shane goodwin, barrick gold - the cowal gold mine’s modification project

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26 June 2013 Cowal Gold Mine Mining NSW Conference

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Shane Goodwin, Community Relations Manager, Barrick Gold delivered the presentation at the 2013 Mining NSW Conference. The 2013 Mining NSW Conference looked at mine exploration and development opportunities in Central NSW and the Northern Tablelands with a spotlight on capital raising outlook and overseas investment. For more information about the event, please visit: http://www.informa.com.au/miningnsw13

TRANSCRIPT

26 June 2013

Cowal Gold MineMining NSW Conference

Modification ProposalModification Proposal

� The following slides relate to the Cowal Gold Mine’s Cutback Modification Proposal

� Barrick is currently preparing a detailed Environmental Assessment for submission to Government so some of the information provided in this presentation may be subject to change and clarification within the final Environmental Assessment

� The Environmental Assessment is currently scheduled for finalisation during august 2013.

Modification ProposalModification Proposal

� The following slides relate to the Cowal Gold Mine’s Cutback Modification Proposal

� Barrick is currently preparing a detailed Environmental Assessment for submission to Government so some of the information provided in this presentation may be subject to change and clarification within the final Environmental Assessment

� The Environmental Assessment is currently scheduled for finalisation during august 2013.

Modification ProposalModification Proposal

� The following slides relate to the Cowal Gold Mine’s Cutback Modification Proposal

� Barrick is currently preparing a detailed Environmental Assessment for submission to Government so some of the information provided in this presentation may be subject to change and clarification within the final Environmental Assessment

� The Environmental Assessment is currently scheduled for finalisation during august 2013.

Modification ProposalModification Proposal

� The following slides relate to the Cowal Gold Mine’s Cutback Modification Proposal

� Barrick is currently preparing a detailed Environmental Assessment for submission to Government so some of the information provided in this presentation may be subject to change and clarification within the final Environmental Assessment

� The Environmental Assessment is currently scheduled for finalisation during august 2013.

Modification Project

� Barrick has decided to prepare an application to modify the existing development consent.

� The key change to the existing development consent is a cut-back of the existing approved open pit which would extend the life of operations at the Cowal Gold mine an additional four years

� Other changes would include;

� a larger footprint and higher waste rock emplacements

� Construction of a new water storage dam (D10) within the mining lease

� A new pump station to be constructed on the eastern side of Lake Cowal.

� Barrick has written to NSW Government advising that we will be seeking approval under Section 75W of the EP&A Act.

� Barrick will prepare an Environmental Assessment which will include

� A description of the existing environment

� An assessment of potential impacts of all stages of the Modification

� A description of measures that would be implemented to avoid, minimise and/or offset potential impacts

� The preparation of the Environmental Assessment involves a series of technical assessments, and a consultation program. These are all set to be commenced over the coming months.

Community Relations

Questions…Questions…