Barrick Mining Corporation · TSX:ABX
Barrick Mining — MineAfrica 2022
17 slides from Barrick Mining's conference presentation, Jun 14, 2022
Slide 1: Mali: Delivering value through strong local partnerships
Mali Delivering value through strong local partnerships PDAC – Mine Africa, June 2022 Hilaire Diarra
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 statem
Slide 3: Partnering with our host countries is foundational to our business
Barrick Partnering with our host countries is foundational Loulo-Gounkoto to our business 1 (80%) purpose operates on 4 Tongon (89.7%) continents in 18 countries Partnering with 2 our host (24.5%) countries is foundational to our business purpose In April 2020, Porgera was placed on care and mainten
Slide 4: 26 years of operating in Africa
26 years of operating in Africa Barrick... Africa’s largest Jabal Sayid 50% gold producer Morila 40% A Tier One Barrick EGYPT SAUDI ARABIA Produced 152 million focusing on Tier discovery, now sold pounds in 2021 (100%) One1 and MALI SENEGAL Strategic Assets1 Loulo-Gounkoto 80% Kibali 45% DRC MALI To
Slide 5: Barrick's Contribution to Malian Economy
Barrick’s Contribution to Malian Economy… Our three mines have been responsible for 5-10% of the Malian GDP over the last ten years 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 supplie
Slide 6: Loulo District: Key Structures Continue to Deliver Upside
Loulo District… Key Structures Continue to Deliver Upside Gara North Sansamba West Baboto North Located on the Yalea Ridge Trend Located in a prospective corridor north of Waraba - Baboto Gara Positive first pass shallow drilling results confirm the Gara Deposit Corridor North Baboto the continued p
Slide 7: Loulo-Gounkoto Complex: Operational Excellence
Loulo-Gounkoto Complex…Operational Excellence Loulo-Gounkoto Complex Gold Production (100%) Consistent production performance with a solid long-term 800 koz outlook - 8.4Moz of Proven and Probable gold reserves as at 700 year-end 2021 on a 100% basis3 600 500 Successful replacement of mined ounces s
Slide 8: 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 rates at all mine sites 0.60
Slide 9: Loulo-Gounkoto Complex: A Local Strategy
Loulo-Gounkoto Complex…A Local Strategy Suppliers Total Employees: 5,759 Nationals: 5,486 (95%) – Community: 1,168 A total of $364 million was spent on local suppliers and contractors in Expats: 273 (5%) 2021 and a further $86 million in Q1 2022 We continue to promote local Malian companies and rece
Slide 10: Loulo-Gounkoto's Contribution to Socio-Economic Development
Loulo-Gounkoto’s Contribution to Socio-Economic Development… Community Development Committee (CDC) established to ensure the community remains at the centre of decision making This has proved to be a robust model $13 million invested to date - Education Health Potable water Food Security Local Econo
Slide 11: Local Supplier Development
Local Supplier Development… 9 companies graduated (PROSLABS, MANDE SARL, GIE AMIS DE LA NATURE, MA-SUD, ARC EN TERRE, ETEF, 3R, METALLICA, ATMAS) 181 direct jobs created 85.25 million FCFA budgeted for employee training 8 companies have created new lines of businesses 8 companies acquired new client
Slide 12: Loulo-Gounkoto: Local Entrepreneurship
Loulo-Gounkoto…Local Entrepreneurship 674 directs jobs created for locals at Loulo and 503 at Gounkoto 92 young community members trained by the mines and our partners Support to local entrepreneurship initiatives, with 13 GIEsi and 7 companies created by locals and supported by the mine 360 indirec
Slide 13: Agribusiness Development
Agribusiness Development… Capital of $2.2 million over 5 years funded by Accommodation, classrooms, Loulo-Gounkoto 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
Slide 14: Environmental Conservation: FINA Reserve project
Environmental Conservation…FINA Reserve project Convert any residual environmental impact of Loulo, Gounkoto and Morila mines into conservation program for the FINA reserve FINA Park conservation project officially launched with authorities and Minister of Environment Recruitment of anti-poaching an
Slide 15: Contribution to the fight against Covid19 in Mali
Contribution to the fight against Covid19 in Mali… Donation in cash and in goods for a total amount of 187,812,052 FCFA in 50 million FCFA to the authorities of Kayes Kayes, Kenieba and local health centres by Loulo-Gounkoto Complex and Barrick Gold Mali Successful Covid-19 vaccination campaign cont
Slide 16: Combatting Climate Change in Mali
Combatting Climate Change in Mali… 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. No national grid option for power in Mali 20 MW solar power plant constructed in
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