161 BAY STREET, SUITE 3700, PO BOX 212
TORONTO
Ontario
Canada,
M5J 2S1
Phone: +1 (416) 861-9911
Fax: +1 (416) 861-2492
Toll Free: 1-800-720-7415
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Company SummaryBarrick Gold Corporation is an international gold company with a portfolio of operating mines and projects located across five continents. Company NewsThursday, October 29, 2009 Barrick Gold reported a net loss of $5.4 billion ($6.07 per share) compared to net income of $254 million ($0.29 per share) in Q3 2008. The net loss primarily reflects a $5.7 billion charge to earnings for a change in accounting treatment following the Company’s previously announced intention to eliminate its Gold Hedges1. Adjusted net income of $473 million ($0.54 per share)2 compares to $404 million ($0.46 per share) in the same prior year period. Operating cash flow was a record $911 million in the third quarter, up 67% compared to $544 million in the same prior year period. • Q3 gold production of 1.90 million ounces at total cash costs of $456 per ounce or net cash costs of $371 per ounce2 was on plan. Barrick remains on track with its full year 2009 production guidance of 7.2-7.6 million ounces of gold at total cash costs of $450- $475 per ounce or net cash costs of $360-$385 per ounce. Production is expected to increase to approximately 7.7-8.1 million ounces in 2010 at lower total cash costs than in 2009. News ReleasesThursday, October 29, 2009 Wednesday, October 28, 2009 Tuesday, October 13, 2009
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