Barrick Mining Corporation · TSX:ABX
Barrick Mining — Barrick Gold — Shareholder Meeting (April 2005)
33 slides from Barrick Mining's shareholder meeting presentation, Apr 28, 2005
Slide 1: Building Mines, Building Value
Building Mines, Building Value
Slide 2: 2004
Building Mines, Building Value 2004
Slide 3: 2004 targets were met
Building Mines, Building Value 2004 targets were met 4.96 $212 million ounces per ounce 4.9 5.0 $205 $215 production cash costs
Slide 4: $248m earnings, $506m operating cash flow
Building Mines, Building Value 2004 $248m earnings $506m operating cash flow all amounts in US dollars 03 04 03 04
Slide 5: Industry-wide costs rise 15%
Building Mines, Building Value 2004 industry-wide costs rise 15%
Slide 6: Mitigating cost pressures
Building Mines, Building Value 2004 mitigating cost pressures continuous improvement initiatives improving supply chain management commodity and currency price protection
Slide 7: Lowest cost senior gold producer; development of high quality projects
Building Mines, Building Value 2004 lowest cost senior gold producer development of high quality projects
Slide 8: P&P gold reserves
2004 p&p gold reserves millions of ounces 89 58% Building Mines, Building Value increase 38 per share 94 04
Slide 9: Low-cost development reserves
2004 p&p gold reserves millions of ounces 89 43 million ounces Building Mines, Building Value low-cost development reserves 04
Slide 10: One of the world's largest silver producers
2004 p&p gold reserves millions of ounces 89 Building Mines, Building Value 900+ million ounces will become one of world’s contained silver largest silver producers 04
Slide 11: "A" rated balance sheet
2004 Veladero long-term financing debt issue $250 + $750 Building Mines, Building Value million million “A”rated balance sheet disciplined + conservative
Slide 12: Building Mines: Tulawaka, Lagunas Norte, Veladero, Cowal
Building Mines Tulawaka 2004 Lagunas Norte Veladero Cowal $1.2 ~2.0 < $200 billion est. million ounces per ounce construction capex average 3 years average 3 years
Slide 13: Building Mines, Delivering Value
2005 Building Mines, Delivering Value
Slide 14: 2005 production 6.8-7.0 million ounces
2005 production 6.8-7.0 ounces millions 4.96 40% growth Building Mines, Delivering Value target rising gold price environment 04 07
Slide 15: Building Mines, Delivering Value
Building Mines, Delivering Value
Slide 16: People make it happen
2005 Building Mines, Delivering Value people make it happen
Slide 17: Augusto, Chung, Dave, Anthony, George, Bee
2005 Building Mines, Delivering Value Augusto Chung Dave Anthony George Bee
Slide 18: Corporate social responsibility: Elko, Nevada
2005 Building Mines, Delivering Value Elko, Nevada corporate social responsibility
Slide 19: Corporate social responsibility: World Vision
2005 World Vision Building Mines, Delivering Value corporate social responsibility
Slide 20: Corporate social responsibility: Habitat for Humanity
2005 World Vision Building Mines, Delivering Value corporate social responsibility Habitat for Humanity
Slide 21: Corporate social responsibility: medical care
2005 Building Mines, Delivering Value medical care corporate social responsibility Habitat for Humanity
Slide 22: Future
future Building Mines, Delivering Value
Slide 23: Future: exploration and corporate development
future Ed Cope Building Mines, Delivering Value Alex Davidson exploration and corporate development Ramon Araneda Inna Gretchka Rob Krcmarov Deni Nicoski
Slide 24: Future: exploration in five key districts, $150 million program
future Russia / Central Asia Nevada exploration in five key districts Building Mines, Delivering Value Lake Victoria $150 Alto Chicama Frontera million program
Slide 25: Nevada
Russia / Central Asia Nevada Underground Goldstrike NEVADA Building Mines, Delivering Value Reno East Archimedes Alto Chicama Lake Victoria Round Mountain Frontera Open Pit
Slide 26: Peru: Lagunas Norte, Pierina, Alto Chicama
Russia / Central Asia Nevada Lagunas Norte Trujillo Building Mines, Delivering Value PERU Alto Chicama Lake Victoria Pierina Frontera
Slide 27: Pascua-Lama and Veladero protocol area
Russia / Central Asia Protocol Area Nevada Pascua-Lama Pascua-Lama Veladero ARGENTINA Building Mines, Delivering Value CHILE ARGENTINA Veladero Lake Victoria Alto Chicama 3,041 sq. km. Frontera CHILE
Slide 28: Pascua-Lama and Veladero district
Russia / Central Asia Pascua-Lama Nevada Cerro Pelado Pascua-Lama Veladero Veladero Cerro Colorado ARGENTINA Building Mines, Delivering Value Regalito Guanaco Zonzo Alto Chicama Lake Victoria 3,041 sq. km. Frontera CHILE
Slide 29: Lake Victoria, Tanzania
Russia / Central Asia LAKE Nevada VICTORIA Kabanga Tulawaka Bulyanhulu Building Mines, Delivering Value Buzwagi Alto Chicama Lake Victoria Frontera TANZANIA Dar es Salaam
Slide 30: Russia / Central Asia
Russia / Central Asia Highland Gold evada Celtic Resources Moscow R U S S I A Building Mines, Delivering Value KAZAKHSTAN Alto Chicama Lake Victoria MONGOLIA Frontera CHINA
Slide 31: Targets on track
2005 Building Mines, Delivering Value targets on track cash costs production $220 $230 5.4 5.5
Slide 32: First quarter results
2005 Building Mines, Delivering Value first quarter results $51 million earnings 1.1 $248 million ounces produced per ounce
Slide 33: 40% growth target; favourable gold price environment
track record of increasing reserves Building Mines, Delivering Value favourable gold price environment 40% growth target low-cost producer