Barrick Mining Corporation · TSX:ABX
Barrick Mining — Barrick Gold — RBC Capital Markets Global Gold Mining Conference 2007
9 slides from Barrick Mining's conference presentation, Nov 15, 2007
Slide 1: Cautionary Statement on Forward-Looking Information
BARRICK GOLD CORPORATION London - November 14-15, 2007 London November 14-15, 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 operati
Slide 2: 2007 Highlights; Operating & Financial Highlights
BARRICK GOLD CORPORATION London - November 14-15, 2007 2007 Highlights Strong gold price fundamentals – Price poised to challenge 1980 high Margins expand to $311/oz in Q3 Expecting ~ 8.1Moz at ~ $350/oz for 2007(1) – in line with original full year guidance Build-out of industry’s deepest p
Slide 3: Expanding Margins; Industry's Deepest Pipeline
BARRICK GOLD CORPORATION London - November 14-15, 2007 Expanding Margins +800 Current Total Cash Costs vs Gold Prices Spot Price US dollars per ounce 681 Realized Price Q3 541 502 311 Margin 439 391 259 366 173 339 212 370 Total 177 177 329 Cash Cost 162 282 214 227 177 189 1st 3rd Half Qtr. 02 03 0
Slide 4: Projects Contribution; Industry Cost Pressures
BARRICK GOLD CORPORATION London - November 14-15, 2007 Projects Contribution Reserves(1,4) Resources(1,4) Projects Minerals P&P M&I Inferred Cortez (2) Gold Moz 37 19.3 8.9 Pascua-Lama Silver Moz 742* 44.0* 15.2* Buzwagi Pueblo Viejo Copper M lbs 900* 5,824 4,352 Donlin Creek(5) Platinum Moz 2.2 3.0
Slide 5: Cerro Casale – Location Map; Kainantu – Location Map
BARRICK GOLD CORPORATION London - November 14-15, 2007 Cerro Casale – Location Map Antofagasta Zaldívar Cerro Casale CHILE Pascua-Lama Veladero La Serena ARGENTINA San Juan 0 miles 100 200 300 400 500 Kainantu – Location Map
Slide 6: Exploration Supergiant Targets; Reserve Replacement
BARRICK GOLD CORPORATION London - November 14-15, 2007 Exploration Supergiant Targets Donlin Creek Hemlo Goldstrike & Cortez Pueblo Viejo Reko Diq Porgera Kainantu Pascua-Lama Cerro Casale Golden Mile > 20Moz Au > 5Moz Au Reserve Replacement Reserves replaced every year since 2000 Dominant posit
Slide 7: Cortez Hills – Lower Zone; Pueblo Viejo – Monte Oculto
BARRICK GOLD CORPORATION London - November 14-15, 2007 Cortez Hills – Lower Zone Drill Status Map N Pre-2007 Significant Intercept No Significant Intercept Cortez Hills Reserve 2007 Lower Footprint Significant Intercept Zone Resource No Significant Intercept Footprint Assays / Logging Pending l t au
Slide 8: Valuations; Outlook
BARRICK GOLD CORPORATION London - November 14-15, 2007 Valuations Barrick is trading at historically low valuation multiples 60 $700 Average Gold Price 50 $650 40 $600 30 $550 S&P 500 Earnings Multiple 20 $500 Price to Earnings / share * 10 $450 Price to OCF / share * 0 $400 Q1-05 Q2-05 Q3-05 Q4-0
Slide 9: Footnotes
BARRICK GOLD CORPORATION London - November 14-15, 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 further information on this opera
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