Slide 1: Mali: 25 years of delivering value to Mali
Mali 25 years of delivering value to Mali… Media briefing…July 2022 1
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 Barrick’s strategy, projects, plans, or future financial or operating performance, constitutes “forward-looking statements”. All state
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 152 million discovery, now sold Assets1 pounds in 2021 (100%) MALI SENEGAL Loulo-Gounkoto Kibali 45% 80% DRC MALI Tongon 89.7% A Tier One discovery… 2
Slide 4: Barrick (Randgold) contribution to Mali economy
Barrick (Randgold)…contribution to Mali economy Loulo, Gounkoto and Morila mines have contributed to between 5% and 10% of the Malian GDP over the last 10 years Barrick/Randgold operations have contributed approximately US$8.5 billion to the Malian economy in the form of taxes, royalties, salaries a
Slide 5: Barrick contribution to Mali economy
Barrick…contribution to Mali economy In the first half of 2022, Barrick has contributed $337 million to the Malian economy in the form of taxes, royalties, dividends, salaries and payments to local suppliers, taking the lifetime contribution of Barrick, previously Randgold, to $8.5 billion Dividends
Slide 6: Q2 2022 Achievements
Q2 2022 Achievements… No LTI or Class 1 environmental incidents recorded during Q22 Loulo-Gounkoto Complex is on track to meet 2022 production guidance with our robust supply chain and strong partnerships delivering their value despite ECOWAS sanctions Continue to invest in replacing our reserve bas
Slide 7: Safety, Health and Environment
Safety, Health and Environment… LTIFRi/Million Hours Worked Safety 1.40 Mines continue to retain ISO 45001:2018 Safety Management 1.20 System certification 1.00 Proactive management of health and safety risks under strong 0.80 safety leadership, aimed to decrease injury rate at all mine sites 0.60 E
Slide 8: Loulo-Gounkoto Complex Operational
Loulo-Gounkoto Complex…Operational Loulo-Gounkoto Complex Gold Production koz (100%) Remains on track to deliver on 2022 production 800 guidance and build on historically consistent production 700 with a solid long-term outlook 600 500 Successful replacement of mined ounces since 2018 400 maintains
Slide 9: Loulo District key structures demonstrate further discovery potential
Loulo District…key structures demonstrate further discovery potential Loulo Permit Yalea Ridge Bambadji JV Major gold system emerging on edge of Faleme Located on a parallel structure to the Yalea Structure that hosts the Yalea, Loulo 3 Batholith and Loulo 2 ore bodies A complex vein hosted minerali
Slide 10: Loulo-Gounkoto A Local Strategy
Loulo-Gounkoto…A Local Strategy Employees 100% Malian management team continues to set leading example Total Employees: 5,883 Nationals: 5,608 (95%) Focus on development of national employees – 95% of Community: 1,257 workforce Expats: 275 (5%) Local development focus including successful training a
Slide 11: Loulo-Gounkoto Local Partners
Loulo-Gounkoto…Local Partners Local Partners Year to date, a total of $173 million was spent on local suppliers and contractors We continue to promote local Malian companies and recently created an all-Malian Joint Venture with EGTF and ETASI to mine Gara West open pit and have included both EGTF an
Slide 12: Loulo-Gounkoto CSR - governance and stakeholder engagement
Loulo-Gounkoto CSR - governance and stakeholder engagement…>$15.6m invested to date; $56.9m patent paid Potable water 63 boreholes and 25 water supply systems constructed Regular water quality analysis with annual feedback sessions held in villages Establishment of water management committees in vil
Slide 13: Case Study Agribusiness
Case Study…Agribusiness Capital of $2.2 million over 5 years funded by Loulo-Gounkoto Accommodation, classrooms, Infrastructure conference room, fishponds, (Centre) 1 centre and 5 incubation farms constructed poultry, admin, canteen Co-managed with communities 5 farms x 5ha specialising in cattle 16
Slide 14: Environmentally focused
Environmentally focused… Tree planting ceremony held with authorities, local community, technical services as part of events for national environmental days 150ha targeted for rehabilitation with 23,000 trees to be planted in 2022 Waste recycling business started with Tree plant ceremony launch Tree
Slide 15: Mali Solar contributing to meeting Barrick's GHG Targets
Mali Solar contributing to meeting Barrick’s GHG Targets… Group GHG Reduction Roadmap: Loulo-Gounkoto accounts for 5% of Group’s total emissions (351,726 t CO2e in 2021) Of these emissions, power generation accounts for 74% of GHG emissions. There is no national grid option for power in Mali 20 MW s
Slide 16: Illegal mining damaging the environment
Illegal mining…damaging the environment Update Illegal mining continued to have a negative impacts on environment Faleme riverbed silting – high rehabilitation cost Engagement continues with local and national authorities Baboto Pit 16
Slide 17: 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 18: Appendix A – Bambadji Significant Intercept Table
Appendix A – Bambadji Significant Intercept Tablei Bambadji Significant Drill Interceptsi i. All intercepts calculated using a 0.5 g/t Au cutoff and are uncapped; minimum intercept width is 2m; Drill Results from Q1 2022 internal dilution is equal to or less than 2m total width. Including Width ii.