Barrick Mining Corporation · TSX:ABX
Barrick Mining — Mines & Money Conference 2024
18 slides from Barrick Mining's conference presentation, Dec 3, 2024
Slide 1: How can the industry better resource tomorrow?
How can the industry better resource tomorrow? Mines & Money Conference, Dec 2024
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 our strategy, projects, plans or future financial or operating performance, constitutes “forward-looking statements”. All statements,
Slide 3: The Criticality of Mining
The Criticality of Mining… Space Renewable energy Everyday life Copper and gold are both widely Both copper and gold are critical The average family home contains almost used by the aerospace industry for components in renewable energy. A 200kg of copper in the form of wiring, wiring, and as heat re
Slide 4: An industry failing to replace its depletion
Number of Gold Discoveries Aggregate Production Exploration Budgets $ Bn 000 oz An industry 30 100000 failing to 25 90000 80000 replace its 20 70000 60000 depletion 15 50000 40000 10 30000 Growing supply-demand 20000 5 gap 10000 Resources becoming 0 0 increasingly scarce and 1990 1991 1992 1993 1994
Slide 5: Copper discoveries… looming shortage
Aggregate Production Kt Copper Number of Copper Discoveries Exploration Budgets $ Mn discoveries… 20 25000 looming 15 20000 shortage 10 15000 10000 5 5000 0 0 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2
Slide 6: Strategically driven value creation
Strategically driven value creation Barrick…investing in organic growth and delivering true Tier 1 assets Quality of reserves = value Commodity Gold and Copper located in world class geological districts What value can we add to reserves Tier One1 Gold: reserve potential to deliver +10 mine life +50
Slide 7: Global Gold and Copper deposits and GDP
Global Gold and Copper deposits and GDP… >5 Mt 5-10 Moz >10 Moz High GDP (>50000) Upper-Middle GDP (25001-50000) Middle GDP (10001-25000) Lower-Middle GDP (3001-10000) Low GDP (1-3000) No data Source: S&P 7
Slide 8: Barrick… a leading track record of organic growth
Barrick…a leading track Gold Mineral Reserves (Moz on 100% Basis) record of organic growth Goldstrike Loulo Gounkoto Lagunas Norte Kibali Pueblo Viejo Significant resources added through Donlin Gold brownfields and greenfield explorationi Turquoise… Goldrush Veladero Optimize value of our existing o
Slide 9: Copper is as strategic as Gold is precious
Copper is as strategic as Gold is precious… Copper fundamentals support global production capacity below the forecast primary demand, post 2026. Mt Projected Global Copper Production and Primary Demand 30 25 2028 – 2064 – Reko Diq mine lifei 2028 – 2057 - Lumwana expansion lifei,2,3 20 15 10 5 - 202
Slide 10: The world's largest undeveloped copper projects
The world’s largest undeveloped copper projects… Within the top 15, Reko Diq and Lumwana are the projects with the earliest anticipated execution timeline Other projects face permitting and infrastructure challenges preventing progression 40 Cu Mt 2.50% 37 Copper Resources (100% basis) 35 Total reso
Slide 11: Economic development in the Global South is key to an ethical transition
Economic development in the Global South is key to an ethical transition… Global North is dependent on the Global South to UN SDGs supply the minerals critical to their sustainability Significant increase in production of these minerals is SOCIAL • Goal 4: Quality education required but the prioriti
Slide 12: Poverty and Resilience
Poverty and Resilience… The poor often depend directly on a wide range of “wild” natural resources and ecosystem services for their well- being and without alternative opportunities Supporting and building resilience in the fundamental needs of the poor is essential in addressing SDG, climate and An
Slide 13: Barrick's holistic and integrated management
Barrick’s holistic and integrated management The Bridge to Achieving the UN SDGs Our Sustainability Vision is underpinned by the knowledge that sustainability aspects are interconnected This approach is based on science and links to the UN Sustainable Development Goals (SDGs), and seeks to deliver o
Slide 14: The Gold Industry's contribution
The Gold Industry’s Payments to communities Supporting livelihoods contribution… Gold is a Critical mineral too! Gold plays a fundamental role in achieving the UN Sustainable Development Goals (SDGs) – immediate, long term contributions to the communities and countries in which it is mined The direc
Slide 15: Metals and Minerals are critical to development and building a better world
Metals and Minerals are critical to development and building a better world for future generations… JUST TRANSITION vs an INFORMED and EQUITABLE TRANSITION All minerals mined are critical whether it is to provide green energy or to uplift the livelihoods and economies in developing countries – batte
Slide 16: Connect with us
BARRICK GOLD CORPORATION Corporate Office: TD Canada Trust Tower 161 Bay Street, Suite 3700 Toronto, Canada M5J 2S1 Tel: +1 416 861-9911 Toll-free throughout North America: 1 800 720-7415 Connect with us 16
Slide 17: References
References… https://ourworldindata.org/co2-emissions https://ourworldindata.org/poverty https://gain.nd.edu/our-work/country-index/ https://sdgs.un.org/goals https://journals.openedition.org/sapiens/1452#ftn12 17
Slide 18: Technical Information Endnotes
Technical Information… The scientific and technical information contained in this presentation has been reviewed and approved by Simon Bottoms, CGeol, MGeol, FGS, FAusIMM, Mineral Resource Management and Evaluation Executive; John Steele, CIM, Metallurgy, Engineering and Capital Projects Executive;