Australia Pacific Region

Barrick’s Australia Pacific region is comprised of  9 operating mines — the Kalgoorlie (50% interest); Kanowna, Plutonic, and Yilgarn South (Granny Smith, Darlot and Lawlers) gold mines in Western Australia; the Cowal gold mine in New South Wales; and the Porgera (95%) gold mine in Papua New Guinea. Barrick completed the acquisition of Equinox Minerals in July 2011 and has integrated the producing Lumwana copper mine and Jabal Sayid project into the Australia Pacific regional business unit.

At the end of 2010, the Australia Pacific region contained 16.6 million ounces of proven and probable gold reserves¹, representing 12% of the Company's total reserve base. The region produced 1.90 million ounces of gold in 2010 at total cash costs of $613 per ounce². In 2011, the region is expected to produce about 1.90 million ounces of gold at total cash costs of $610-$635 per ounce.

1. Click here for more information regarding reserve and resource measurements.
2. Click here for more information regarding the calculation of total cash costs.