Barrick Mining Corporation · TSX:ABX
Barrick Mining — Barrick Gold — HSBC Global Natural Resources Conference 2012
17 slides from Barrick Mining's conference presentation, Sep 24, 2012
Slide 1: HSBC Global Natural Resources Conference
BARRICK GOLD CORPORATION HSBC Global Natural Resources Conference Singapore | September 24, 2012 HSBC Global Natural Resources Conference Singapore | September 2012 1 CAUTIONARY STATEMENT ON FORWARD‐LOOKING INFORMATION Certain information contained or incorporated by reference in this presentation,
Slide 2: Gold Industry Leader / Global Portfolio
BARRICK GOLD CORPORATION HSBC Global Natural Resources Conference Singapore | September 24, 2012 Gold Industry Leader World’s largest gold company p Exceptional gold g and copper pp leverage g Lowest cost senior Strong financial and dividend performance Disciplined capital allocation Pro
Slide 3: Industry Leading Production/Reserves; Exceptional Leverage to Gold
BARRICK GOLD CORPORATION HSBC Global Natural Resources Conference Singapore | September 24, 2012 Industry Leading Production/Reserves 2011 Gold Production(1) 2011 Gold Reserves(1,2) (Moz) (P&P - Moz) 7.7 139.9 ABX ABX 98.8 5.2 NEM NEM 4.3 80.0 77.6 75.6 AU NCM GFI 3.5 AU 64.7 62.6 GFI GG KGC 2.7 2.6
Slide 4: Lowest Cost Senior; Barrick Has Outperformed
BARRICK GOLD CORPORATION HSBC Global Natural Resources Conference Singapore | September 24, 2012 Lowest Cost Senior Global Gold Industry Total Cash Cost Curve(1) $2,000 $1,500 $1,000 Peer Group 2012E Average(2) ~$740 US$/oz $500 Barrick 2012E $550-$575(3) Pueblo Viejo $300 to $350(3) $0 Pascua-Lama
Slide 5: Returning Capital; H1 2012 Financial & Operating Results
BARRICK GOLD CORPORATION HSBC Global Natural Resources Conference Singapore | September 24, 2012 Returning Capital Annualized Dividend(1) 80 US cents per share 60 48 40 40 30 22 2006 2007 2008 2009 2010 2011 2012 (1) Calculation based on annualizing the last dividend paid in the respective year (2)
Slide 6: 2012 Operating Outlook
BARRICK GOLD CORPORATION HSBC Global Natural Resources Conference Singapore | September 24, 2012 2012 Operating Outlook Gold Production (Moz) 7.3-7.8 Total Cash Costs (US$/oz) 550-575 Net Cash Costs (US$/oz) 460-500(1) Copper Production (Mlbs) ~450 C1 Cash Costs (US$/lb) 2.10-2.30 (1) Net cash costs
Slide 7: Disciplined Capital Allocation
BARRICK GOLD CORPORATION HSBC Global Natural Resources Conference Singapore | September 24, 2012 Disciplined Capital Allocation Cost Debt Reductions Reduction Key Areas of Return Capital Portfolio Focus Review and to Shareholders Optimization Attractive Return Investments 13 13 Profitable Production
Slide 8: World Class Operations and Projects
BARRICK GOLD CORPORATION HSBC Global Natural Resources Conference Singapore | September 24, 2012 World Class Operations and Projects Total Global Gold Mines by Size 6 mines (2011 gold production) >1 Moz Barrick Mines Other Mines 2 8 mines >800 Koz Goldstrike Cortez 21 mines >500 Koz 3 156 mines >100
Slide 9: Pueblo Viejo - ramp up underway
BARRICK GOLD CORPORATION HSBC Global Natural Resources Conference Singapore | September 24, 2012 Pueblo Viejo - ramp up underway Autoclave Completed on schedule Operating Deck and within capital guidance First gold poured in August 100-125K equity oz of production in 2012 Conveyor from Crusher
Slide 10: Pascua-Lama - in construction
BARRICK GOLD CORPORATION HSBC Global Natural Resources Conference Singapore | September 24, 2012 Pascua-Lama - in construction One of the world’s largest, lowest cost gold mines 800-850 Koz of average annual gold production(1) 35 Moz of average annual silver production(1) $0 to negative $150/o
Slide 11: Pascua-Lama Jabal Sayid
BARRICK GOLD CORPORATION HSBC Global Natural Resources Conference Singapore | September 24, 2012 Pascua-Lama Covered Stockpile and Grinding Building Process Plant – CIL Leaching Area 21 21 Jabal Sayid Crusher Expected to be within capex Operational guidance of ~$400 M(1) 100-130 100 130 Mlbs of
Slide 12: Lumwana - Chimi expansion
BARRICK GOLD CORPORATION HSBC Global Natural Resources Conference Singapore | September 24, 2012 Lumwana - Chimi expansion Large, long life asset Substantially improved production of ~250 Mlbs at l lower C1 cashh costs t expected t d in i 2013 Expansion into Chimiwungo is on schedule – crusher a
Slide 13: 2012 Exploration Program
BARRICK GOLD CORPORATION HSBC Global Natural Resources Conference Singapore | September 24, 2012 2012 Exploration Program(1) North America North America 45% Africa 5% Africa Australia Pacific Africa 20% Copper South 20% America South 10% America Australia Pacific 2012 exploration budget of $450-$4
Slide 14: Footnotes
BARRICK GOLD CORPORATION HSBC Global Natural Resources Conference Singapore | September 24, 2012 HSBC Global Natural Resources Conference Singapore | September 2012 27 Footnotes 1. Adjusted net earnings, EBITDA, adjusted operating cash flow, gold total and net cash costs per ounce, gold total cash m
Slide 15: Goldrush (Cortez)
BARRICK GOLD CORPORATION HSBC Global Natural Resources Conference Singapore | September 24, 2012 Appendix pp 29 Goldrush (Cortez) Pipeline Cortez Hills Horse Canyon Goldrush Initial 3.5 Moz resource doubled to: 1.3 Moz measured & indicated(1) 5.7 Moz inferred(1) Oblique aerial photo looking to the n
Slide 16: Chimiwungo (Lumwana) Robust Characteristics
BARRICK GOLD CORPORATION HSBC Global Natural Resources Conference Singapore | September 24, 2012 Chimiwungo (Lumwana) Robust Characteristics Completed drilling Schematic X Section 2011 June 2011- June 2012 2P + M&I Resources Pending drilling 2012 Roan Shoot Equinox Shoot Results pending Inferred Res
Slide 17: Chimiwungo Starter Pits
BARRICK GOLD CORPORATION HSBC Global Natural Resources Conference Singapore | September 24, 2012 Chimiwungo Starter Pits Potential to merge northern two Completed drilling Schematic X Section 2011 June 2011- June 2012 2P + M&I Resources Pending drilling 2012 Roan Shoot Equinox Shoot Results pending
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