Barrick Mining Corporation · TSX:ABX
Barrick Mining — Barrick Gold — Q4 2007 Earnings Presentation
9 slides from Barrick Mining's earnings presentation, Feb 21, 2008
Slide 1: Fourth Quarter Results Conference Call
BARRICK GOLD CORPORATION Fourth Quarter Results Conference Call February 21, 2008 Strategy Investment Execution Results Fourth Quarter Results – February 21, 2008 Fourth Quarter Results Gregory Wilkins Peter Kinver Alex Davidson Jamie Sokalsky Patrick Garver President and C.E.O. Executive Vice Presi
Slide 2: Cautionary Statement on Forward-Looking Information
BARRICK GOLD CORPORATION Fourth Quarter Results Conference Call February 21, 2008 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 operatin
Slide 3: Projects Update
BARRICK GOLD CORPORATION Fourth Quarter Results Conference Call February 21, 2008 Projects Update Cortez Hills (100% basis) – Record of Decision expected in second half of 2008 – 950,000 to 1 million oz/yr (1,2) – $280-$290/oz cash costs (1,2,3) – cap-ex: $480-$500 million (4) Pueblo Viejo (100%
Slide 4: Fourth Quarter Results and 2007 Results
BARRICK GOLD CORPORATION Fourth Quarter Results Conference Call February 21, 2008 Fourth Quarter Results Gold production: 2.14 Moz at $375/oz(1) Copper production: 101 Mlbs at $0.81/lb(1) Net income of $537 M ($0.62/share) – increase of 28% from prior year Operating cash flow of $676 M ($0.7
Slide 5: 2008 Operating Guidance
BARRICK GOLD CORPORATION Fourth Quarter Results Conference Call February 21, 2008 2008 Operating Guidance GOLD: Production of 7.6-8.1 Moz Cash costs of $390-$415/oz (1) COPPER: Production of 380-400 Mlbs Cash costs of $1.15-$1.25/lb (1) (1) Refer to final slide point #1 Expanding Margins Glo
Slide 6: Fourth Quarter Operating Results; Growing Reserves
BARRICK GOLD CORPORATION Fourth Quarter Results Conference Call February 21, 2008 Fourth Quarter Operating Results Gold Production (‘000 ozs.) Australia Pacific South 566 America 620 Africa 136 North America Other 802 19 Total 2,143 at $375/oz(1) (1) Refer to final slide point #1 Growing Reserves P&
Slide 7: Growing Resources; Exploration Supergiant Targets
BARRICK GOLD CORPORATION Fourth Quarter Results Conference Call February 21, 2008 Growing Resources M&I Resources(1) Resource millions of ounces Replacement 26.637 50.6 3.131 Africa 14.954 35.0 N. America 2.729 3.201 S. America 4.970 3.579 1.498 Australia 3.582 Depletion Pacific/Asia to Reserves 11.
Slide 8: 2008 Exploration Budget; In Closing
BARRICK GOLD CORPORATION Fourth Quarter Results Conference Call February 21, 2008 2008 Exploration Budget(1) (dollars millions) Australia Pacific 60 South Africa 22 America 44 North Other America 8 66 Total $200 million (1) Refer to final slide point #3 In Closing Strong financial and operating re
Slide 9: Footnotes
BARRICK GOLD CORPORATION Fourth Quarter Results Conference Call February 21, 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 furthe