Barrick Mining Corporation · TSX:ABX
Barrick Mining — Barrick Gold — Scotia Capital Precious Metals Conference 2002
4 slides from Barrick Mining's conference presentation, Nov 26, 2002
Slide 1: 2002 on target and 2003 outlook
BARRICK GOLD CORPORATION Scotia Capital Precious Metals Conference November 26, 2002 2002 on target ~5.7 million ounces BARRICK at $178 per ounce strong cash flow 2003 outlook 2003 outlook 2002 E production down slightly similar administration $65 m similar cash costs similar exploration $100 m high
Slide 2: Growth plan: 4 new mines in 5 years
BARRICK GOLD CORPORATION Scotia Capital Precious Metals Conference November 26, 2002 growth plan Pascua- Lama (thousands of ounces @ cost per ounce) 800 growth plan @ $85 Alto 4 new mines in 5 years Chicama Veladero 530 $2 billion capital spending 500 + 2 million ounces per year @ @ $130 $155 $900 a
Slide 3: Reducing committed position and financial strength
BARRICK GOLD CORPORATION Scotia Capital Precious Metals Conference November 26, 2002 reducing committed position reducing committed position forward sales: 16.9 million oz interest rates at 40-year low target: 12.0 million oz positive gold price outlook financial strength call options: 2.2 million o
Slide 4: Poised for growth
BARRICK GOLD CORPORATION Scotia Capital Precious Metals Conference November 26, 2002 poised for growth poised for growth build asset base top and bottom line growth when gold prices are low improving ROE develop new mines creating shareholder value when gold prices rise FORWARD LOOKING STATEMENT PAS
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