Barrick Mining Corporation · TSX:ABX
Barrick Mining — Barrick Gold — 8th International Gold Symposium 2008
12 slides from Barrick Mining's conference presentation, May 20, 2008
Slide 1: 8th International Gold Symposium, Lima
BARRICK GOLD CORPORATION 8th International Gold Symposium Lima - May 20, 2008 Octavo Simposium Internacional Del Oro Lima, Peru – May 20-22, 2008 CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION Certain information contained or incorporated by reference in this presentation and related material,
Slide 2: State of the Gold Industry: A New Paradigm for Gold
BARRICK GOLD CORPORATION 8th International Gold Symposium Lima - May 20, 2008 State of the Gold Industry A New Paradigm for Gold Political Risk Rising Costs Replacing Production and Reserves Social License A New Paradigm for Gold Re-emergence of global inflation Monetary reflation – ne
Slide 3: Growth in Emerging Markets; Declining Mine Supply
BARRICK GOLD CORPORATION 8th International Gold Symposium Lima - May 20, 2008 Growth in Emerging Markets % of Total Consumer Gold Demand* GDP Increase Source: GFMS Source: The Economist 30% 27 11.2 12% 25% 10% 8.4 7.7 20% 8% 15% 13 6% 10% 9 3.4 3.5 4% 5 5% 3 2% 0% 0% India China Turkey S. Arabia Rus
Slide 4: Political Risk; Few New Discoveries
BARRICK GOLD CORPORATION 8th International Gold Symposium Lima - May 20, 2008 Political Risk Mozs 90 80 70 46% Rest of World 60 65% 50 40 30 54% 20 S. Africa, USA, Australia, Canada 35% 10 0 95 97 99 01 03 05 07 Source: GFMS Few New Discoveries US$ billions Mozs Exploration Spending 90 4 80 70 3 60
Slide 5: Barrick's Geopolitical Profile; Rising Costs
BARRICK GOLD CORPORATION 8th International Gold Symposium Lima - May 20, 2008 Barrick’s Geopolitical Profile Production (2) P&P Reserves (1) (2) North America North America 40% Other 1% 36% Africa 7% Africa South 15% South America Australia America 26% Australia Pacific 32% Pacific Peru 26% 17% 20%
Slide 6: Replacing Production and Reserves
BARRICK GOLD CORPORATION 8th International Gold Symposium Lima - May 20, 2008 Replacing Production and Reserves(1) Donlin Creek Goldstrike Hemlo & Cortez Reko Diq Pueblo Viejo Porgera Cerro Casale Golden Mile & Pascua-Lama +20Moz Supergiant Barrick Deposits (1) Refer to final slide point #3 Record o
Slide 7: Significant Resource Growth; Deepest Project Pipeline
BARRICK GOLD CORPORATION 8th International Gold Symposium Lima - May 20, 2008 Significant Resource Growth M&I Resources(1) Inferred Resources(1) millions of ounces millions of ounces 50.6 +15.6 Moz 35.0 31.9 24.9 +7.0 Moz 2006 2007 2006 2007 (1) Refer to final slide point #2 Deepest Project Pipeline
Slide 8: Most Advanced Gold Projects
BARRICK GOLD CORPORATION 8th International Gold Symposium Lima - May 20, 2008 Most Advanced Gold Projects Other Advanced Gold Projects 8
Slide 9: Social License: Economic Contribution
BARRICK GOLD CORPORATION 8th International Gold Symposium Lima - May 20, 2008 Social License Barrick’s Local / Regional Goods and Services Economic Contribution $6.6 B $4.1 in 2007 $1.0 Wages and Benefits $1.5 Royalties, Taxes and Voluntary Payments Economic Contribution 9
Slide 10: Focus on Health & Education; Business Development in Peru
BARRICK GOLD CORPORATION 8th International Gold Symposium Lima - May 20, 2008 Focus on Health & Education Partnerships with World Vision, AMREF and Care Improving access to essential services Combating malnutrition Helping mothers and community leaders Business Development in Peru Cuncashc
Slide 11: Protecting the Environment; Positioned for Rising Prices
BARRICK GOLD CORPORATION 8th International Gold Symposium Lima - May 20, 2008 Protecting the Environment Water Conservation Standard – all operations by 2009 Cyanide Safety – International Cyanide Management Code Positioned for Rising Prices Deep project pipeline Operating and mine building
Slide 12: Footnotes
BARRICK GOLD CORPORATION 8th International Gold Symposium Lima - May 20, 2008 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 in