PDF 2.27 MB - Barrick Gold Corporation
PDF 2.27 MB - Barrick Gold Corporation
PDF 2.27 MB - Barrick Gold Corporation
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Lowest Cost Senior<br />
Global <strong>Gold</strong> Industry Total Cash Cost Curve (1)<br />
$2,000<br />
$1,500<br />
US$/oz<br />
$1,000<br />
$500<br />
Peer Group 2012E Average (2) ~$740<br />
<strong>Barrick</strong> 2012E $550-$575 (3) 5<br />
$0<br />
Pueblo Viejo $300 to $350 (3)<br />
Pascua-Lama $0 to -$150 (3) 23% 23%<br />
̶ $500<br />
0% 25% 50% 75% 100%<br />
Cumulative Production<br />
(1) Source: GFMS (Q2 2012 data); reported total cash costs/oz (2) Peers include Newmont, <strong>Gold</strong>corp, Kinross, Anglo<strong>Gold</strong> and <strong>Gold</strong> Fields<br />
(3) See final slide #1 and #2<br />
<strong>Barrick</strong> Has Outperformed (5-Year CAGR)<br />
10%<br />
ABX<br />
13%<br />
KGC<br />
15% 15%<br />
NEM<br />
NCM<br />
17%<br />
GG<br />
NCM<br />
GG<br />
27% 27%<br />
KGC<br />
NEM<br />
34%<br />
ABX<br />
EBITDA (1)<br />
(per share)<br />
18%<br />
KGC<br />
12%<br />
GG<br />
19%<br />
NCM<br />
20%<br />
NEM<br />
22%<br />
ABX<br />
Total Cash Costs (1) Total Cash Margins (1) ABX<br />
Total <strong>Gold</strong> Inventory (2)<br />
(per share)<br />
3%<br />
NCM<br />
NEM GG<br />
2%<br />
KGC<br />
0%<br />
NCM<br />
GG<br />
NEM<br />
4%<br />
ABX ABX<br />
KGC<br />
-3%<br />
(1) Refer to final slide #1 (2) Refer to final slide #5. Includes proven and probable reserves, and measured, indicated and inferred resources.<br />
6
Change language