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# Mine Statistics PDF

Source: https://s25.q4cdn.com/322814910/files/doc_financial/quarterly_results/2025/q4/Barrick_Q4_2025_Mine_Stats.pdf
Published: 2026-02-12T00:00:00+00:00
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## Content

# Mine Statistics PDF
Summary of Operations
For the three months ended December 31, 2025 2024
Gold Gold produced Gold sold Cost Total All-In Gold Gold produced Gold sold Cost Total All-In
produced (000s ozs (000s ozs of sales cash sustaining produced (000s ozs (000s ozs of sales cash sustaining
(000s ozs attributable attributable ($/oz) costs costs (000s ozs attributable attributable ($/oz) costs costs
100% basis) share) share) ($/oz)1 ($/oz)1 100% basis) share) share) ($/oz)1 ($/oz)1
Carlin (61.5%) 335 207 211 1,863 1,380 1,732 301 186 185 1,489 1,240 1,657
Cortez (61.5%) 212 130 136 1,592 1,196 1,384 203 125 120 1,405 1,064 1,431
Turquoise Ridge (61.5%) 171 105 104 1,422 1,050 1,225 153 94 89 1,491 1,107 1,260
Phoenix (61.5%) 39 24 24 1,972 127 279 64 39 41 1,474 752 956
Nevada Gold Mines LLC (61.5%)2 757 466 475 1,695 1,191 1,461 721 444 435 1,468 1,121 1,453
Pueblo Viejo (60%) 172 103 106 1,492 930 1,322 155 93 94 1,679 1,030 1,325
Hemlo3 26 26 27 1,738 1,707 1,976 39 39 38 1,754 1,475 1,689
North America4 955 595 608 1,663 1,169 1,460 915 576 567 1,522 1,129 1,448
Veladero (50%) 96 48 47 1,526 886 1,915 165 82 91 1,151 828 1,191
Porgera (24.5%) 97 24 22 1,608 1,180 1,865 53 13 12 2,127 1,322 2,967
South America & Asia Pacific4 193 72 69 1,553 983 1,898 218 95 103 1,263 885 1,395
Loulo-Gounkoto (80%)5 13 11 91 4,151 1,448 1,448 196 156 47 1,397 923 2,136
Kibali (45%) 176 79 78 1,557 1,093 1,374 177 80 79 1,413 966 1,182
Tongon (89.7%)6 20 18 19 2,648 2,659 2,844 43 39 36 1,405 1,198 1,460
North Mara (84%) 67 56 56 1,640 1,237 1,546 107 90 89 1,018 771 1,098
Bulyanhulu (84%) 48 40 39 1,885 1,262 1,694 53 44 44 1,505 1,072 1,489
Africa & Middle East 324 204 283 2,527 1,364 1,575 576 409 295 1,303 944 1,389
Total Gold7 1,472 871 960 1,904 1,205 1,581 1,709 1,080 965 1,428 1,046 1,451
For the three months ended December 31, 2025 2024
Copper Copper All-In Copper Copper sold All-In
Copper sold Cost of C1 cash Copper Cost of C1 cash
produced produced sustaining produced (kt (kt sustaining
(kt attributable sales costs produced (kt sales costs
(kt 100% (kt attributable costs attributable attributable costs
share) ($/lb) ($/lb)8 100% basis) ($/lb) ($/lb)8
basis) share) ($/lb)8 share) share) ($/lb)8
Zaldívar (50%) 23 12 12 6.33 5.17 6.03 22 11 10 4.22 3.11 3.98
Lumwana 42 42 47 2.76 1.97 3.24 46 46 36 2.27 1.89 3.14
Jabal Sayid (50%) 16 8 8 2.21 0.94 1.20 15 7 8 2.02 1.29 1.44
Total Copper 81 62 67 3.37 2.45 3.61 83 64 54 2.62 2.04 3.07
1 Total cash costs per ounce and all-in sustaining costs per ounce are non-GAAP financial performance measures with no standard meaning under IFRS. For further information and reconciliation, please see endnote #1.
2 These results represent our 61.5% interest in Carlin, Cortez, Turquoise Ridge and Phoenix.
3 On September 10, 2025, we reached an agreement to sell the Hemlo gold mine to Carcetti Capital Corp. for gross proceeds of up to $1.09 billion. The transaction closed on November 26, 2025. Accordingly, operating and financial results provided are up to
the closing date.
4 Starting Q4 2025, we have presented Pueblo Viejo as part of North America instead of South America & Asia Pacific. Comparative information has been restated.
5 As a result of temporary suspension of operations at Loulo-Gounkoto starting January 14, 2025, and subsequent loss of control on June 16, 2025, no operating or per ounce data was provided for Q1 2025 to Q3 2025. On November 24, 2025, Barrick
announced that an agreement had been entered into with the Government of the Republic of Mali to put an end to all the disputes regarding the Loulo and Gounkoto mines. The provision administration of the Loulo-Gounkoto complex was terminated on
December 16, 2025, at which point operational control was handed back to Somilo and Gounkoto's management.
6 On October 6, 2025, we reached an agreement to sell our interest in the Tongon gold mine and certain of its exploration properties to the Atlantic Group for total consideration of up to $305 million. The transaction closed on December 1, 2025. Accordingly,
operating and financial results provided are up to the closing date.
7 Excludes Long Canyon which is producing residual ounces from the Leach Pad while in care and maintenance.
8 C1 cash costs per pound and all-in sustaining costs per pound are non-GAAP financial performance measures with no standard meaning under IFRS. For further information, please see endnote #2.
BARRICK Q4 2025 1 MINE STATISTICS
Summary of Operations
For the twelve months ended December 31, 2025 2024
Gold Gold produced Gold sold Cost Total All-In Gold Gold produced Gold sold Cost Total All-In
produced (000s ozs (000s ozs of sales cash sustaining produced (000s ozs (000s ozs of sales cash sustaining
(000s ozs attributable attributable ($/oz) costs costs (000s ozs attributable attributable ($/oz) costs costs
100% basis) share) share) ($/oz)1 ($/oz)1 100% basis) share) share) ($/oz)1 ($/oz)1
Carlin (61.5%) 1,116 687 689 1,676 1,340 1,906 1,261 775 777 1,429 1,187 1,730
Cortez (61.5%) 739 454 462 1,609 1,234 1,513 722 444 441 1,402 1,046 1,441
Turquoise Ridge (61.5%) 555 341 342 1,545 1,178 1,358 494 304 298 1,615 1,238 1,466
Phoenix (61.5%) 177 109 109 1,921 653 920 207 127 130 1,687 765 1,031
Nevada Gold Mines LLC (61.5%)2 2,587 1,591 1,602 1,647 1,229 1,620 2,684 1,650 1,646 1,478 1,126 1,561
Pueblo Viejo (60%) 632 379 383 1,608 1,034 1,412 586 352 351 1,576 1,005 1,323
Hemlo3 123 123 127 1,854 1,618 1,936 143 143 143 1,754 1,483 1,769
North America4 3,342 2,093 2,112 1,653 1,217 1,601 3,413 2,145 2,140 1,512 1,130 1,536
Veladero (50%) 460 230 226 1,286 785 1,450 505 252 270 1,254 905 1,334
Porgera (24.5%) 376 92 91 1,553 1,184 1,630 188 46 43 1,423 1,073 1,666
South America & Asia Pacific4 836 322 317 1,363 901 1,502 693 298 313 1,277 928 1,380
Loulo-Gounkoto (80%)5 35 29 91 4,271 1,449 1,603 723 578 459 1,218 828 1,304
Kibali (45%) 674 303 298 1,568 1,099 1,337 686 309 309 1,344 905 1,123
Tongon (89.7%)6 118 106 106 2,200 2,049 2,203 165 148 149 1,903 1,670 1,867
North Mara (84%) 297 249 246 1,449 1,085 1,333 315 265 263 1,266 989 1,274
Bulyanhulu (84%) 182 153 148 1,789 1,253 1,795 200 168 165 1,509 1,070 1,420
Africa & Middle East 1,306 840 889 1,924 1,270 1,543 2,089 1,468 1,345 1,368 1,000 1,333
Total Gold7 5,484 3,255 3,318 1,698 1,199 1,637 6,195 3,911 3,798 1,442 1,065 1,484
For the twelve months ended December 31, 2025 2024
Copper Copper Copper sold Cost of All-In Copper Copper sold All-In
produced produced (kt sales C1 cash Copper Cost of C1 cash
sustaining produced (kt (kt sustaining
(kt 100% (kt attributable attributable ($/lb) costs produced (kt sales costs
costs attributable attributable costs
basis) share) share) ($/lb)8 100% basis) ($/lb) ($/lb)8
($/lb)8 share) share) ($/lb)8
Zaldívar (50%) 73 37 37 5.14 3.98 4.75 80 40 38 4.09 3.04 3.58
Lumwana 151 151 157 2.54 1.86 3.05 123 123 109 2.94 2.23 3.85
Jabal Sayid (50%) 64 32 30 2.09 1.28 1.46 65 32 30 1.77 1.37 1.56
Total Copper 288 220 224 2.91 2.14 3.20 268 195 177 2.99 2.26 3.45
1 Total cash costs per ounce and all-in sustaining costs per ounce are non-GAAP financial performance measures with no standard meaning under IFRS. For further information and reconciliation, please see endnote #1.
2 These results represent our 61.5% interest in Carlin, Cortez, Turquoise Ridge and Phoenix.
3 On September 10, 2025, we reached an agreement to sell the Hemlo gold mine to Carcetti Capital Corp. for gross proceeds of up to $1.09 billion. The transaction closed on November 26, 2025. Accordingly, operating and financial results provided are up to
the closing date.
4 Starting Q4 2025, we have presented Pueblo Viejo as part of North America instead of South America & Asia Pacific. Comparative information has been restated.
5 As a result of temporary suspension of operations at Loulo-Gounkoto starting January 14, 2025, and subsequent loss of control on June 16, 2025, no operating or per ounce data was provided for Q1 2025 to Q3 2025.On November 24, 2025, Barrick
announced that an agreement had been entered into with the Government of the Republic of Mali to put an end to all the disputes regarding the Loulo and Gounkoto mines. The provision administration of the Loulo-Gounkoto complex was terminated on
December 16, 2025, at which point operational control was handed back to Somilo and Gounkoto's management.
6 On October 6, 2025, we reached an agreement to sell our interest in the Tongon gold mine and certain of its exploration properties to the Atlantic Group for total consideration of up to $305 million. The transaction closed on December 1, 2025. Accordingly,
operating and financial results provided are up to the closing date.
7 Excludes Long Canyon which is producing residual ounces from the leach pad while in care and maintenance.
8 C1 cash costs per pound and all-in sustaining costs per pound are non-GAAP financial performance measures with no standard meaning under IFRS. For further information, please see endnote #2.
BARRICK Q4 2025 2 MINE STATISTICS
Mine Statistics (Gold)
Nevada Gold
Turquoise Phoenix Mines LLC Pueblo Viejo
Carlin (61.5%) Cortez (61.5%) Ridge (61.5%) (61.5%) (61.5%)1 (60%) Hemlo2
For the three months ended December 31, 2025 2024 2025 2024 2025 2024 2025 2024 2025 2024 2025 2024 2025 2024
Tonnes mined (thousands) 12,704 15,494 13,465 14,407 327 282 6,834 5,840 33,330 36,023 6,257 1,419 238 420
Open Pit Ore 1,822 637 3,147 1,002 43 50 2,287 2,739 7,299 4,428 1,905 1,128 n/a n/a
Open Pit Waste 10,018 13,954 9,770 12,911 55 5 4,547 3,101 24,390 29,971 4,352 291 n/a n/a
Underground 864 903 548 494 229 227 n/a n/a 1,641 1,624 n/a n/a 238 420
Strip Ratio 5.50 21.91 3.10 12.89 1.28 0.10 1.99 1.13 3.34 6.77 2.28 0.26 n/a n/a
Cost per tonne mined ($/tonne)3
Open Pit 3.70 2.86 3.43 3.44 6.42 5.98 2.88 3.12 3.42 3.14 3.16 5.77 n/a n/a
Underground 146.68 135.17 118.35 108.61 200.80 214.45 n/a n/a 144.76 138.19 n/a n/a 100.08 88.50
Tonnes processed (thousands) 1,554 1,544 2,963 1,293 599 651 2,419 2,121 7,535 5,609 1,807 1,377 223 387
Oxide Mill — — 540 596 79 83 1,423 1,327 2,042 2,006 n/a n/a 223 387
Roaster 963 1,056 475 351 4 n/a n/a n/a 1,442 1,407 n/a n/a n/a n/a
Autoclave 569 488 2 n/a 516 568 n/a n/a 1,087 1,056 1,807 1,377 n/a n/a
Heap Leach 22 — 1,946 346 — — 996 794 2,964 1,140 n/a n/a n/a n/a
Cost per tonne processed ($/tonne)3
Oxide Mill n/a n/a 19.97 14.58 23.27 20.28 13.56 13.00 15.62 13.76 n/a n/a 22.32 16.68
Roaster 36.94 35.63 46.83 41.90 n/a n/a n/a n/a 40.11 37.19 n/a n/a n/a n/a
Autoclave 75.77 54.57 82.61 n/a 70.75 50.21 n/a n/a 73.40 52.19 38.97 49.87 n/a n/a
Heap Leach 118.79 n/a 2.36 9.56 — — 3.96 3.60 3.97 8.44 n/a n/a n/a n/a
G&A cost per tonne processed ($/tonne)3 14.76 15.14 6.24 11.53 15.88 13.98 2.03 2.09 7.41 9.34 7.11 8.67 16.53 10.96
Average grade (grams per tonne)4
Open Pit mined 2.45 1.54 0.73 2.40 1.47 1.07 0.75 0.99 1.24 1.45 2.29 1.94 n/a n/a
Underground mined 7.30 7.54 8.65 7.28 14.06 13.71 n/a n/a 8.80 8.51 n/a n/a 3.84 3.28
Processed 5.20 4.58 1.82 3.41 6.20 5.23 0.77 1.21 2.79 3.43 2.59 2.31 3.83 3.29
Recovery rate (percent) 82% 78% 83% 83% 88% 85% 66% 79% 83% 81% 69% 79% 95% 94%
Oxide Mill n/a n/a 78% 81% 83% 85% 63% 78% 73% 80% n/a n/a 95% 94%
Roaster 85% 84% 86% 85% 85% n/a n/a n/a 85% 84% n/a n/a n/a n/a
Autoclave 70% 41% 24% n/a 88% 85% n/a n/a 83% 74% 69% 79% n/a n/a
Production (thousands of ounces) 207 186 130 125 105 94 24 39 466 444 103 93 26 39
Oxide Mill — — 40 55 4 5 23 39 67 99 n/a n/a 26 39
Roaster 173 167 84 61 n/a n/a 1 — 258 228 n/a n/a n/a n/a
Autoclave 31 15 — n/a 100 88 n/a n/a 131 103 103 93 n/a n/a
Heap Leach 3 4 6 9 1 1 n/a n/a 10 14 n/a n/a n/a n/a
Sales (thousands of ounces) 211 185

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