Slide 1: Third Quarter 2012 Results
BARRICK GOLD CORPORATION Q3 Conference Call November 1, 2012 Third Quarter 2012 Results Conference Call / Webcast – November 1, 2012 1 CAUTIONARY STATEMENT ON FORWARD‐LOOKING INFORMATION Certain information contained or incorporated by reference in this presentation, including any information as to
Slide 2: Third Quarter 2012 Results
BARRICK GOLD CORPORATION Q3 Conference Call November 1, 2012 Third Quarter 2012 Results Jamie Sokalsky Kelvin Dushnisky Ammar Al-Joundi Igor Gonzales Rob Krcmarov President and CEO Senior Executive Executive Vice President Executive Vice President Senior Vice President Vice President and CFO and COO
Slide 3: Q3 2012 Operating Results
BARRICK GOLD CORPORATION Q3 Conference Call November 1, 2012 Q3 2012 Operating Results ounces thousands North America 795 Gold Production African 1.78 Barrick million 109 ounces 481 394 South America Australia Pacific Total cash costs $592/oz(1) Net cash costs $537/oz(1) (1) See final slide #1 5
Slide 4: Priorities and Progress
BARRICK GOLD CORPORATION Q3 Conference Call November 1, 2012 Priorities and Progress Disciplined Capital Allocation – ongoing, dynamic portfolio review – cutt or d deferred f d ~$1.0 $1 0 B from f iinitial iti l 2013 budget b d t for f sustaining and minesite expansion capex – initiated G&A review
Slide 5: Pascua-Lama – Construction Update
BARRICK GOLD CORPORATION Q3 Conference Call November 1, 2012 Pascua-Lama – progress review Work in Q3 includes: – advanced review of all major contracts, material quantities and prices prices, unit costs costs, installation rates and productivity – progressed detailed review of project schedule an
Slide 6: Pueblo Viejo – Ramp Up Progress
BARRICK GOLD CORPORATION Q3 Conference Call November 1, 2012 Pueblo Viejo – ramp up progress First gold poured on schedule and within capital guidance of $2.2-$2.3 $ $ B Commercial production expected to commence in December – ~80,000 oz in 2012(1) (1) See final slide #3 All figures are Barrick’
Slide 7: Strengthened Copper Business
BARRICK GOLD CORPORATION Q3 Conference Call November 1, 2012 Strengthened Copper Business Further strengthened CBU with appointment of dedicated senior leadership team Led by CBU President Mark Fisher Focused exclusively on optimizing copper assets to maximize returns and free cash flow Zaldív
Slide 8: Zambia – Lumwana
BARRICK GOLD CORPORATION Q3 Conference Call November 1, 2012 Zambia – Lumwana(1) Chimiwungo Deposit 2011 2P + M&I Resources Inferred Resources M% Cu Contours 10m% Cu 20m% Cu 40m% Cu 80m% Cu (1) See final slide #5 15 N N Goldrush Selected Drill Results 0 2,000 124 ft @ 0.19 oz/t Feet 0 1,000 Meters 8
Slide 9: Cortez District Potential
BARRICK GOLD CORPORATION Q3 Conference Call November 1, 2012 Cortez District Potential Mill Canyon Fourmile Canyon Tremendous district potential Cortez Horse Hills Goldrush Mine Canyon Extension Parallel trend Mine identified Goldrush Pipeline of drill Dry Complex targets for 2013 Hills es g t
Slide 10: Disciplined Capital Allocation
BARRICK GOLD CORPORATION Q3 Conference Call November 1, 2012 Disciplined Capital Allocation Cost Debt Reductions Reduction Key Areas of Return Capital Portfolio Focus Review and to Shareholders Optimization Attractive Return Investments 19 Disciplined Capital Allocation Second quarter: initiated o
Slide 11: Profitable Production
BARRICK GOLD CORPORATION Q3 Conference Call November 1, 2012 Profitable Production Gold production of ~8 M oz by 2016(1) Copper production of ~600 M lbs by 2015 High-quality, profitable production Improved free cash flow and rates of return (1) Production is inclusive of the company’s 73.9%
Slide 12: Q4 Priorities
BARRICK GOLD CORPORATION Q3 Conference Call November 1, 2012 Q4 Priorities Meet 2012 production and cost targets Bring Pueblo Viejo into commercial production Advance Pascua-Lama Identify further measures to reduce company- wide costs 23 Footnotes 1. Adjusted net earnings, EBITDA, adjusted o