant Interceptsi Interval (m) i. All intercepts calculated using a 0.5 g/t Au cutoff and are uncapped; minimum intercept width is 2 m; Target Hole IDii Northing Easting RL Azimuth Dip Width (miii) Au (g/t) internal dilution is equal to or less than 25% total width From To