Barrick Mining Corporation · TSX:ABX
Barrick Mining — Barrick Gold — Q1 2007 Earnings Presentation
10 slides from Barrick Mining's earnings presentation, May 2, 2007
Slide 1: First Quarter 2007 Results
BARRICK GOLD CORPORATION First Quarter 2007 Conference Call May 2, 2007 First Quarter Results May 2, 2007 First Quarter Results Gregory Wilkins Peter Kinver Alex Davidson Jamie Sokalsky Patrick Garver President and C.E.O. Executive Vice President Executive Vice President Executive Vice President Exe
Slide 2: Cautionary Statement on Forward-Looking Information
BARRICK GOLD CORPORATION First Quarter 2007 Conference Call May 2, 2007 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 operating performa
Slide 3: First Quarter Highlights
BARRICK GOLD CORPORATION First Quarter 2007 Conference Call May 2, 2007 First Quarter Highlights On track with 2007 guidance – 8.1 to 8.4M ounces of gold at $335-350 /oz – 400M lbs of copper ~ $0.90/lb Increased semi-annual dividend to $0.15 per share Advanced our pipeline of projects – Ruby H
Slide 4: Expanding Margins; Financial Highlights
BARRICK GOLD CORPORATION First Quarter 2007 Conference Call May 2, 2007 Expanding Margins Spot Est. 675 Total Cash Costs vs Realized Gold Prices US dollars per ounce 541 325 -340 439 391 259 386 366 Margin 339 73 212 177 335 177 313 162 282 -350 227 Total 214 Cash 177 189 Cost 02 03 04 05 06 Q1 Now
Slide 5: First Quarter Operating Results; Project Pipeline
BARRICK GOLD CORPORATION First Quarter 2007 Conference Call May 2, 2007 First Quarter Operating Results Gold Production Total Cash Costs (‘000 ozs.) ($ per oz.) North America 786 $352 South America 569 $145 Australia Pacific 490 $426 Africa 178 $328 Other 6 $316 2,029 $313 Project Pipeline EXPLORATI
Slide 6: Projects Update
BARRICK GOLD CORPORATION First Quarter 2007 Conference Call May 2, 2007 Projects Update Cortez Hills, Nevada Advance engineering & procurement 50% complete Underground development ahead of schedule Delivery of mining equipment continues on plan Cross valley dewatering pipeline completed 15
Slide 7: Projects Update
BARRICK GOLD CORPORATION First Quarter 2007 Conference Call May 2, 2007 Projects Update Buzwagi, Tanzania Detailed engineering progressing to plan Procurement of mining processing equipment underway Donlin Creek, Alaska Feasibility study progressing to schedule Geotechnical drilling complete
Slide 8: Exploration 2007 Budget
BARRICK GOLD CORPORATION First Quarter 2007 Conference Call May 2, 2007 Exploration 2007 Budget $170 million Africa South $23 America $29 Australia Pacific North $49 America $69 Cortez Hills Lower Zone 8
Slide 9: Pueblo Viejo Exploration
BARRICK GOLD CORPORATION First Quarter 2007 Conference Call May 2, 2007 Pueblo Viejo Resource definition drilling as well as new resource addition drill programs in progress – Positive results from holes targeting northeast Monte Negro – In-fill drilling at West Moore Pit – Drilling of high priori
Slide 10: Barrick Now
BARRICK GOLD CORPORATION First Quarter 2007 Conference Call May 2, 2007 Barrick Now Gold Production: 8.1-8.4 M ozs @ $335-$350/oz Copper Production: 400 M lbs @ ~ $0.90/lb All gold is now being sold at spot prices Copper price participation up to $3.58/lb on Copper-Linked Notes $3Bn in cas