Barrick Gold Corporation is the gold industry leader, with interests in 26 operating mines and a pipeline of projects located across five continents, in addition to large land positions on some of the most prolific mineral districts. The Company has:

• The gold industry’s only ‘A’ rated balance sheet;
• The gold industry’s largest unhedged production and reserves;
• Two advanced projects in construction that, with Cortez Hills, are expected to collectively contribute 2.4 million ounces of low cost average annual production at full capacity¹; and
• An unwavering commitment to safe and responsible mining.

Barrick generated $2.9 billion in adjusted operating cash flow² in 2009. As at December 31, 2009, the Company had $2.6 billion in cash and a $1.5 billion undrawn line of credit.

With the industry’s largest production of 7.4 million ounces in 2009 and its largest reserves of 139.8 million ounces, Barrick offers investors exceptional leverage to higher gold prices. The Company also has 6.1 billion pounds of copper reserves and 1.06 billion ounces of contained silver within gold reserves as at December 31, 2009.

Barrick is committed to sustainable economic development, environmental stewardship and a culture of safety. Barrick was added to the Dow Jones Sustainability Index – World in 2009 for the second consecutive year and maintained its listing on the Dow Jones Sustainability Index – North America for the third year in a row.

In 2009, Barrick produced 7.42 million ounces of gold at cash costs of $466 per ounce³ (net cash costs of $363 per ounce⁴). In addition, the Company produced 393 million pounds of copper at a total cash cost of $1.17 per pound. For 2010, Barrick expects higher gold production of 7.6–8.0 million ounces and copper production of 340-365 million pounds. Total cash costs for gold are expected to be lower than 2009 at $425- $455 per ounce³ and total cash costs for copper are expected to be $1.10-$1.20 per pound³.

Barrick shares are traded on the Toronto and New York stock exchanges.

¹ Click here for more information regarding advanced projects.
² Click here for more information regarding adjusted operating cash flow.
³ Click here for more information regarding the calculation of total cash costs.
⁴ Click here for more information regarding the calculation of net cash costs.