Slide 1: Mali: Delivering value through strong local partnerships
Mali Delivering value through strong local partnerships Media briefing…April 2021 1
Slide 2: Cautionary Statement on Forward Looking Information
Cautionary Statement on Forward Looking Information… Certain information contained in this presentation, including any information as to Barrick’s strategy, plans, or future financial or operating performance, constitutes “forward- looking statements”. All statements, other than statements of histor
Slide 3: Our Global Business
Our Global Business… In April 2020, Porgera was placed on care and maintenance. Porgera’s ownership is subject to change pursuant to the Framework Agreement signed with the government of Papua New Guinea on April 9, 2021
Slide 4: Delivering on Q1 business plan
Delivering on Q1 business plan… Strong first quarter production performance of 193koz and remains on track to achieve full-year guidancei Operations largely unaffected by the Covid-19 “third wave” as site protocols and discipline held true Covid-19 testing and care capacities upgraded with new PCR m
Slide 5: Safety, health and environment… Loulo-Gounkoto Complex Q1-2021
Safety, health and environment… Loulo-Gounkoto Complex LTIFRi/Million Hours Worked 1.40 Safety 1.20 1 LTIi recorded in Q1 with contracting company at Loulo 1.00 0.80 Mines retain ISO 45001:2018 Safety Management System 0.60 certification 0.40 Proactive management of health and safety risks under str
Slide 6: Safety, health and environment… Loulo-Gounkoto Complex
Safety, health and environment… Loulo-Gounkoto Complex HIV Positivity Rate HIV 2.0 Collaboration with local NGOs working in the surrounding villages in empowering community people with HIV education and HIV 1.5 preventive program execution 1.0 Preventative actions include mass sensitization and dist
Slide 7: Loulo UG development and mining
Loulo UG development and mining… UG Ore Tonnes – Q1 2021i Development Tonnes Development Tonnes (000) Stopes Tonnes Stope Tonnes 670Kt ore tonnesi achieved during Q1 2021 300 Consistent quarterly production from UG 250 16 Lateral development of 3.4kmi achieved during Q1 2021 200 50 Focus on operator
Slide 8: Gounkoto underground project
Gounkoto underground project… Key Highlights Gounkoto underground development of 827mi in Q1 Infrastructure, construction and equipment delivery on plan Delivery of first ore in Q2 2021 Underground life extended through optimization of existing feasibility study Development Metersi MARCH March Febru
Slide 9: Gounkoto open pit
Gounkoto open piti… 186Kt ore mined in Q1 Ore Tonnes Mined 2021 120 Good excavator and truck availabilities provides opportunity to mine more in MZ2 and MZ1 100 Waste stripping Thousands 80 10,391Kt mined in Q1 with significant soft material mined during 60 past three months 40 Mining operations ali
Slide 10: Loulo District: A World Class Destination
Loulo District: A World Class Destination… Loulo Permit: Scout drilling confirms extension of Transfer Gounkoto Permit: Zone shoot 660m south of 2019 block model Initial framework drilling at Mina Scout drilling at Yalea Ridge North continues to confirms potential for a Faraba-style confirm system p
Slide 11: Yalea Transfer Zone drilling continues to extend system to south
Yalea Transfer Zone…drilling continues to extend system to south Scout drilling confirms extension of system 660m south of 2019 block model (i.e YDH300) Infill drilling currently underway to better define higher grade shoot trends Plans to continue infill drilling around Transfer Zone Extension, tes
Slide 12: Loulo-Gounkoto development of local skills
Loulo-Gounkoto… development of local skills Total Employeesi: 5,539 Contractors Nationals: 5,297 (96%) Expats Expats: 242 (4%) 116 (2%) Mine Mine Nationals Permanent Expats 1,670 (30%) 126 (2%) Contractors Temporary Nationals Nationals 3,159 (57%) 468 (8%) 17 i Totals may not add due to rounding
Slide 13: Barrick contribution to Mali economy
Barrick...contribution to Mali economy Barrick/Randgold operations have contributed approximately US$ 7.7 billion to the Malian economy in the form of taxes, royalties, salaries and payments to local suppliers in the last 24 years Gounkoto Loulo US$ 1.1 Bn US$ 4.3 Bn Morila US$ 2.3 Bn
Slide 14: Dividends, Taxes and Royalties paid to Mali
Dividends, Taxes and Royalties paid to Mali... Barrick/Randgold operated mines have paid approximately US$ 3 billion in the form of Dividends, Taxes and Royalties to the State over 24 years Dividends to Barrick US$ 1.2 billion Dividends, taxes and royalties to the State US$ 3 billion
Slide 15: Accelerator (Acc) program
Accelerator (Acc) program… Implemented during past 8 months to promote and expand local businesses 63% of participating companies have since diversified their revenue streams expanding to other mines and multiple industries Collaboration between the companies led to the formation of a consortium of
Slide 16: Accelerator program
Accelerator program… Job creation and employee management 90% 52 jobs created: (27 permanent & 25 non-permanent) 85% 88% 80% Up to 68,100,000 XOF budgeted (by 7 companies) for staff 75% training 70% 75% 75% 75% 65% HAVE Have CREATED created sSET Set employee SETup Set UP HAVE Have SET set budget NEW
Slide 17: Loulo-Gounkoto CSR - governance and stakeholder engagement
Loulo-Gounkoto CSR - governance and stakeholder engagement… >$13m invested; $40.5m patente tax paidi Potable water 61 boreholes and 7 water supply systems constructed Regular water quality analysis Village water management committee training and assistance Health 5 health centres built in the commun
Slide 18: Agribusiness ongoing project
Agribusiness ongoing project… Agribusiness Sakola $2.2 million spent to develop agricultural entrepreneurship 48 entrepreneurs established and 30 farms created and producing 352 youth trained – Program to train 450 more with FIERi i Formation Profesionnelle, Insertion et appui a l'entrepreneriat des
Slide 19: Illegal mining
Illegal mining… Update Engagement with local and national authorities to clear illegal miners Baboto pit
Slide 20: Appendix A – Loulo Significant Intercept Table
Appendix A – Loulo Significant Intercept Tablei Drill Results from Q3 2020 i. All intercepts calculated using a 0.5 g/t Au cutoff and are uncapped; minimum intercept width Lode Drill Holeii Azimuth Dip Interval (m) Width (m)iii Au (g/t) is 2m; internal dilution is equal to or less than 2m total widt
Slide 21: Technical Information
Technical Information The scientific and technical information contained in this presentation has been reviewed and approved by Simon Bottoms, CGeol, MGeol, FGS, FAusIMM, Mineral Resources Manager, Africa and Middle East, a “Qualified Person” as defined in National Instrument 43-101 – Standards of D