Barrick Mining Corporation · TSX:ABX
Barrick Mining — Barrick Gold — Goldman Sachs Basic Materials Conference 2007
12 slides from Barrick Mining's conference presentation, May 16, 2007
Slide 1: Barrick Gold Corporation – Goldman Sachs Basic Materials Conference
Barrick Gold Corporation Goldman Sachs Basic Materials Conference New York - May 2007 CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION Certain information contained or incorporated by reference in this presentation and related material, including any information as to our future financial or oper
Slide 2: Barrick Now / 2006 Highlights
Barrick Gold Corporation Goldman Sachs Basic Materials Conference New York - May 2007 Barrick Now High quality portfolio of operating mines Industry’s largest reserve base Unrivalled project pipeline Seasoned management Large land positions on prolific trends Industry’s strongest balance
Slide 3: First Quarter Highlights
Barrick Gold Corporation Goldman Sachs Basic Materials Conference New York - May 2007 First Quarter Highlights Gold production: 2.03 Moz at $313/oz (1) Copper: 100 M lbs at $0.81/lb (1) Corporate Gold Sales Contracts fully eliminated – Resulting lower revenue of $557 million in Q1 Excluding
Slide 4: Expanding Margins
Barrick Gold Corporation Goldman Sachs Basic Materials Conference New York - May 2007 Expanding Margins Spot Est. 675 Total Cash Costs vs Realized Gold Prices US dollars per ounce 541 325 -340 439 391 259 386 366 Margin 339 73 212 177 335 177 313 162 282 -350 227 Total 214 Cash 177 189 Cost 02 03 04
Slide 5: Increasing P&P Gold Reserves / Barrick Metals Portfolio
Barrick Gold Corporation Goldman Sachs Basic Materials Conference New York - May 2007 Increasing P&P Gold Reserves (1) ounces millions 123 120 100 89 80 60 40 20 0 2000 2001 2002 2003 2004 2005 2006 (1) Refer to final slide point #2. Barrick Metals Portfolio P&P Reserves and M&I Resources (at Decemb
Slide 6: Barrick Now / Development Pipeline Progress
Barrick Gold Corporation Goldman Sachs Basic Materials Conference New York - May 2007 Barrick Now 2004 2006 Undeveloped Production Reserves Contribution Lagunas Norte 1.8 Veladero million 26 ounces at Cowal million total cash ounces costs of Tulawaka Ruby Hill $152/oz(1) (1) Refer to final slide poi
Slide 7: Cortez Hills Nevada / Pascua-Lama Chile/Argentina
Barrick Gold Corporation Goldman Sachs Basic Materials Conference New York - May 2007 Cortez Hills Nevada Pascua-Lama Chile/Argentina 7
Slide 8: Pueblo Viejo Dominican Republic / Buzwagi Tanzania
Barrick Gold Corporation Goldman Sachs Basic Materials Conference New York - May 2007 Pueblo Viejo Dominican Republic Buzwagi Tanzania 8
Slide 9: Projects Update
Barrick Gold Corporation Goldman Sachs Basic Materials Conference New York - May 2007 Projects Update Barrick Now P&P M&I Inferred Projects Minerals Reserves(1) Resources Resources Cortez Hills Gold Moz 37 15.4 8.6 Pascua-Lama Silver Moz(2) 742 44.0 15.2 Buzwagi Pueblo Viejo Copper M lbs(2) 900 5,82
Slide 10: Exploration Targets / Gold vs The World's Paper
Barrick Gold Corporation Goldman Sachs Basic Materials Conference New York - May 2007 Exploration Targets(1) Donlin Creek Hemlo Goldstrike & Pipeline Pueblo Viejo Reko Diq Porgera Pascua-Lama Golden Mile > 20Moz Au > 5Moz Au (1) Refer to final slide point #4. Gold vs The World’s Paper 160% USD 140%
Slide 11: Valuations / Barrick's Opportunities
Barrick Gold Corporation Goldman Sachs Basic Materials Conference New York - May 2007 Valuations Barrick is trading at historic low valuation multiples Average Gold Price 50 $650 40 $600 30 $550 Price/EPS 20 $500 10 $450 Price/OCFPS 0 $400 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 05 05 05 05 06 06 06 06 07 0
Slide 12: Footnotes
Barrick Gold Corporation Goldman Sachs Basic Materials Conference New York - May 2007 Footnotes 1. Total cash costs is defined as cost of sales divided by ounces of gold sold or pounds of copper sold. Total cash costs exclude amortization expense and inventory purchase accounting adjustments. For fu
Barrick Gold — Goldman Sachs Basic Materials Conference 2007 on 6ix