Barrick Mining Corporation · TSX:ABX

Barrick Mining — Barrick Gold — Q2 2008 Earnings Presentation

8 slides from Barrick Mining's earnings presentation, Jul 31, 2008

  1. Slide 1: Second Quarter Results Conference Call

    BARRICK GOLD CORPORATION Second Quarter Results Conference Call July 31, 2008 Strategy Investment Execution Results Second Quarter Results – July 31, 2008 CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION Certain information contained or incorporated by reference in this presentation and related m

  2. Slide 2: Highlights and Operating and Financial Results

    BARRICK GOLD CORPORATION Second Quarter Results Conference Call July 31, 2008 Highlights ƒ Cash margins up 68% to $477 per ounce ƒ Net income rises 22% to $485 M ($0.56 per share) ƒ Significant progress on project pipeline: – Buzwagi, Cortez: on schedule, tracking budget – Pueblo Viejo: accelerated

  3. Slide 3: Second Quarter Results and Margin Expansion

    BARRICK GOLD CORPORATION Second Quarter Results Conference Call July 31, 2008 Second Quarter Results (US dollars) Gold Margin Earnings Cash Flow EBITDA (1) per ounce per share per share millions 477 886 0.61 61 56 0.56 740 20% 68% 0.46 46 22% 56% 284 0.39 39 Q2 07 Q2 08 Q2 07 Q2 07 Q2 08 Q2 08 Q2 07

  4. Slide 4: Competitive Costs and 2008 Outlook

    BARRICK GOLD CORPORATION Second Quarter Results Conference Call July 31, 2008 Competitive Costs Global Cash Costs(1) 1200 1000 H1 Barrick Realized Gold Price ($909) 800 H1 H1 Barrick Barrick Margin Margin 600 $629 $503 US$/oz with 400 copper credit 200 0 0% 20% 40% 60% 80% 100% Source: GFMS Cumulati

  5. Slide 5: Q2 2008 Production and Buzwagi Project Update

    BARRICK GOLD CORPORATION Second Quarter Results Conference Call July 31, 2008 Q2 2008 Production ounces thousands North America Africa 693 151 536 471 South Australia America Pacific 6 Other 1.86 M oz at $417 per ounce Buzwagi Project Update ƒ On schedule and tracking ƒ 250,000-260,000 oz/yr(2) budg

  6. Slide 6: Cortez Hills and Pueblo Viejo Project Updates

    BARRICK GOLD CORPORATION Second Quarter Results Conference Call July 31, 2008 Cortez Hills Project Update ƒ On schedule and tracking budget ƒ Capex: $480-500 M(1) – +50% committed or spent ƒ 1 Moz/yr(2,4) producer ƒ Cash costs: ~$300/oz(2,3,4,5) ƒ Record of Decision expected in H2 2008 (1) Pre-produ

  7. Slide 7: Pueblo Viejo Project Update

    BARRICK GOLD CORPORATION Second Quarter Results Conference Call July 31, 2008 Pueblo Viejo Project Update Capex: ~$2.7 B(1) ƒ Accelerated procurement plan underway ƒ Approx 1/3 of funds committed or subject to firm pricing ƒ Most long lead time items secured (1) Pre-production, followed by $0.3 B to

  8. Slide 8: In Closing

    BARRICK GOLD CORPORATION Second Quarter Results Conference Call July 31, 2008 In Closing ƒ Positive gold price outlook ƒ Delivering strong financial results – $1B in earnings in first 6 months ƒ Q2 gold cash margins increased 68% ƒ Industry’s only ‘A’ rated balance sheet ƒ Advanced projects on track

Barrick Gold — Q2 2008 Earnings Presentation on 6ix