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MINING FOR A NEW WORLD

Annual Report 2020 Delivering the futureMINING FOR A NEW WORLDB arrick Gold Corporationis a business, and like any commercial enterprise it has to change with the times if it is to survive, let alone prosper. In recent years, the WORLD has changed fundamentally, with paradigms shifting almost beyond recognition. Artificial intelligence is transforming the way we communicate, make decisions and execute them. Growing concerns about climate change as well as race and gender inequality are driving thousands of protesters into the streets. Governments have responded to their demands through legislation; major funds have made the newly minted metric, ESG, a prime investment has not needed to respond hastily to changing values and expectations.

AISC $1,800 - 2,100 MILLION TOTAL ATTRIBUTABLE GOLD & COPPER CAPEX 15 20 25 30 Share Price $ 23% Barrick Share Price (NYSE : GOLD) $1.90 - 2.10/lb COST OF SALES i 410 - 460Mlb COPPER PRODUCTION $1.40 - 1.60/lb C1 CASH COSTS $2.00 - 2.20/lb AISCi Zero debt, net of cash from $13.4bn in 2013 Operating cash flow of $4b5. ec nr , odr annual free ...

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