Barrick is the world’s largest gold producer, with a portfolio of 26 operating mines, advanced exploration and development projects located across five continents, and large land positions on some of the world’s most prolific and prospective mineral trends. The Company also has the largest reserves in the gold industry, with about 140 million ounces of proven and probable gold reserves1. In addition, Barrick has 6.5 billion pounds of copper reserves and 1.07 billion ounces of silver contained within gold reserves1 as of December 31, 2010. In July, 2011, Barrick acquired Equinox Minerals which adds a further 4.5 billion pounds of copper reserves from the Lumwana mine and 1.2 billion pounds of copper reserves from the Jabal Sayid project.2
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- Reserves as reported in Equinox’s 2010 Annual Information Form.