Barrick Mining Corporation · TSX:ABX
Barrick Mining — Bank of America Global Metals, Mining and Steel Conference 2022
13 slides from Barrick Mining's conference presentation, May 17, 2022
Slide 1: A World Class Global Business…
A World Class Global Business… Bank of America Global Metals, Mining and Steel Conference May 2022
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, o
Slide 3: Our mission is to be the world's most valued gold and copper mining business
Our mission is to be Partnering with our host countries is foundational Loulo-Gounkoto 1 (80%) to our business the world’s most purpose valued gold and Tongon (89.7%) copper mining business by finding, developing and operating the best assets with the best people to deliver the best returns, on a (2
Slide 4: Why Invest in Barrick…
Why Invest in Barrick… Best asset base Largest portfolio of best in class Tier One gold assets and producing copper mines that is unmatched in the industry, with several more waiting in the wings Clear runway All our mines have 10-year business plans – in some cases being rolled out to 15 and 20 yea
Slide 5: 5 Year Summary…Group Gold ($1,700/oz Gold Price)
5 Year Summary…Group Gold ($1,700/oz Gold Price) Gold & GEO Production (Attributable), Moz Gold Cost of Sales4, Total Cash Costs5 and Total Gold Capital Expenditures8 (Attributable), $ mln AISC5, $/oz Africa and Middle East LATAM and AP North America GEO Cost of Sales4 Total Cash Costs 5 AISC5 Total
Slide 6: 5 Year Summary…Group Copper ($4/lb Copper Price)
5 Year Summary…Group Copper ($4/lb Copper Price) Copper Production (Attributable), Mlbs Copper Cost of Sales4, C1 Cash Costs6 and Total Copper Capital Expenditures8 (Attributable), $ mln AISC6, $/lb Jabal Sayid Zaldivar Lumwana Cost of Sales4 C1 Cash Costs6 AISC6 Total Copper Capital8 550 3.00 2.80
Slide 7: Investing in a Sustainably Better Future
A holistic approach to ESG that will make a lasting Impact Investing in a CLIMATE Sustainably Biodiversity loss impacts RESILIENCE Poverty impacts climate change climate resilience Better Future At Barrick E, S & G The are inextricably entwined. Conserving Barrick biodiversity is fundamental to Appr
Slide 8: Roadmap to Net Zero…
Roadmap to Net Zero… Our GHG Reduction Roadmap outlines the projects that are contributing or have the potential to meet our target of reducing total emissions by 30% by 2030 as well as its course to be net zero by 2050, while maintaining a steady production profile ~$850 million has been spent or b
Slide 9: Cumulative Attributable Free Cash Flow from Operating Mines (2022 – 2026)
Cumulative Attributable Free Cash Flowi,2 from Operating Mines (2022 – 2026) Barrick has six Tier One mines – unparalleled in the industry Tier One Gold Assets $25B Other Gold Assets For every $100/oz change in the gold price, attributable free cash Copper Assets flowi,2 generated by our operations
Slide 10: Our Commitment to Shareholder Returns…
Our Commitment to Shareholder Returns… Strong track record of growing shareholder returns since the merger with Randgold was completed Returned a record $1.4 billion of cash to shareholders in 2021, including a $750 million return of capital (or ~$0.42 per share) In addition to our quarterly base di
Slide 11: BARRICK
BARRICK
Slide 12: Endnotes
Endnotes 1. A Tier One Gold Asset is an asset with a reserve potential to deliver a minimum 10-year life, annual production of at least 500,000 ounces of gold and total cash costs per ounce over the mine life that are in the lower half of the industry cost curve. A Tier One Copper Asset is an asset
Slide 13: APPENDIX A – Outlook
APPENDIX A – Outlook Key assumptions 2022 2023+ Gold Price ($/oz) 1,700 1,200 Copper Price ($/lb) 4.00 2.75 Oil Price (WTI) ($/barrel) 65 65 AUD Exchange Rate (AUD:USD) 0.75 0.75 ARS Exchange Rate (USD:ARS) 100 100 CAD Exchange Rate (USD:CAD) 1.30 1.30 CLP Exchange Rate (USD:CLP) 800 800 EUR Exchang
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