Barrick Publishes Human Rights Report
PRESS RELEASE
NYSE : GOLD TSX : ABX
Barrick Publishes Human Rights Report
Toronto, December 10, 2021 – Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) published its
report on Human Rights today outlining the company’s revised policies and standards and their
implementation since the merger with Randgold Resources.
The publi cation of the report coincides with the United Nations’ Human Rights Day, which
commemorates the day, in 1948, when the UN General Assembly adopted the Universal
Declaration of Human Rights. The theme for this year is Equality.
During 2020, Barrick updated several standards including the Use of Force Standard and
developed a new Voluntary Principles on Security and Human Rights Standard. It also revised,
updated and restarted its human rights program, in which every operation conducts a human
rights assessment on a two- to three-year cycle. To date, all high- and medium-risk sites have
been assessed, with Kibali in the Democratic Republic of Congo and Loulo-Gounkoto in Mali
completed during 2021.
Barrick trained its employees and contractors in these updated standards and policies and worked
with independent human rights experts, Avanzar, to develop online modules to ensure that human
rights training was not hamper ed by Covid-19 related travel and social distancing restrictions .
Barrick also developed ‘train the trainer’ programs to empower its site security leadership with the
knowledge and skills to deliver long -term training to their teams and local public secur ity forces.
These programs were successfully implemented at the North Mara and Bulyanhulu operations in
Tanzania during 2021.
In the report, p resident and c hief executive Mark Bristow said that recognizing and respecting
human rights was a core value for Barrick, and its Human Rights Policy was one of the first the
group updated following the merger with Randgold Resources. It is codified in Barrick’s
standalone Human Rights Policy and informed by the expectations of the UN Guiding Principles
on Business and Human Rights (UNGPs), the Voluntary Principles on Security and Human Rights
(VPs) and the OECD Guidelines for Multinational Enterprises.
“Our policy, simply put, is to respect the human rights of all individuals impacted by our operations,
including employees, contractors and external stakeholders. Wherever we operate, we seek to
avoid causing or contributing to human rights violations and to facilitate remedial action. The
policy is guided by our philosophy of building mutually beneficial relationships with our local
communities,” Bristow said.
The report also provides an insight into Barrick’s salient human rights issues such as non-
discrimination in the workplace, health and safety, working conditions, resettlement, security,
water and the rights of indigenous people; and reflects on Barrick’s legacy human rights
challenges as well as the actions the company has taken to remedy these.
BARRICK GOLD CORPORATION PRESS RELEASE
Enquiries:
Investor and Media Relations
Kathy du Plessis
+44 20 7557 7738
Email: [email protected]
Website: www.barrick.com
Cautionary Statement on Forward-Looking Information
Certain information contained or incorporated by reference in this press release, including any
information as to our strategy, projects, plans, or future performance, constitutes “forward-looking
statements”. All statements, other than statements of historical fact, are forward-looking
statements. The words “ensure”, “empower”, “seek”, “facilitate”, “guide”, “challenge”, “may”, “will”,
“can”, “should”, “could”, “would”, and similar expressions identify forward -looking statements. In
particular, this press release contains forward-looking statements including, without limitation,
with respect to Barrick’s Human Rights Policy and the implementation of Barrick’s Human Rights
Policy and related standards following the merger with Randgold; the anticipated benefits of
Barrick’s human rights training program and human rights assessments, Barrick’s commitment to
respecting the human rights of all individuals impacted by our operations, and actions taken by
Barrick to facilitate remedial action including with respect to legacy human rights challenges and
salient human rights issues in line with Barrick’s Human Rights Policy. Forward-looking
statements are necessarily based upon a number of estimates and assumptions that, while
considered reasonable by Barrick as at the date of this press release in light of management’s
experience and perception of current conditions and expected dev elopments, are inherently
subject to significant business, economic and competitive uncertainties and contingencies.
Many of these uncertainties and contingencies can affect our actual results and could cause
actual results to differ materially from those expressed or implied in any forward-looking
statements made by, or on behalf of, us. Readers are cautioned not to put undue reliance on
forward-looking statements which are not guarantees of future events, and speak only as of the
date made. Specific reference is made to the most recent Form 40-F/Annual Information Form on
file with the SEC and Canadian provincial securi ties regulatory authorities for a more detailed
discussion of some of the factors underlying forward-looking statements, and the risks that may
affect Barrick’s ability to achieve the expectations set forth in the forward-looking statements
contained in this press release. All of the forward-looking statements made in this press release
are qualified by these cautionary statements. Barrick disclaims any intention or obligation to
update or revise any forward-looking statements whether as a result of new information, future
events or otherwise, except as required by applicable law.