ABX.TO · 2022-11-03

Presenting the company’s third-quarter results, Bristow said a steady performance had paved the way for a stronger Q4, driven by access to higher grades at Nevada Gold Mines (NGM). Its exploration drive continues to build momentum

Production Results Financials

Q3 Results Release

DISCIPLINED STRATEGY EXECUTION SUPPORTS SUSTAINED VALUE CREATION AT BARRICK

ALL AMOUNTS EXPRESSED IN U.S. DOLLARS ON TRACK TO ACHIEVE

LONDON, November 3, 2022 — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) remains on track to achieve 2022 PRODUCTION TARGETS its 2022 production guidance despite some short-term operational challenges and rising input costs, president and chief executive Mark Bristow said today.

ON TRACK TO GROW RESERVES Presenting the company’s third-quarter results, Bristow said

NET OF DEPLETION BY YEAR END a steady performance had paved the way for a stronger Q4, driven by access to higher grades at Nevada Gold Mines (NGM). Its exploration drive continues to build momentum and Barrick is set once again to grow its reserves net of depletion this year.

Q3 OPERATING CASH FLOW

Operating cash flow for the quarter was $758 million and was supplemented by the sale of non-core royalty assets. $758 MILLION The robust balance sheet supported a $0.10 per share base dividend plus a $0.05 per share performance dividend for a total of $0.15 per share for the quarter. Under the $1 billion share buyback program, $322 million¹ of shares have Q3 NET EPS been repurchased to date, or approximately 1% of Barrick’s $0.14

Q3 NET CASH² $145 MILLION

issued and outstanding shares at the time the program was Q3 ADJUSTED NET EPS³

$0.13

announced.

“Barrick’s core strategy is one of long-term value creation and our focus remains firmly on this goal. We continue to maintain a strong balance sheet and to develop our wealth

$0.15 PER SHARE $322 MILLION of organic growth projects. We also keep a sharp lookout for M&A opportunities, but those that could pass our strict DIVIDEND FOR Q3 $1 BILLION BUYBACK PROGRAM⁴IN 2022

OF SHARES REPURCHASED UNDER

investment filters are few and far between,” Bristow said.

CONTINUED ON PAGE 3

4	5	9	10
TAILINGS	NEXT IN NEVADA	TANZANIA	COMMITMENT
DISCLOSURE		GROWTH	TO COPPER

UPDATED

Key Performance Indicators

Financial and Operating Highlights Best Assets

Steady Q3 performance with grade uplift in

Financial Results	Q3 2022	Q2 2022 Q3 2021
Realized gold price5,6 ($ per ounce) Net earnings ($ millions) Adjusted net earnings3 ($ millions) Net cash provided by operating activities ($ millions) Free cash flow7 ($ millions) Net earnings per share ($) Adjusted net earnings per share3 ($) Attributable capital expenditures8,9 ($ millions)	1,722 241 224 758 (34)	1,861 1,771 488 347 419 419 924 1,050 169 481 0.27 0.20 0.24 0.24 587 456
	0.14
	0.13
	609
Operating Results	Q3 2022	Q2 2022 Q3 2021
Gold Production6 (000s of ounces) Cost of sales (Barrick's share)6,10 ($ per ounce) Total cash costs6,11 ($ per ounce) All-in sustaining costs6,11 ($ per ounce)	988 1,226 891 1,269	1,043 1,092 1,216 1,122 855 739 1,212 1,034
Copper Production6 (millions of pounds) Cost of sales (Barrick's share)6,10 ($ per pound) C1 cash costs6,12 ($ per pound) All-in sustaining costs6,12 ($ per pound)	123 2.30 1.86 3.13	120 100 2.11 2.57 1.70 1.85 2.87 2.60

Q4 to drive delivery of 2022 gold production targets

Strong production performance at Lumwana and Jabal Sayid has copper trending at midpoint of guidance
Another milestone reached at Goldrush with conclusion of draft EIS public comment period
New exploration management team builds momentum with strong results from a range of exciting targets across portfolio
On track to grow reserves net of depletion by year end

Leader in Sustainability

Renewed focus on Visible Felt Leadership shows improvement in safety at NGM
All NGM sites retained ISO 14001 and ISO 45001 accreditation during the quarter
Zero Class 1 or high significance environmental incidents¹³
Progress against Global Industry Standard on Tailings Management and against selfassessment plans completed for all ‘very high’ and ‘extreme’ consequence classifications
Pueblo Viejo new tailings storage facility Environmental and Social Impact Assessment (ESIA) completed to the Dominican Government’s Terms of Reference

Delivering Value

Operating cash flow of $758 million plus

Q3 2022 Results Presentation

further value capture from sale of royalty

Webinar and Conference Call

portfolio President and CEO Mark Bristow will host a live

Net earnings per share of $0.14 and adjusted

presentation of the results today at 11:00 EDT, with an interactive webinar linked to a conference call. Participants net earnings per share³ of $0.13 for the will be able to ask questions.

quarter Go to the webinar ▪ Net cash of $145 million² results in a $0.15 US and Canada (toll-free), 1 800 319 4610 per share dividend for Q3 2022, inclusive of UK (toll-free), 0808 101 2791 $0.05 per share performance dividend International (toll), +1 416 915 3239

A further 9 million shares repurchased under

The Q3 2022 presentation materials will be available on buyback program (~$141 million) in Q3 2022 Barrick’s website at www.barrick.com and the webinar will bringing the total year-to-date to $322 million⁴ remain on the website for later viewing.

BARRICK THIRD QUARTER 2022 2 PRESS RELEASE

CONTINUED FROM PAGE 1 Lumwana in Zambia, where ongoing exploration is pointing to the potential for a superpit which could extend the mine’s life “Sustainability is the cornerstone of our business, as it has to 2060.

been for the past 20 years. We have adopted a holistic and integrated approach to this critical issue, and are not only At NGM, the North Leeville target has reported a maiden prioritizing the environment portion of ESG metrics. This is inferred resource of 700,000 ounces (100% basis as of more attuned to the ethical and developmental needs of December 31, 2021)¹⁸ and is set for further growth. Bristow many of our host countries, and is already delivering results,”

says Barrick is looking at other opportunities in Nevada and Bristow said.

elsewhere in North America. In Africa, key structures in the Loulo district are demonstrating the potential for further Highlights of the quarter include the completion of the public discoveries and in the Democratic Republic of Congo, Kibali’s comment phase of NGM’s Goldrush project and continuing prolific KCD structure continues to deliver growth.

progress with the Pueblo Viejo expansion project, designed to extend the life of the mine beyond 2040 at an annual “Barrick is successfully executing its strategy to create the production rate in excess of 800,000 ounces of gold (100% world’s most valued gold and copper mining company basis).¹⁴ The definitive agreements on the Reko Diq copperthrough the performance of its peerless asset portfolio and a gold project in Pakistan have been finalized and the process pipeline of high-quality organic growth prospects. This is now moves onto its legalization and closing stage, with evident in its industry-leading and sustainable shareholder potential production from 2027/2028.

returns, delivered in a disciplined dividend framework,” Bristow said.

Barrick continues to build its copper portfolio with strong performances from Jabal Sayid in Saudi Arabia and

Q3 DIVIDEND OF $0.15 PER SHARE DECLARED, LEADING TO RECORD ANNUAL RETURNS IN 2022

Barrick today announced the declaration of a dividend of $0.15 per share for the third quarter of 2022.

The dividend is consistent with the Company’s Performance Consequently, through the end of Q3 2022, $1.2 billion of Dividend Policy announced at the start of the year. The Q3 cash has been used for dividends and share buybacks during 2022 dividend will be paid on December 15, 2022 to the year. With the payment of the dividend announced today shareholders of record at the close of business on November to be made in Q4 2022, the return to shareholders in 2022 in 30, 2022. the form of dividends and share buybacks is expected to exceed the record $1.4 billion of distributions made in 2021. In addition to the enhanced dividends declared so far in 2022, Barrick has continued to repurchase shares under the share “The combination of the performance dividend policy and buyback program that was announced in February of this share buyback program that were introduced earlier this year year. As of the end of Q3, Barrick has repurchased 18 million has allowed us to provide significant benefits to our shares¹ under the program, or approximately 1% of Barrick’s shareholders,” says senior executive vice-president and chief issued and outstanding shares at the time the program was financial officer Graham Shuttleworth. “Anchored by our solid announced, for net cash of $322 million¹, including $141 operating performance and cash flows, we continue to million paid during Q3 2022. maintain a robust balance sheet whilst simultaneously providing our shareholders with meaningful returns.”

BARRICK THIRD QUARTER 2022 3 PRESS RELEASE

A tailings storage facility in Nevada.

BARRICK UPDATES TAILINGS DISCLOSURE

Barrick continues to progress towards compliance with the new Global Industry Standard on Tailings Management (GISTM), in line with its commitment as one of the main supporters of this project.

Long a leader in the field of tailings management, Barrick has In the course of this year, Barrick has conducted external and maintained an internal standard that has been updated internal reviews of its tailings storage facilities against its regularly in line with regulatory requirements, industry internal standard and the GISTM. Based on these reviews it guidelines and best practices. This experience enabled it to has taken a range of actions to further reduce the potential make a significant contribution to the development of the risk they present. These include the installation of automated GISTM. Its tailings storage facilities (TSFs) have been data acquisition systems at numerous sites. Barrick’s TSF subject to an independent third-party review for the past 20 disclosure has been updated and can be found on our years. website at www.barrick.com/sustainability.

Isela Costantini has been appointed to Barrick’s Board of Directors as an independent director.

Ms Costantini has over 25 years of experience in international business and is currently the chief executive of Grupo Financiero GST, a privately held asset management company that ranks among Argentina’s leading financial groups. Prior to that, she was president and CEO of Argentina’s national airline, Aerolineas Argentina, as well as president and general director, Argentina, Paraguay and Uruguay, for General Motors.

Executive chairman John Thornton said Ms Costantini would bring a valuable perspective to the board with her wealth of experience in business, government and regulatory affairs in Latin America.

BARRICK THIRD QUARTER 2022 4 PRESS RELEASE

NGM: NOW FOR THE NEXT VALUE-CREATION PHASE

The successful merger of two different sets of assets, systems, people and practices into the fully integrated Nevada Gold Mines (NGM) has been a classic case of the whole exceeding the sum of its parts, says Mark Bristow.

Bristow, the chairman of NGM and president and CEO of Richardson officially succeeded Greg Walker as executive majority owner Barrick, says the combination of Barrick’s managing director and Henri Gonin, previously general Nevada assets’ reserves and grades with Newmont’s manager at Carlin, was appointed head of operations. Other infrastructure has delivered industry-leading growth and senior appointments, internal as well as external, make up performance. In the three years since the establishment of the rest of a corporate structure which is fit for NGM’s new the joint venture, it has produced 10 million ounces of gold purpose.”

(on a 100% basis) and added 14.7 million ounces of proven and probable reserves (on a 100% basis before NGM set out to be a thoroughly Nevadan business, the depletion)15,17,18 as well as 8.5 million ounces of inferred partner of choice for the state as well as its communities. resources (on a 100% basis).16,17,18 Since September 2020, it has contributed more than $5.5 million to Nevadan causes through its five community Greatly improved knowledge of the orebodies supports robust development committees (CDCs). Each of these covers a 10-year mine plans and has increased the pre-merger life of different region of Nevada, including the Native American mine, and new opportunities for innovations and discoveries community. NGM’s support is focused on economic that will support a 15-year plan have been identified. development, education, environment, health and cultural heritage.

“As far as the first phase of NGM’s development is concerned, I think we can safely say: Mission Accomplished,” NGM’s top priority is to create a “Zero-Harm” workplace. A says Bristow. steady decline in the Lost Time Injury Frequency Rate¹⁹ and Total Recordable Injury Frequency Rate²⁰ in 2022 delivered “The foundational team did a great job and NGM now needs NGM’s best safety quarter of the year in the three months to a new leadership team to oversee its next stage of long-term September.

value creation. At the end of the past quarter, Peter

BARRICK THIRD QUARTER 2022 5 PRESS RELEASE

BARRICK AND PAKISTAN REVIEW PROGRESS ON REKO DIQ PROJECT

Mark Bristow says the process of completing the final agreements and legal steps that would enable the development of the Reko Diq project is making steady progress.

Once the transaction is completed, Reko Diq, one of the “Barrick has been built on successful partnerships with our largest undeveloped copper-gold deposits in the world, will be host countries, and these encompass the full range of owned 50% by Barrick, 25% by Balochistan province and stakeholders, from governments through suppliers to the 25% by major Pakistani state-owned enterprises (SOEs). communities around our mines. Our CDC model provides a transparent and accountable mechanism for tailoring He was speaking after a four-day visit to Pakistan in October development programs to the needs of these communities 2022 during which he and the project team held discussions with their full participation,” he says.

with prime minister Shehbaz Sharif and Balochistan chief minister Abdul Quddus Bizenjo and their teams, as well as Once the current legal processes have been finalised, Barrick Barrick’s SOE partners. With the approval of Pakistan will complete its update of the feasibility study, which currently envisages an open-pit operation with a life of more than 40 president Dr Arif Alvi, the necessary documents for the Presidential Reference were filed on October 15, 2022 with years. It is envisaged that the project will be built in two the country’s supreme court, a significant process milestone. phases at an initial estimated capital cost²¹ of approximately $7 billion and is expected to go into production between 2027 During the course of the trip, the Barrick team also visited and 2028.

Balochistan’s Chagai District, which hosts Reko Diq, to brief local leaders and community stakeholders on the project. While in Pakistan, Bristow announced that Barrick was Reko Diq will bring enormous benefits to the region in the donating an additional $150,000 to the Balochistan flood form of employment, skills and economic development, as relief fund, bringing the company’s total contribution to well as community initiatives focused on food security, $300,000.

environmental management and access to healthcare, education and potable water.

Bristow says Barrick is setting up community development committees (CDCs) to identify priority projects and supervise their implementation.

BARRICK THIRD QUARTER 2022 6 PRESS RELEASE

Mining Minister Sir Ano Pala and Mark Bristow.

INCORPORATION OF NEW PORGERA LIMITED ADVANCES MINE RESTART

The incorporation of New Porgera Limited (NPL) on September 22, following execution of the New Porgera Shareholders Agreement by Barrick (Niugini) Limited, Kumul Mineral Holdings Limited and Mineral Resources Enga, marked an important step towards the long-delayed restart of the Porgera mine.

Once certain conditions are fulfilled, NPL intends to apply for representatives of the Enga Provincial Government, Porgera a new Special Mining Lease (SML) in coming weeks. District and PNG Defence Force.

In Papua New Guinea for quarterly operational reviews, Mark “We had a constructive kick-off meeting in Porgera and Bristow said that New Porgera will work with the State and everyone agreed that law and order is crucial to the restart of the Mineral Resources Authority (MRA) to ensure that the Porgera mine and the long-term future of the Porgera District. SML application process proceeded without delay and in The parties will continue to meet and collaborate on law and accordance with the Mining Act and the Porgera Project order initiatives and their implementation. All landowners and Commencement Agreement (PPCA). community leaders have acknowledged the urgent need for leadership at ground level to complement the work being “The application and early approval of a new SML is the goal done by security forces. There was a call from the that all Porgera stakeholders should be striving for. The mine landowners for the signing of a peace agreement between has sat idle for far too long — more than two and a half years rival clans in the Porgera Valley and the need for a

depriving landowners and the communities of Porgera of government endorsed police operation to address the current

employment and other essential benefits that the mine lawlessness in Porgera,” said Bristow.

delivered successfully for 30 years,” said Bristow.

As a sign of Barrick’s commitment to restart the operation, Together with Barrick’s executives, Bristow travelled to the company is building a dedicated team, comprised of a Porgera to kick-off the security forum alongside the Mining majority of Papua New Guineans, to get the mine up and Minister Sir Ano Pala, Porgera MP Maso Karipe, SML and running so that the people of Porgera can finally see the Lease for Mining Purpose landowners, community members, signs of Porgera’s revival that they have been waiting for. To women’s groups and business leaders. Also in attendance date, Barrick and Zijin have funded $391 million solely for was the Enga Provincial Police Commander and care and maintenance.

BARRICK THIRD QUARTER 2022 7 PRESS RELEASE

VELADERO CONTINUES TO EXPLORE AND STRENGTHEN ITS PARTNERSHIP WITH THE COMMUNITY But Warns That In-Country Conditions Could Adversely Affect Mining Industry Viability

The Veladero gold mine has reached its 17th anniversary since first gold in October 2005 and the company remains committed to improving the asset, building on strong partnerships with the local community, and exploring to increase its resources.

Mark Bristow said recent integrated work from the exploration start of October when water quality samples were collected at team in the Veladero district had identified four high interest Veladero's Compliance Point by community members and targets that would be tested with drilling campaigns that analyzed at a certified laboratory. Over the next six months, started in October 2022. monitoring will occur monthly and then quarterly, significantly increasing participation from the current annual frequency. Veladero will also launch four new Community Development Committees (CDCs) in the provinces of Iglesia and Jáchal to In terms of value creation, the procurement spend with local further develop an open partnership with local communities, community suppliers reached US$22 million in the last 12 bringing the total CDCs to six, and increasing the frequency months. This has generated new opportunities for local of participatory environmental monitoring. The role of the suppliers such as earthworks, construction, manufacturing of CDCs is to allocate the community investment budget to grinding balls, glass cutting, hardware, mining road projects prioritized by local stakeholders, with each maintenance and cargo transportation, among others. At the committee made up of a mix of local leaders and community same time, the company has developed an incubation members. program for non-mining related small businesses, which has produced about 60 initiatives in the last three years.

“We call San Juan our home and since 2019 we have significantly improved our relations with all stakeholders “We are exploring in the San Juan province and across the based on our DNA of open and transparent communication. country, and at the same time, we have raised concerns I’m thrilled to see this commitment expand with the new about the mining industry's viability. At Veladero, we have CDCs in our neighboring communities of Iglesia and Jáchal,” observed how the current financial situation in Argentina, with Bristow said. currency restrictions, inflation, and taxation, combines with the global financial crisis to create risks for the mine plan. As Another important initiative is to enhance environmental partners, we urgently need to work together for a sustainable participatory monitoring. The first of these took place at the long-term future,” Bristow said.

BARRICK THIRD QUARTER 2022 8 PRESS RELEASE

FURTHER GROWTH TARGETED IN TANZANIA

With North Mara and Bulyanhulu set to achieve a combined production in excess of 500,000 ounces²² for the second year running, Barrick is looking to expand its East African footprint from this base.

Mark Bristow says the resurrection of these moribund mines “We continue to target further growth through reconnaissance and their transformation into an asset with the potential to be and the consolidation of key licences. Extension opportunities included in Barrick’s elite Tier One²³ portfolio as a combined are being assessed along the Gokona strike and throughout complex was a remarkable success story. the Bulyanhulu Inlier. Results from the deep drilling at Gokona are pointing to a significant potential for extending “Our groundbreaking Twiga partnership with the Tanzanian North Mara’s life,” Bristow said.

government not only settled its long-running disputes with the mines’ previous operators but has established a model for “In addition to the brownfields exploration designed to mutually beneficial cooperation between miners and their maintain the positive trend on resource expansion and host countries, particularly in Africa. By demonstrating that conversion at the two mines, we are also looking further Tanzania is an investor-friendly destination it also augurs well afield. A better understanding of the region’s geological for the future of the country’s mining industry,” he said. architecture will improve our ability to discover new worldclass development opportunities in our areas of interest.” Both North Mara and Bulyanhulu have been ramping up production, with North Mara hitting a record 505,000 tonnes In line with Barrick’s localization policy, Tanzanians make up of ore and waste mined last quarter.²² It continues to optimize 96% of the mines’ workforces, with 45% drawn from the the underground operation while the change to an owner- communities surrounding the mines. Host country nationals mining strategy has boosted the expansion of both the mine account for 58% of the senior management. During the past and open pit operations. At Bulyanhulu, the development of quarter, the mines spent $339 million with Tanzanian the main declines to access the Deep West zone of the suppliers and service providers. Since it took over the mines orebody started last quarter. The production ramp-up at both in 2019, Barrick has contributed over $2.1 billion to the mines is being supported by fleet upgrades. Tanzanian economy.

BARRICK THIRD QUARTER 2022 9 PRESS RELEASE

LUMWANA SHOWS BARRICK’S COMMITMENT TO COPPER

The transformation of Lumwana from a marginal copper asset into a world-class operation demonstrates the commitment of Barrick to expanding its copper holdings in Africa and globally.

Mark Bristow says since 2019, Lumwana’s fortunes had been upgrade of the conveyor system will secure steady ore turned around completely. Its life has been extended and it delivery to the plant, boosting throughput and production next has been built into a profitable business, with significant year,” Bristow said.

growth opportunities. A solid year to date performance has kept it on track to achieve its annual production guidance. “Promising drill results at the Lubwe satellite target are increasing our confidence that we will be able to develop a Now one of Zambia’s largest copper producers, it employs super pit and still keep producing at today’s rates and more. more than 4,400 people, 99.3% of them Zambian nationals. It Should the super pit prove viable, it will substantially extend has an exceptional safety record, with no fatalities since 2016 the mine’s life with a two year pre-feasibility study scheduled and a Lost Time Injury Frequency Rate¹⁹ of less than 1.0% to commence in 2023. In addition to Lubwe, the assessment over the past 10 years. of the Kamaranda and Kababisa prospects is ongoing with drill programmes planned for the fourth quarter and potential “As a lower-grade mine, Lumwana is volume-driven and there to add additional satellites. It’s worth noting that the is a strong focus on driving down operational costs by government’s new mineral royalty tax regime, scheduled to achieving efficiencies through scaled operations. This year’s come into effect in January next year, will unlock additional production has already benefited from the improved runtimes free cash flow for Barrick, allowing us to reinvest in provided by a new fleet of trucks and shovels. The planned Lumwana.”

BARRICK THIRD QUARTER 2022 10 PRESS RELEASE

EXPLORATION SUCCESS SECURES KIBALI’S FUTURE

The ability of Africa’s largest gold mine to replace its reserves beyond depletion will secure its position as one of Barrick’s Tier One assets well into the future.

Mark Bristow says the 13-year-old mine, which has just During the past quarter, minister of mines HE Antoinette improved its performance for the third consecutive quarter, N'Samba Kalambayi launched the steering committee which still had an enormous upside. With its exploration prospect will manage Kibali’s social development fund, based on 0.3% of the mine’s annual turnover. An amount of $13.7 million, pipeline continuing to expand, it was well set to maintain its business plan for at least another 10 years. accrued over the past three years, has already been earmarked for community projects which will be launched this Kibali’s underground operations are being further extended year. The new 2,500-seat Catholic church in Kokiza has by two years through the addition of the 11,000 Lode to the recently been officially handed over to and accepted by the mine plan. This lode continues to deliver promising results, Diocese and its approximately 30,000 strong congregation, unlocking additional value, and remains open down plunge. who were resettled in the new village between 2010 and Drilling is also under way at the Mengu Hill, Agbarabo, Rhino, 2016.

Zambula and Makoro targets which are showing potential as additional underground and open pit satellites. Barrick also continues to invest in the future of Africa’s biodiversity with the planned reintroduction of 76 white rhinos Bristow said with an in-country investment of $4.2 billion, to the Garamba National Park, a critical move in the long- Kibali had made a significant contribution to the Congolese term plan to protect this endangered species.

state’s coffers. More importantly, it had transformed the country’s previously undeveloped north-eastern region into a thriving new economic frontier.

BARRICK THIRD QUARTER 2022 11 PRESS RELEASE

DELIVERING 25 YEARS OF VALUE TO MALI, WITH MORE TO COME

Barrick’s Loulo, Gounkoto and the former Morila mines have contributed $8.7 billion to the Malian economy in the 25 years the company has been in the country and over the past decade have accounted for between 5% and 10% of its GDP.

Mark Bristow says that throughout Barrick’s long partnership local business partners, ranging from key contractors to fuel with Mali, it had supported the country during some difficult and lubricant suppliers. In the year to date, it has spent $395 times in its history. Its relationship with successive million with these partners, representing 80% of its total governments continues to be mutually beneficial, with the purchases.

Loulo-Gounkoto complex — one of the company’s elite Tier One assets — on track to meet its 2022 production guidance. Loulo-Gounkoto has also significantly improved the quality of life in its surrounding communities through its investment in “In line with our long-term commitment to Mali, we continue to projects designed to provide them with access to healthcare, invest in exploration to extend the life of the complex, which education, food security and potable water. A local regularly more than replaces the gold it mines each year. The entrepreneurship programme has directly created more than Loulo district is still delivering high-quality targets and we’re 1,200 jobs.

upgrading the complex’s infrastructure to support both open pit pushbacks and extensions at Yalea and Gara. In the Malaria remains one of Africa’s biggest health problems and meantime, the new Gounkoto underground mine is Loulo-Gounkoto is taking aggressive action to reverse the progressing its development towards scheduled recent rise in the infection rate after a long period in which it commencement of stoping next year,” he said. steadily decreased. This includes a door-to-door awareness campaign in the local villages, a workshop held alongside the Bristow noted that Loulo-Gounkoto was an outstanding country’s national director of malaria control, close example of Barrick’s policy of recruiting and developing the cooperation with regional healthcare authorities and working people of its host countries. Malian nationals account for 95% with other mining companies to identify and leverage of the complex’s workforce and they are led by an all-Malian synergies in the various malaria response plans.

management team. Similarly, it has invested in the growth of

BARRICK THIRD QUARTER 2022 12 PRESS RELEASE

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