Barrick Mining Corporation · TSX:ABX
Barrick Mining — Nevada Gold Mines — Investor Day (May 2021)
24 slides from Barrick Mining's investor day presentation, May 2021
Slide 1: May 2021 Investor Day
May 2021 Investor Day A joint venture between Barrick and Newmont Corporation OPERATED BY BARRICK
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT Certain information contained or incorporated by reference in this presentation, including any information as to our strategy, projects, plans or future financial or operating performance, constitutes “forward- looking statements”. All statements, other than statements of histor
Slide 3: Sustainability
SUSTAINABILITY Creating long-term value for all our stakeholders
Slide 4: GHG Emissions Reduction Roadmap
GHG Emissions Reduction Roadmap 2018 2025 2030 2,670 kt CO2e 2,337 kt CO2e interim emissions Baseline emissions 3,338 kt CO2e reduction target reduction target of 30% of 20% 52 kt CO2e saving Electric Haulage 100MW Solar Farm Phase I Alternative Ore Site-Based Solar Transportation Permitting - TS Vi
Slide 5: Closure and Reclamation
Closure and Reclamation Actively managing closure 700 hectares of reclamation in 2020 – 1,300 football fields 5-year concurrent reclamation plans at all Rain Pit & NWRDF sites with a budgeted spend of over $240M in the 5-year window Closure planning workshops for all sites and progress towards globa
Slide 6: Biodiversity
Biodiversity Conservation of native Lahontan cutthroat trout habitat Enhancement of more than 132 kilometers of stream and 800 hectares on the Maggie Creek watershed Restoration of more than 161 kilometers of habitat on the Willow Creek drainage Improved water quality and aquatic habitat Our methods
Slide 7: Biodiversity
Biodiversity Threats to Greater sage-grouse Fire Invasive species Human impacts Our actions and commitments 4,450 hectares rehabilitated in 2020 26,273 hectares enrolled for preservation and restoration $35M $35M committed over the next ten years
Slide 8: Sustainability
SUSTAINABILITY Creating long-term value for all our stakeholders
Slide 9: CSR Overall Strategy
CSR Overall Strategy NGM’s Community Development and Engagement Strategy states the company’s objective as: Developing a solid, long-term relationship with community stakeholders based on trust, respect, transparency and partnership.… The fundamental element of the NGM Community Development and Enga
Slide 10: 5 Pillars of Community Development
5 Pillars of Community Development Cultural Heritage Environment Health Economic Development Education
Slide 11: Education: Discovery Education Partnership
Education: Discovery Education Partnership $2.2M investment in a two-year partnership with Discovery Education (DE) and the Nevada Department of Education 95.5% of schools in Nevada have used the DE Experience! Bringing the Discovery Education Experience, a flexible K-12 platform to all students, te
Slide 12: Economic Development: I-80 Fund
Economic Development: I-80 Fund The I-80 Fund was established in response to the economic impacts of Covid-19 to provide support through relief and recovery loans to eligible small businesses along the Nevada I-80 corridor, specifically in Elko, Lander, Humboldt, and Eureka counties To date, the I-8
Slide 13: NGM Heritage Fund
NGM Heritage Fund The NGM Heritage Fund • NGM’s employee charitable giving program – launched December 2020 • Matches employee donations to qualifying Nevada non-profit organizations • Currently 20% of employees participating $175K 461 The NGM Community Endowment Fund • A segment of the Heritage Fun
Slide 14: Broadband Initiative
Broadband Initiative Elko ranked 6th slowest city in the US for internet services ~KTNV Las Vegas news article Partnership with Anthem Broadband to bring fiber- • 1G – 10G for customers based, affordable, and scalable • Local contractor will install fiber broadband internet services to • Every house
Slide 15: "We're All Nevadan" Website
“We're All Nevadan” Website a” > by oe! f WE’RE ALL = | 1° Wale alny
Slide 16: Technical Information
Technical Information The scientific and technical information contained in this presentation has been reviewed and approved by Rodney Quick, MSc, Pr.Sci.Nat, Mineral Resource Management and Evaluation Executive; Craig Fiddes, BSc (Geol) (Honours), SME Registered Member, Resource Modeling Manager, N
Slide 17: Endnotes
Endnotes 1. Gold cost of sales per ounce is calculated as cost of sales across our gold operations (excluding sites in care and maintenance) divided by ounces sold. 2. “Total cash costs” per ounce, “All-in sustaining costs” per ounce and "All-in costs" per ounce are non-GAAP financial performance me
Slide 18: Endnotes
Endnotes 3. Nevada Gold Mines Resources (inclusive of Reserves) and Reserves are summarized below, including Nevada Gold Mines’ 60% interest in South Arturo and Barrick’s 100%-owned Fourmile project. Totals may not appear to sum correctly due to rounding. 4. Estimated in accordance with National Ins
Slide 19: Endnotes
Endnotes 8. “Free cash flow” is a non-GAAP financial performance measure which deducts capital expenditures from net cash provided by operating activities. Barrick believes this to be a useful indicator of our ability to operate without reliance on additional borrowing or usage of existing cash. Fre
Slide 20: Appendix A – Outlook
Appendix A – Outlook Key assumptions 2021 2022 2023 2024+ Gold Price ($/oz) 1,700 1,200 1,200 1,200 Copper Price ($/lb) 2.75 2.75 2.75 2.75 Oil Price (WTI) ($/barrel) 60 60 60 60 AUD Exchange Rate (AUD:USD) 0.75 0.75 0.75 0.75 ARS Exchange Rate (USD:ARS) 100.00 100.00 100.00 100.00 CAD Exchange Rate
Slide 21: Appendix B – Carlin Trend Significant Intercepts
Appendix B – Carlin Trend Significant Interceptsi Drill Results from Q1 2021 i. All intercepts calculated using a 5 g/t Au cutoff and are uncapped; minimum intercept width is 0.8m; internal dilution is Core Drill Holeii Azimuth Dip Interval (m) Width (m)iii Au (g/t) less than 20% total width. 613.3-
Slide 22: Appendix B – Carlin Trend Significant Intercepts
Appendix B – Carlin Trend Significant Interceptsi i. All intercepts calculated using a 5 g/t Au cutoff and are Drill Results from 2020/Legacy Results uncapped; minimum intercept width is 0.8m; internal dilution Core Drill Holeii Azimuth Dip Interval (m) Width (m)iii Au (g/t) is less than 20% total w
Slide 23: Appendix C – North Leeville Significant Intercepts
Appendix C – North Leeville Significant Interceptsi Drill Results from Q1 2021 i. All intercepts calculated using a 3.4 g/t Au cutoff and are Core Drill Holeii Azimuth Dip Interval (m) Width (m)iii Au (g/t) uncapped; minimum intercept width is 3.0 m; internal dilution 733.6-736.7 3.1 16.72 is less t
Slide 24: Appendix C – North Leeville Significant Intercepts
Appendix C – North Leeville Significant Interceptsi Drill Results from 2020 i. All intercepts calculated using a 3.4 g/t Au cutoff and are Core Drill Holeii Azimuth Dip Interval (m) Width (m)iii Au (g/t) uncapped; minimum intercept width is 3.0m; internal dilution is CGX-20075 68 -84 909.5-912.6 3.1