Barrick Mining Corporation · TSX:ABX
Barrick Mining — Barrick Gold — Macquarie Gold Rush 2006
12 slides from Barrick Mining's conference presentation, Jun 1, 2006
Slide 1: Delivering Value … From Assets, People & Projects
BARRICK GOLD CORPORATION Macquarie – Gold Rush 2006 Sydney – June 1, 2006 Delivering Value … From Assets, People & Projects June 1, 2006 Important Information CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION Certain information contained or incorporated by reference in this presentation, includin
Slide 2: Current Snapshot and Recent Highlights
BARRICK GOLD CORPORATION Macquarie – Gold Rush 2006 Sydney – June 1, 2006 Barrick Gold Corporation Current Snapshot Large, liquid blue-chip gold producer Largest gold reserves in the industry 27 operating mines and 4 development projects – 10 countries on 5 continents – 2006E outlook: 8.6-8.9M
Slide 3: 2005 Performance and 2006 First Quarter Performance
BARRICK GOLD CORPORATION Macquarie – Gold Rush 2006 Sydney – June 1, 2006 2005 Performance Production Cash Costs Net Income Cash Flow ounces millions dollars / ounce dollars millions dollars millions 726 5.46 214 227 401 4.96 509 248 2004 2005 2004 2005 2004 2005 2004 2005 2006 First Quarter Perform
Slide 4: Four New Mines, Two Discoveries
BARRICK GOLD CORPORATION Macquarie – Gold Rush 2006 Sydney – June 1, 2006 Four New Mines Tulawaka, Tanzania Lagunas Norte, Peru Veladero, Argentina Cowal, Australia Two Discoveries South Arturo, Nevada Nyanzaga, Tanzania 4
Slide 5: Placer Dome Acquisition; Strength, Breadth and Scale
BARRICK GOLD CORPORATION Macquarie – Gold Rush 2006 Sydney – June 1, 2006 Placer Dome Acquisition Successfully completed $10.0 billion acquisition – 12 operating mines – 3 major projects – 50 million ounces of gold reserves – 6.2 billion pounds of copper reserves Issued 322.8 million new Barrick
Slide 6: Metals Portfolio; Value Creation for Shareholders
BARRICK GOLD CORPORATION Macquarie – Gold Rush 2006 Sydney – June 1, 2006 Metals Portfolio as at December 31, 2005 Relative In-Situ Value Gold 139 million ounces (2)(3) 82% 9% Silver 933 million ounces (4) Copper 6.2 billion pounds (3) 9% (2) refer to final slide point #2 (3) refer to final slide po
Slide 7: North America and South America
BARRICK GOLD CORPORATION Macquarie – Gold Rush 2006 Sydney – June 1, 2006 North America Donlin Creek P&P reserves: 44.4 Moz M&I resources: 23.4 Moz Eskay Creek CANADA Hemlo Goldstrike Golden Sunlight Turquoise Ridge Marigold Bald Mountain Cortez UNITED STATES Cortez Hills Round Mountain East Arc
Slide 8: Australia Pacific and Africa
BARRICK GOLD CORPORATION Macquarie – Gold Rush 2006 Sydney – June 1, 2006 Australia Pacific P&P reserves: 20.7 Moz M&I resources: 10.8 Moz Porgera PNG AUSTRALIA Osborne Plutonic Lawlers Darlot Granny Smith Kanowna Kalgoorlie Cowal Henty TASMANIA Mines Projects Africa P&P reserves: 32.4 Moz M
Slide 9: Exploration Update and Top Exploration Projects
BARRICK GOLD CORPORATION Macquarie – Gold Rush 2006 Sydney – June 1, 2006 Exploration Update (5) Discovery-driven culture Consistent investment in exploration Acquisition of Placer Dome brings significant opportunities and synergies 2006 Exploration Budget: $150 - $170 million – Approximatel
Slide 10: Financial Strength and Hedge Book Reduction
BARRICK GOLD CORPORATION Macquarie – Gold Rush 2006 Sydney – June 1, 2006 Financial Strength Market capitalization: $26 billion Strongest credit rating in the industry Cash position: $1.2 billion Significant cash flow generating ability Financial strength to develop projects on a global sc
Slide 11: Positioning for Rising Prices
BARRICK GOLD CORPORATION Macquarie – Gold Rush 2006 Sydney – June 1, 2006 Positioning for Rising Prices Gold $687/oz 139 million oz. Placer Dome bid 4 new mines approved Pascua-Lama approval No-hedge policy Share buyback 03 06 Positioning for Rising Prices Gold $687/oz Silver $13.19/oz Copper $3.74/
Slide 12: The Case for Barrick
BARRICK GOLD CORPORATION Macquarie – Gold Rush 2006 Sydney – June 1, 2006 The Case for Barrick Strength, breadth and scale World-class portfolio of mines with strong strategic fit Experienced management team with proven track record Unrivalled exploration and development pipeline Strong fi