Barrick’S Mali Operations Honoured BY Government FOR Tax Citizenship
Press Release
NYSE : GOLD TSX : ABX
BARRICK’S MALI OPERATIONS HONOURED
BY GOVERNMENT FOR TAX CITIZENSHIP
Bamako, Mali, February 28, 2023 – Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) – Barrick’s
Loulo-Gounkoto gold mining complex, as one of the largest taxpayer in Mali, has been formally thanked
by the government for its role in enabling the tax department to achieve its revenue targets for 2022.
In a ceremony at Barrick’s Bamako office, the country’s director of large enterprises presented both Loulo
and Gounkoto with certificates of recognition honouring what was described as their high level of tax
citizenship and expressing the hope that this productive partnership between the mines and the
government would continue.
Barrick, through its legacy company Randgold, has been operating in Mali for more than a quarter of a
century and during that time has made a major contribution to the development of the country’s economy
and its mining industry.
Enquiries
Investor and Media Relations
Kathy du Plessis
+44 20 7557 7738
Email: [email protected]
Group Regional Manager
West Africa
Mahamadou Samaké
+223 66 75 61 36
Website: www.barrick.com
BARRICK GOLD CORPORATION PRESS RELEASE
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 financial or operating performance, constitutes “forward-looking statements”. All statements, other than
statements of historical fact, are forward-looking statements. The words “enable”, “hope”, “honour”, “recognize”, “develop” and
similar expressions identify forward -looking statements. In particular, this press release contains forward-looking statements
including, without limitation, with respect to Loulo-Gounkoto’s productive partnership with the government of Mali and the
Complex’s potential to continue to make major contributions to the country’s economy and mining industry.
Forward-looking statements are necessarily based upon a number of estimates and assumpti ons including material estimates
and assumptions related to the factors set forth below that, while considered reasonable by the Company as at the date of thi s
press release in light of management’s experience and perception of current conditions and expec ted developments, are
inherently subject to significant business, economic, and competitive uncertainties and contingencies. Known and unknown
factors could cause actual results to differ materially from those projected in the forward-looking statements, and undue reliance
should not be placed on such statements and information. Such factors include, but are not limited to: fluctuations in the sp ot
and forward price of gold, copper, or certain other commodities (such as diesel fuel, natural gas, and electricity); the speculative
nature of mineral exploration and development; changes in mineral production performance, exploitation, and exploration
successes; changes in national and local government legislation, taxation, controls or regulations and/ or change s in the
administration of laws, policies and practices, expropriation or nationalization of property and political or economic developments
in the Mali and other jurisdictions in which the Company or its affiliates do or may carry on business in the futur e; risk of loss
due to acts of war, terrorism, sabotage and civil disturbances; risks associated with new diseases, epidemics and pandemics,
including the effects and potential effects of the global Covid-19 pandemic; litigation and legal and administrativ e proceedings;
employee relations including loss of key employees; increased costs and physical risks, including extreme weather events and
resource shortages, related to climate change; and availability and increased costs associated with mining inputs an d labor. In
addition, there are risks and hazards associated with the business of mineral exploration, development and mining, including
environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins, flooding and gold bullion,
copper cathode or gold or copper concentrate losses (and the risk of inadequate insurance, or inability to obtain insurance, to
cover these risks).
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 that
forward-looking statements are not guarantees of future performance. All of the forward-looking statemen ts made in this press
release are qualified by these cautionary statements. Specific reference is made to the most recent Form 40-F/Annual
Information Form on file with the SEC and Canadian provincial securities regulatory authorities for a more detailed d iscussion
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.
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.