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Barrick Receives Confirmation in Peruvian Tax Matter

January 18, 2005

TORONTO, Jan 18, 2005 (BUSINESS WIRE) -- Barrick Gold Corporation (NYSE:ABX) (TSX:ABX) (LSE:ABX) (SWX:ABX) (BOURSE:ABX) announced today that it has received confirmation from SUNAT, the Peruvian tax agency, that SUNAT will not be appealing the September 30, 2004, Tax Court decision. (Information related to this matter can be found in Barrick's Third Quarter 2004 Report under Note 8 to the financial statements.)

Barrick shares are traded on the Toronto, New York, London and Swiss stock exchanges and the Paris Bourse.

SOURCE: Barrick Gold Corporation

Barrick Gold Corporation
Vincent Borg
Vice President, Corporate Communications
(416) 307-7477
Fax: (416) 861-1509
vborg@barrick.com

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