Barrick Mining Corporation · TSX:ABX

Barrick Mining — Barrick Gold — Q2 2009 Earnings Presentation

9 slides from Barrick Mining's earnings presentation, Jul 30, 2009

  1. Slide 1: Second Quarter 2009 Results Conference Call / Webcast

    Barrick Gold Corporation Second Quarter 2009 Results Conference Call July 30, 2009 Second Quarter 2009 Results Conference Call / Webcast July 30, 2009 1 CAUTIONARY STATEMENT ON FORWARD‐LOOKING INFORMATION Certain information contained in this presentation, including any information as to our strateg

  2. Slide 2: Second Quarter Highlights

    Barrick Gold Corporation Second Quarter 2009 Results Conference Call July 30, 2009 Second Quarter Highlights ƒ Strong operating quarter exceeds plan – on track with 2009 operating guidance ƒ Net income of $492 million ($0.56/share) ƒ Cash flow rises 42% to $718 million ƒ Pascua-Lama go-ahead decisio

  3. Slide 3: Buzwagi in Production / Cortez Hills Project Update

    Barrick Gold Corporation Second Quarter 2009 Results Conference Call July 30, 2009 Buzwagi in Production ƒ In line with $400 M capital budget(1) ƒ ~200 K oz at total cash costs of ~$335/oz(1) in 2009 (1) See final slide #2 First gold pour May 4, 2009 5 Cortez Hills Project Update ƒ First gold expect

  4. Slide 4: Cortez Hills and Pueblo Viejo Project Updates

    Barrick Gold Corporation Second Quarter 2009 Results Conference Call July 30, 2009 Cortez Hills Project Update ƒ Construction ~60% complete ƒ In line with $500 M(1) capital budget Carbon Column Plant Truck Shop Pre-stripping (1) See final slide #2 7 Pueblo Viejo Project Update ƒ Large, long life, lo

  5. Slide 5: Pueblo Viejo Project Update / Building Pascua-Lama

    Barrick Gold Corporation Second Quarter 2009 Results Conference Call July 30, 2009 Pueblo Viejo Project Update ƒ On track with $2.7 B(1) capital budget ƒ Engineering and design more than 2/3 complete ƒ Autoclave and oxygen plant construction on schedule ƒ +25 year mine life from reserves of 22.4 M o

  6. Slide 6: Building Pascua-Lama / Cost Management

    Barrick Gold Corporation Second Quarter 2009 Results Conference Call July 30, 2009 Building Pascua‐Lama ƒ Pre-production capital of $2.8-$3.0 B(1) (1) ƒ Commissioning late 2012 ƒ Strong government support ƒ High employment interest (1) See final slide #2 Detailed Engineering 11 Cost Management ƒ New

  7. Slide 7: Financial Results / Margin Expansion

    Barrick Gold Corporation Second Quarter 2009 Results Conference Call July 30, 2009 Financial Results ƒ Realized gold price of $931 per ounce(1) – vs spot price of $922 per ounce ƒ Realized copper price of $3.18 per pound(1) – vs spot price of $2.12 per pound ƒ Net income of $492 M ($0.56/share) ƒ Ad

  8. Slide 8: Margin Expansion / Gold and the US Dollar

    Barrick Gold Corporation Second Quarter 2009 Results Conference Call July 30, 2009 Margin Expansion Total Cash Costs(1) vs Gold Prices 931 Average US$ per ounce 915 873 Realized Price(1) 621 431 479 Margin 430 545 439 276 392 265 484 Total Cash Cost 443 452 180 214 345 280 212 225 04 05 06 07 08 Q1

  9. Slide 9: In Closing / Footnotes

    Barrick Gold Corporation Second Quarter 2009 Results Conference Call July 30, 2009 In Closing ƒ Original 2009 operating guidance maintained ƒ 7.7-8.1 M oz in 2010 at lower cash costs ƒ Buzwagi pours gold on time and in line with budget ƒ Cortez Hills and Pueblo Viejo on schedule ƒ Pascua-Lama in con

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