Barrick Mining Corporation · TSX:ABX
Barrick Mining — Technical Presentation (January 2023)
41 slides from Barrick Mining's technical presentation, January 2023
Slide 1: RAID Site Visit to North Mara
RAID Site Visit to North Mara January 2023
Slide 2: Cautionary Statement and Forward-Looking Information
Cautionary Statement and Forward-Looking Information Certain information contained or incorporated by reference in this presentation, including any information as to our sustainability strategy and vision, projects, plans, or future financial or operating performance, constitutes “forward-looking st
Slide 3: Agenda
Agenda Operating Context Background Barrick Sustainability Strategy Environmental Management TSF and Water Management Community Management Engagement Grievance Mechanism Development and Local Impact Security Management 3
Slide 4: North Mara Gold Mine, Tanzania
North Mara Gold Mine Tanzania 4
Slide 5: North Mara is located in northern Tanzania, near the Kenya border
North Mara is located in northern Tanzania, near the Kenya border Uganda Kenya 5
Slide 6: Located within the Mara Region, which borders Kenya and Uganda
Located within the administrative Mara Region, which borders both Kenya and Uganda Bulyanhulu 300km away and the North closed Buzwagi is 340km away Mara 800 km from Dar es Salaam Bulyanhulu Kenyan capital less than 300km away Buzwagi Remote area of the country Porous Kenyan border is <15km from the
Slide 7: North Mara Gold Mine owns two mining licences
Nyamwaga Village Nyakunguru Komarera Village Village GOKONA North Mara Gold Mine owns two mining licences: Gokona Rama Kewanja Haul road connecting Village the two licences Kerende 11 neighbouring Nyangoto Village villages Matongo Village Village Genkuru Village RAMA Mjini Kati Village Msege Nyabich
Slide 8: Context of Mara Region
Context of Mara Region Significant in-migration into the area; both Tanzanian and from Kenya and neighbouring countries Limited economic opportunities in the region, stressed administrative services and civil unrest related to poverty Illegal activities including poaching, illegal mining (local and
Slide 9: Illegal mining
Illegal mining Environmental contamination: Use of chemicals including CN and Hg. No environmental protections Groundwater and surface water contamination risk No rehabilitation or remediation Injuries and deaths, including sustained by children, recorded from falls and blasting Conflict occurs with
Slide 10: History of North Mara: Ownership
History of North Mara: Ownership 2002 – North Mara Gold Mine (NMGM) opened under Afrika Mashariki Gold Mines, which later became part of Placer Dome 2006 – Barrick acquired Placer Dome and thus NMGM 2010 – African Barrick Gold listed on LSE and became owner of NMGM. Barrick retained 63.9% shareholdi
Slide 11: Twiga Partnership
Twiga Partnership Partnership Model that is first of its kind globally and created a model for state participation 16% Free Carried Interest to the Government for each Mineral Right, as provided by Law Settled all existing Disputes between the Government of Tanzania and Acacia Management of operatin
Slide 12: Since 2019 Acquisition of Acacia by Barrick
Since 2019 Acquisition of Acacia by Barrick Renewal of Social Licence to Operate and rebuilt trust through: Coherent Community Development Plans and established Community Development Committees: Empowered community involvement and decision making Infrastructure development and economic development p
Slide 13: Group Sustainability Strategy
Group Sustainability Strategy Our Principles To create long-term value for our stakeholders: Contribute to the social and economic development of our host countries and communities Protect the safety and health of our workforce Respect human rights Manage our impacts on the natural environment today
Slide 14: A Holistic Approach to Sustainability
A Holistic Approach to Sustainability Barrick’s approach to poverty alleviation, “The challenges of fighting poverty, climate change and climate resilience and biodiversity biodiversity loss are deeply connected, and we have no option but to tackle them together through a holistic and integrated app
Slide 15: Environmental Management
Environmental Management 15
Slide 16: TSF and Water Management
TSF and Water Management Water Accumulation on the TSF was an old legacy and resulted in the issuance of the 2009 Environmental Protection Order (EPO) to Acacia Non-correction led to standoff between Acacia and Government agencies charged with monitoring the situation, incl. interministerial committ
Slide 17: Actions completed as committed to NEMC
Actions completed as committed to NEMC Contracted TSF Management to a specialized team Appointed APP for the NMGM TSF Compiled a comprehensive site-wide water and salt balance Constructed cut off trenches around the TSF to capture seepage previously going into the environment. Water is collected and
Slide 18: TSF Specialist Studies Completed
TSF Specialist Studies Completed Requested Study /Area Date Key reason for a study Findings Status by Oct 2020 to Understanding TSF foundation/Establish Competent founding conditions with weathered rock at 2 m depth – Geotechnical Investigation MoW, NEMC Completed May 2021 the Stability of the TSF f
Slide 19: Groundwater Monitoring
Groundwater Monitoring During the hydro-census investigation, upstream as well as downstream community boreholes were sampled The upstream samples were collected as background indicators and the downstream boreholes were sampled to evaluate any potential impacts from the TSF None of the parameters e
Slide 20: Water Treatment Capacity
Water Treatment Capacity Low Recovery Plant (LRP)- 40MLD High Recovery Plant (HRP)-Brine Treatment Plant-12MLD 20
Slide 21: Progress To Date
Progress To Date March 2020 May 2020 February 2021 May 2021 December 2021 August 2022 21
Slide 22: Participatory Water Quality Monitoring
Participatory Water Quality Monitoring Participatory water monitoring is being undertaken on a quarterly basis Multiple stakeholders meet to take water samples at monitoring locations around the community Results for the prior quarter are shared through the same forum Sample collection from communit
Slide 23: Community Management
Community Management 23
Slide 24: Community Engagement
Community Engagement Village leaders, Religious leaders, clan elders Mine Youth, Women and the Vulnerable Our focus and commitment Contractors + Community &Service 01 economic groups We listen to community stakeholders providers and incorporate their input into our decision-making National, Region
Slide 25: Stakeholder Engagement
Stakeholder Engagement Areas of Engagement Water and Environmental management Security and Human Rights awareness: security awareness creation with host communities, information sharing especially on trespassers and youth Local Content – local business opportunities, local employment and community d
Slide 26: Engaged NGOs
Name of NGO Area of Interest Engaged NGOs Mara Development Organization (MADEO) Tanzania Home Economics Association – TAHEA Local Content Local Content Area of Safe Society Platform Tanzania Security and Human Rights Name of NGO Interest Children’s Dignity Forum Security and Human Rights Internation
Slide 27: Engaged NGOs
Engaged NGOs Following engagement and site visit, NGOs provide feedback and continued dialogue to work together for collective improvement and project implementation in the community Examples of NGOs-led projects include: Grievance mechanism review and continued awareness campaign Human Rights train
Slide 28: Grievance Mechanism
da BARRICK Twi Grievance Mechanism — eee CHANNELS FOR SUBMITTING GRIEVANCES: I Village Leaders/VEO/VC/HCP — will hold grievance books and receive grievances from community members (directly impacted GRIEVAI MANAGEMENT FLOWCHART ‘Stop 1: Receive Griovance Sep 2:Sereen Grievance communities) CRO/SES —
Slide 29: Grievance Mechanism Awareness
Grievance Mechanism Awareness 29
Slide 30: Grievance Mechanism
Grievance Mechanism Should a human rights-related grievance be lodged, it is escalated through to Corporate Level with Risk and Assurance for immediate assessment Corporate Whistleblower and Grievance Hotline: Available online Available toll free Interpreters available for all languages spoken at Ba
Slide 31: NMGM Grievance Management
NMGM Grievance Management 2022 Annual Summary 2022 Grievance Categories 1 2 2022 Received grievances: 41 5 Resolved Grievances: 32 Grievance resolution committee formed for timely resolution of grievances 18 8 Grievance procedure rolled out in all 11 villages surrounding the Mine and within relevant
Slide 32: Community Development Committee (CDC)
Community Development Committee (CDC) “We believe that no one knows the needs of local communities better than the communities themselves.” The role of the CDC is to allocate the community investment budget to those projects and initiatives most needed and desired by local stakeholders Each CDC is e
Slide 33: Community Development Pillars
Community Development Pillars Food Security Water and Environment Access to Health Care Local Economic Development Education and Skills Development 33
Slide 34: Community Health Programs
Community Health Programs HIV testing was provided to nearly 3 000 people. The HIV infection rate dropped from 2% in 2021 to 1.8% in 2022 TB testing was also conducted. 435 total individuals were screened. Provided medication to positive cases (positivity rate was 0.46 % in 2022). TB infection rate
Slide 35: Community Development: Progress
Community Development: Progress Since Barrick assumed operational control in 2019, it has invested over $ 7m on community initiatives Improved school and health infrastructures e.g. class rooms, teachers’ houses, paediatric ward, maternal ward, laboratory, pharmacy buildings, etc. Community water in
Slide 36: Community Development
Community Development 2.95km Tarmac Road: Investing in Water project to benefit over 30,000 Improving learning and teaching infrastructure for socio-economic people environment development Human Rights and Gender Based Youth income generating activities through Completed Dispensaries/ Health Centres
Slide 37: Local Community Commitment: Addressing the Root Cause
Local Community Commitment: Addressing the Root Cause Sustainability means delivering long term value to ALL stakeholders. This means developing and uplifting livelihoods through the primacy of partnership: local employment, local procurement which in turns employs more people, and investing in comm
Slide 38: Security Management
Security Management 38
Slide 39: Barrick Approach to Security and Human Rights
Barrick Approach to Security and Human Rights Following the merger between Barrick and Randgold, opportunity to review respective policies and standards and merge from best of both companies: Revised the Group Human Rights Policy New Group Standard on Voluntary Principles on Security and Human Right
Slide 40: Memorandum of Understanding
Memorandum of Understanding MoU is considered best practice and common practice for extractives Establishes agreed activities between the company and State security MoU in place between NMGM and the Tanzanian Police Force Based on the Voluntary Principles and UNGPs MoU includes mechanisms for: Train
Slide 41: North Mara Conclusion
North Mara Conclusion Security is a necessity to protect the lives of our employees and assets from coordinated and armed intruders. Illegal mining impacting the environment No weapons on site, no weapons for private security. NMGM does not exert control over, direct or instruct Tanzanian Police For
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