Slide 1: Facts & Figures
Facts & Figures May 2022 Best Assets + Best People = Best Sustainable Returns 2021 HIGHLIGHTS ALL AMOUNTS EXPRESSED IN US DOLLARS WHY INVEST IN BARRICK SHAREHOLDER DISTRIBUTION GROUP GOLD PRODUCTION NET EARNINGS DEBT, NET OF CASH Best asset base 4.4 $2,022 $(130) PER SHARE1 79 Largest portfolio of b
Slide 2: Our Extensive Land Positions
OUR EXTENSIVE LAND POSITIONS IN MANY OF THE WORLD’S MOST PROLIFIC GOLD DISTRICTS 2
Slide 3: 2022 Guidance
2022 GUIDANCE 5 GOLD COPPER 4.2 – 4.6 Moz 420 – 470 Mlb GROUP GOLD PRODUCTION GROUP COPPER PRODUCTION $1,070 – $1,150 $2.20 – $2.50 COST OF SALES PER OUNCE6 COST OF SALES PER POUND6 $730 – $790 $1.70 – $1.90 TOTAL CASH COSTS PER OUNCE7 C1 COSTS PER POUND8 $1,040 – $1,120 $2.70 – $3.00 AISC PER OUNCE
Slide 4: 10-Year Gold Production Outlook
10-YEAR GOLD PRODUCTION OUTLOOK Note i / Gold Equivalent Ounces (GEO) are calculated using reserve prices – $1,200/oz for gold and $2.75/lb for copper Note ii / Production excludes Porgera Note iii / Refer to Endnote 5 for assumptions used in our five-year indicative outlook and ten-year gold produc
Slide 5: The Gold Standard in Sustainability
THE GOLD STANDARD A sustainability strategy IN SUSTAINABILITY built on four pillars Our sustainability vision is to create long-term value for all of our stakeholders. We live our vision by embedding environmental, social and economic considerations into all of our business decisions. TAKING ESG TO
Slide 6: Nevada Gold Mines
NEVADA GOLD MINES Nevada Gold Mines (NGM) is the single largest gold-mining complex in the world, producing more than 3 million ounces a year.* NGM has embarked on a project to replace the last of its coal- Owned 61.5% and operated by Barrick, it comprises three of the company’s Tier One powered sta
Slide 7: Pueblo Viejo
PUEBLO VIEJO Pueblo Viejo consists of two open pits, Moore and Monte Negro, with processing through autoclaves. Pueblo Viejo is a conventional truck and shovel mining operation where commercial production began in 2013. The mine is approximately 100 kilometres northwest of the national capital of Sa
Slide 8: Loulo-Gounkoto
LOULO-GOUNKOTO The Loulo-Gounkoto complex comprises the Yalea and Gara underground operations, the Gounkoto open pit operation as well as a number of satellite deposits. The complex is located 500km north west of the Malian capital of Bamako on the border with Senegal. Production at Loulo started in
Slide 9: Kibali
KIBALI Kibali was developed by legacy Randgold and ranks as one of the largest gold mines in Africa. Kibali comprises an integrated open pit and underground operation, as well as a 7.2 million tonnes per annum processing plant. First gold was poured in 2013 from open pit operations, while full under
Slide 10: Copper Portfolio
COPPER PORTFOLIO LUMWANA ZALDÍVAR JABAL SAYID Lumwana is a conventional open pit truck and Zaldívar is a 50/50 joint venture with Antofagasta Jabal Sayid is located 350 kilometres north-east shovel operation. The 100%-owned mine is located Plc, the operator of the mine. The open-pit, heap of Jeddah
Slide 11: Exploration
EXPLORATION Successful exploration is the lifeline for any mining company, being to mining what research and development is to the pharmaceutical industry. Both Barrick and Randgold were built on pioneering exploration Our strategy is to: success as well as significant reserve additions that followe
Slide 12: Key Numbers / Investing in Our Future
KEY NUMBERS Financial Results 2021 2020 INVESTING IN OUR FUTURE Realized gold price12 $ per ounce 1,790 1,778 Gold reserves replaced after depletion by mining Net earnings $ millions 2,022 2,324 Adjusted net earnings2 2,065 2,042 ATTRIBUTABLE CONTAINED ATTRIBUTABLE CONTAINED $ millions Net cash prov
Slide 13: Endnotes
ENDNOTES Endnote 1: Declared in respect of the 2021 fiscal year compared to the 2020 fiscal year. • Production from Pierina and Golden Sunlight, which are currently in closure • Production from long-term greenfield optionality from Donlin, Pascua-Lama, Norte Abierto or Alturas Endnote 2: “Adjusted n
Slide 14: Technical Information
only and does not have any standardized definition under IFRS and should not be considered in isolation or as a 2.22g/t representing 4.9 million ounces of gold. Pueblo Viejo measured resources of 63 million tonnes grading 2.03g/t substitute for measures of performance prepared in accordance with IFR
Slide 15: Appendix A Project Pipeline
APPENDIX A conditions and expected developments, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those PROJECT PIPELINE projected in the forward-looking statements