Barrick Mining Corporation · TSX:ABX

Barrick Mining — Barrick Gold — Q3 2004 Earnings Presentation

10 slides from Barrick Mining's earnings presentation, Oct 26, 2004

  1. Slide 1: Third Quarter Results Conference Call

    BARRICK GOLD CORPORATION Third Quarter Results Conference Call October 26, 2004 Third Quarter Results – October 26, 2004 FORWARD LOOKING STATEMENT Certain statements included herein, including those regarding production, costs, development schedules and other statements that express management’s exp

  2. Slide 2: Investor Update – Third Quarter Results

    BARRICK GOLD CORPORATION Third Quarter Results Conference Call October 26, 2004 Investor Update – Third Quarter Results ƒ Operating performance in line with plan ƒ Earnings benefit from higher gold price ƒ Development projects on target to meet scheduled completion dates ƒ Decision to proceed with E

  3. Slide 3: Sustainable gold price rally

    BARRICK GOLD CORPORATION Third Quarter Results Conference Call October 26, 2004 Investor Update – Third Quarter Results 425 Sustainable gold price rally 400 375 350 325 300 275 2002 2003 2004 Investor Update – Third Quarter Results 2 South African Rand 1.8 1.6 Australian Dollar Spot Gold 1.4 Canadia

  4. Slide 4: Industry-wide Inflationary Cost Pressures

    BARRICK GOLD CORPORATION Third Quarter Results Conference Call October 26, 2004 Industry-wide Inflationary Cost Pressures ƒ Cost pressures due to rising consumable costs: – Steel – Concrete – Explosives – Tires – Crude oil – Propane Barrick Management’s Track Record Cost Mitigation Efforts ƒ Currenc

  5. Slide 5: Tulawaka – Prestripping; Cowal – Construction of the Bund Wall

    BARRICK GOLD CORPORATION Third Quarter Results Conference Call October 26, 2004 Tulawaka – Prestripping Cowal – Construction of the Bund Wall 5

  6. Slide 6: Lagunas Norte – Leach Pad Liner and Crushing

    BARRICK GOLD CORPORATION Third Quarter Results Conference Call October 26, 2004 Lagunas Norte – Leach Pad Liner Lagunas Norte – Crushing 6

  7. Slide 7: Veladero – Progress in the Open Pit; Camp Completed

    BARRICK GOLD CORPORATION Third Quarter Results Conference Call October 26, 2004 Veladero – Progress in the Open Pit Veladero – Camp Completed 7

  8. Slide 8: Veladero Project – Argentina

    BARRICK GOLD CORPORATION Third Quarter Results Conference Call October 26, 2004 Veladero Project – Argentina Cost Pressures ƒ Winter operations ƒ Price escalation ƒ Permitting ƒ Scope changes Investor Update – Third Quarter Results ƒ Q3 production: 1.23 million ounces ƒ Q3 total cash costs: $218 per

  9. Slide 9: Investor Update – Third Quarter Results

    BARRICK GOLD CORPORATION Third Quarter Results Conference Call October 26, 2004 Investor Update – Third Quarter Results ƒ Q3 earnings: $32 million ƒ Q3 earnings per share: 6¢ ƒ Q3 realized gold price: $395 per ounce ƒ Q3 hedge reduction: 200,000 ounces ƒ Hedge program: 13.7 Moz outstanding (16% of r

  10. Slide 10: The Case for Barrick

    BARRICK GOLD CORPORATION Third Quarter Results Conference Call October 26, 2004 The Case for Barrick ƒ Organizational focus on execution and delivery of 2004-2007 target growth plan ƒ Strong development project pipeline brings unrivaled growth profile and lowest total cash costs of the major gold pr

Barrick Gold — Q3 2004 Earnings Presentation on 6ix