SUMMARY GOLD MINERAL RESERVES AND MINERAL RESOURCES
Tons
Grade
Ounces
Tons
2011
Grade
Ounces
(000's)
(oz/ton)
(000's)
(000's)
(oz/ton)
(000's)
94,541
3,621
14,632
6,144
109,173
9,765
181,788
133,565
306,190
50,943
65,914
295,559
125,190
15,258
79,690
70,683
44,293
33,770
16,377
7,823
172,646
16,424
55,899
108,257
16,750
6,164
1,715
298,358
0.094
0.033
0.233
0.303
0.113
0.203
0.083
0.063
0.049
0.053
0.127
0.017
0.012
0.381
0.120
0.018
0.021
0.042
0.045
0.042
0.020
0.070
0.033
0.015
0.012
0.052
0.032
0.065
8,933
118
3,405
1,864
12,338
1,982
15,008
8,353
15,058
2,701
8,367
5,161
1,472
5,815
9,552
1,243
925
1,421
731
326
3,463
1,150
1,827
1,640
207
318
55
19,503
97,325
4,612
11,895
6,077
109,220
10,689
188,729
120,194
306,879
54,391
11,221
307,162
123,191
11,986
62,394
82,688
83,420
28,237
21,482
16,778
107,626
16,620
4,735
77,285
10,977
8,932
716
298,358
0.096
0.032
0.255
0.301
0.113
0.185
0.080
0.055
0.047
0.069
0.113
0.017
0.013
0.442
0.122
0.017
0.016
0.050
0.039
0.058
0.021
0.069
0.087
0.015
0.012
0.055
0.041
0.065
9,342
147
3,035
1,828
12,377
1,975
15,173
6,597
14,488
3,757
1,273
5,102
1,623
5,294
7,641
1,411
1,338
1,398
828
978
2,245
1,139
410
1,194
135
487
29
19,503
990,088
245,990
424,117
269,930
471,153
30,186
205,008
39,462
50,013
2,764
0.018
0.010
0.042
0.025
0.021
0.013
0.028
0.017
0.011
0.015
17,434
2,494
17,861
6,734
10,024
400
5,828
669
542
41
990,088
245,990
424,117
269,930
481,153
44,029
214,418
35,164
67,865
10,243
0.018
0.010
0.042
0.025
0.022
0.011
0.029
0.014
0.011
0.013
17,434
2,494
17,861
6,734
10,558
464
6,151
505
771
132
65,476
30,705
108,253
21,247
0.095
0.077
0.039
0.035
6,221
2,361
4,195
737
75,372
27,369
108,843
23,211
0.084
0.071
0.040
0.033
6,366
1,933
4,394
766
(proven and probable)
83,632
0.033
2,764
65,280
0.034
2,209
(mineral resource)
29,322
0.035
1,034
37,191
0.032
1,187
(proven and probable)
1,077
2,619
4,071
4,827
2,685
573
34,795
5,511
2,963
670
-
0.191
0.298
0.155
0.127
0.126
0.204
0.054
0.067
0.131
0.206
-
206
781
632
614
338
117
1,866
368
387
138
-
2,987
2,451
5,861
6,326
2,805
1,345
4,034
2,507
1,669
977
1,232,986
0.135
0.275
0.142
0.124
0.127
0.192
0.157
0.166
0.140
0.289
0.008
402
675
832
786
357
258
635
417
234
282
9,506
30,111
8,694
27,865
15,573
51,592
12,116
63,672
24
540
26,494
3,501
3,730,506
1,859,007
0.267
0.282
0.080
0.114
0.039
0.030
0.042
0.458
0.193
0.008
0.001
0.038
0.045
8,040
2,453
2,226
1,781
1,994
360
2,681
11
104
201
2
140,248
83,007
22,963
14,472
28,997
13,025
50,036
28,910
60,186
135
500
173
37
3,701,312
2,966,243
0.342
0.154
0.089
0.082
0.043
0.033
0.043
0.348
0.160
0.306
0.351
0.038
0.027
7,857
2,230
2,575
1,064
2,154
947
2,572
47
80
53
13
139,931
80,399
Based on attributable ounces
NORTH AMERICA
Goldstrike Open Pit
(proven and probable)
(mineral resource)
Goldstrike Underground
(proven and probable)
(mineral resource)
Goldstrike Property Total
(proven and probable)
(mineral resource)
Pueblo Viejo (60.00%)
(proven and probable)
(mineral resource)
Cortez
(proven and probable)
(mineral resource)
Goldrush
(proven and probable)
(mineral resource)
Bald Mountain
(proven and probable)
(mineral resource)
Turquoise Ridge (75.00%)
(proven and probable)
(mineral resource)
Round Mountain (50.00%)
(proven and probable)
(mineral resource)
South Arturo (60.00%)
(proven and probable)
(mineral resource)
Ruby Hill
(proven and probable)
Hemlo
(mineral resource)
(proven and probable)
(mineral resource)
Marigold Mine (33.33%)
(proven and probable)
(mineral resource)
Golden Sunlight
(proven and probable)
(mineral resource)
Donlin Gold (50.00%)
(proven and probable)
(mineral resource)
SOUTH AMERICA
Cerro Casale (75.00%)
(proven and probable)
(mineral resource)
Pascua-Lama
(proven and probable)
(mineral resource)
Veladero
(proven and probable)
(mineral resource)
Lagunas Norte
(proven and probable)
(mineral resource)
Pierina
(proven and probable)
(mineral resource)
AUSTRALIA PACIFIC
Porgera (95.00%)
(proven and probable)
(mineral resource)
Kalgoorlie (50.00%)
(proven and probable)
(mineral resource)
Cowal
Plutonic
(mineral resource)
Kanowna Belle
(proven and probable)
(mineral resource)
Darlot
(proven and probable)
(mineral resource)
Granny Smith
(proven and probable)
(mineral resource)
Lawlers
(proven and probable)
(mineral resource)
Reko Diq (37.50%)
(4)
(proven and probable)
(mineral resource)
AFRICA
Bulyanhulu (73.90%)
(proven and probable)
(mineral resource)
North Mara (73.90%)
(proven and probable)
(mineral resource)
Buzwagi (73.90%)
(proven and probable)
(mineral resource)
Nyanzaga (73.90%)
(proven and probable)
(mineral resource)
Tulawaka (51.73%)
OTHER
TOTAL
(1)
(2)
(proven and probable)
(mineral resource)
(proven and probable)
(mineral resource)
(proven and probable)
(mineral resource)
Resources which are not reserves do not have demonstrated economic viability.
See accompanying footnote #1.
(3)
Measured plus indicated resources
(4)
See accompanying footnote #2.
(1,2,3)
2012
For the year ended December 31, 2012
142
GOLD MINERAL RESERVES (1)
Tons
PROVEN
Grade
Contained ozs
Tons
PROBABLE
Grade
Contained ozs
Tons
TOTAL
Grade
Contained ozs
(000's)
(oz/ton)
(000's)
(000's)
(oz/ton)
(000's)
(000's)
(oz/ton)
(000's)
61,008
4,743
65,751
22,954
31,856
82,580
6,493
22,654
806
3,620
12,881
1,532
0.088
0.300
0.103
0.102
0.066
0.020
0.396
0.021
0.042
0.091
0.020
0.053
5,342
1,424
6,766
2,333
2,089
1,621
2,573
472
34
329
254
81
33,533
9,889
43,422
158,834
274,334
212,979
8,765
48,029
33,770
7,017
12,804
95,376
4,632
0.107
0.200
0.128
0.080
0.047
0.017
0.370
0.016
0.042
0.042
0.064
0.015
0.051
3,591
1,981
5,572
12,675
12,969
3,540
3,242
771
1,421
292
821
1,386
237
94,541
14,632
109,173
181,788
306,190
295,559
15,258
70,683
33,770
7,823
16,424
108,257
6,164
0.094
0.233
0.113
0.083
0.049
0.017
0.381
0.018
0.042
0.042
0.070
0.015
0.052
8,933
3,405
12,338
15,008
15,058
5,161
5,815
1,243
1,421
326
1,150
1,640
318
189,900
43,514
33,045
16,766
5,941
0.019
0.050
0.021
0.035
0.009
3,586
2,167
704
592
52
800,188
380,603
438,108
188,242
44,072
0.017
0.041
0.021
0.028
0.011
13,848
15,694
9,320
5,236
490
990,088
424,117
471,153
205,008
50,013
0.018
0.042
0.021
0.028
0.011
17,434
17,861
10,024
5,828
542
14,027
69,523
17,587
380
1,958
643
827
794
0.124
0.029
0.024
0.203
0.176
0.121
0.173
0.134
1,733
2,019
427
77
345
78
143
106
51,449
38,730
66,045
697
2,113
2,042
33,968
2,169
0.087
0.056
0.035
0.185
0.136
0.127
0.051
0.130
4,488
2,176
2,337
129
287
260
1,723
281
65,476
108,253
83,632
1,077
4,071
2,685
34,795
2,963
0.095
0.039
0.033
0.191
0.155
0.126
0.054
0.131
6,221
4,195
2,764
206
632
338
1,866
387
674
9,225
4,786
6
527
0.292
0.077
0.032
0.028
197
706
151
15
29,437
18,640
46,806
18
25,967
0.266
0.082
0.039
0.611
0.007
7,843
1,520
1,843
11
186
30,111
27,865
51,592
24
26,494
0.267
0.080
0.039
0.458
0.008
8,040
2,226
1,994
11
201
661,250
0.045
29,650
3,069,256
0.036
110,598
3,730,506
0.038
140,248
As at December 31, 2012
Based on attributable ounces
NORTH AMERICA
Goldstrike Open Pit
Goldstrike Underground
Goldstrike Property Total
Pueblo Viejo (60.00%)
Cortez
Bald Mountain
Turquoise Ridge (75.00%)
Round Mountain (50.00%)
South Arturo (60.00%)
Ruby Hill
Hemlo
Marigold Mine (33.33%)
Golden Sunlight
SOUTH AMERICA
Cerro Casale (75.00%)
Pascua-Lama
Veladero
Lagunas Norte
Pierina
AUSTRALIA PACIFIC
Porgera (95.00%)
Kalgoorlie (50.00%)
Cowal
Plutonic
Kanowna Belle
Darlot
Granny Smith
Lawlers
AFRICA
Bulyanhulu (73.90%)
North Mara (73.90%)
Buzwagi (73.90%)
Tulawaka (51.73%)
OTHER
TOTAL
COPPER MINERAL RESERVES (1)
Tons
PROVEN
Grade
Contained lbs
Tons
PROBABLE
Grade
Contained lbs
Tons
TOTAL
Grade
Contained lbs
(000's)
(%)
(millions)
(000's)
(%)
(millions)
(000's)
(%)
(millions)
447,548
266,378
484
714,410
0.538
0.510
2.273
0.528
4,812
2,715
22
7,549
161,167
313,826
25,965
500,958
0.525
0.529
2.538
0.632
608,715
580,204
26,449
1,215,368
0.534
0.520
2.533
0.571
As at December 31, 2012
Based on attributable pounds
Zaldivar
Lumwana
Jabal Sayid
TOTAL
(1)
See accompanying footnote #1.
143
1,691
3,323
1,318
6,332
6,503
6,038
1,340
13,881
GOLD MINERAL RESOURCES (1,2)
Tons
MEASURED (M)
Grade
Contained ozs
Tons
INDICATED (I)
Grade
Contained ozs
(M) + (I)
Contained ozs
Tons
INFERRED
Grade
Contained ozs
(000's)
(oz/ton)
(000's)
(000's)
(oz/ton)
(000's)
(000's)
(000's)
(oz/ton)
(000's)
454
1,249
1,703
4,315
3,358
2,696
31,189
10,198
11,933
2,341
381
581
167
4,261
0.033
0.383
0.289
0.072
0.054
0.136
0.012
0.126
0.028
0.025
0.178
0.014
0.036
0.073
15
478
493
311
180
367
373
1,283
331
59
68
8
6
313
3,167
4,895
8,062
129,250
47,585
63,218
94,001
69,492
32,360
16,377
170,305
55,519
16,169
1,548
294,097
0.033
0.283
0.185
0.062
0.053
0.127
0.012
0.119
0.018
0.045
0.020
0.032
0.012
0.032
0.065
103
1,386
1,489
8,042
2,521
8,000
1,099
8,269
594
731
3,404
1,760
199
49
19,190
118
1,864
1,982
8,353
2,701
8,367
1,472
9,552
925
731
3,463
1,828
207
55
19,503
3,049
2,387
5,436
10,857
25,174
43,183
88,864
38,114
21,357
28,123
5,152
3,126
29,853
1,573
50,825
0.066
0.265
0.153
0.064
0.065
0.132
0.009
0.124
0.015
0.015
0.043
0.119
0.012
0.041
0.059
201
633
834
690
1,633
5,679
762
4,709
310
422
220
373
371
64
2,997
19,356
23,420
3,167
849
201
0.008
0.031
0.009
0.020
0.015
164
722
30
17
3
226,634
246,510
27,019
38,613
2,563
0.010
0.024
0.014
0.017
0.015
2,330
6,012
370
652
38
2,494
6,734
400
669
41
413,013
35,590
66,309
8,896
7,487
0.011
0.034
0.008
0.015
0.009
4,513
1,215
526
129
64
10,345
5,298
319
0.079
0.038
0.141
822
199
45
20,360
15,949
29,322
2,300
0.076
0.034
0.035
0.320
1,539
538
1,034
736
2,361
737
1,034
781
29,874
360
11,143
2,945
0.128
0.075
0.033
0.328
3,816
27
373
966
As at December 31, 2012
Based on attributable ounces
NORTH AMERICA
Goldstrike Open Pit
Goldstrike Underground
Goldstrike Property Total
Pueblo Viejo (60.00%)
Cortez
Goldrush
Bald Mountain
Turquoise Ridge (75.00%)
Round Mountain (50.00%)
South Arturo (60.00%)
Ruby Hill
Hemlo
Marigold Mine (33.33%)
Golden Sunlight
Donlin Gold (50.00%)
SOUTH AMERICA
Cerro Casale (75.00%)
Pascua-Lama
Veladero
Lagunas Norte
Pierina
AUSTRALIA PACIFIC
Porgera (95.00%)
Kalgoorlie (50.00%)
Cowal
Plutonic
Kanowna Belle
1,459
0.139
203
3,368
0.122
411
614
2,910
0.121
352
Darlot
Granny Smith
Lawlers
AFRICA
Bulyanhulu (73.90%)
168
134
-
0.185
0.216
-
31
29
-
405
5,377
670
0.212
0.063
0.206
86
339
138
117
368
138
338
4,750
1,025
0.228
0.204
0.187
77
969
192
-
-
-
8,694
0.282
2,453
2,453
6,896
0.348
2,403
North Mara (73.90%)
2,468
0.120
295
13,105
0.113
1,486
1,781
877
0.107
94
60
-
0.033
-
2
-
12,056
63,672
540
3,501
0.030
0.042
0.193
0.001
358
2,681
104
2
360
2,681
104
2
5,874
10,592
105
780
0.032
0.056
0.133
0.022
189
591
14
17
0.045
6,354
1,718,641
0.045
76,654
83,008
961,401
0.037
35,591
Buzwagi (73.90%)
Nyanzaga (73.90%)
Tulawaka (51.73%)
OTHER
TOTAL
140,367
COPPER MINERAL RESOURCES
(1,2)
Tons
MEASURED (M)
Grade
Contained lbs
Tons
INDICATED (I)
Grade
Contained lbs
(M) + (I)
Contained lbs
Tons
INFERRED
Grade
Contained lbs
(000's)
(%)
(millions)
(000's)
(%)
(millions)
(millions)
(000's)
(%)
(millions)
Zaldivar
79,153
0.435
688
46,050
0.460
424
1,112
26,089
0.556
290
Lumwana
105,428
0.369
778
809,871
0.512
8,287
9,065
23,938
0.363
174
-
3,501
1.871
131
131
780
2.692
42
1,466
859,422
0.514
8,842
10,308
50,807
0.498
506
As at December 31, 2012
Based on attributable pounds
Jabal Sayid
TOTAL
184,581
0.397
(1)
Resources which are not reserves do not have demonstrated economic viability.
(2)
See accompanying footnote #1.
144
CONTAINED SILVER WITHIN REPORTED GOLD RESERVES (1)
For the year ended Dec. 31, 2012
Based on attributable ounces
IN PROVEN GOLD RESERVES
IN PROBABLE GOLD RESERVES
TOTAL
Tons
Grade
Contained ozs
Tons
Grade
Contained ozs
Tons
Grade
Contained ozs
(000s)
(oz/ton)
(000s)
(000s)
(oz/ton)
(000s)
(000s)
(oz/ton)
(000s)
Process recovery
%
NORTH AMERICA
Pueblo Viejo (60.00%)
22,954
0.75
17,179
158,834
0.48
76,619
181,788
0.52
93,798
87.2%
189,900
43,514
16,766
33,045
5,941
0.06
1.73
0.12
0.28
0.66
10,565
75,454
1,947
9,172
3,915
800,188
380,603
188,242
438,108
44,072
0.04
1.58
0.11
0.41
0.32
33,451
600,795
21,546
179,720
14,279
990,088
424,117
205,008
471,153
50,013
0.04
1.59
0.11
0.40
0.36
44,016
676,249
23,493
188,892
18,194
69.0%
81.6%
19.1%
5.9%
26.9%
SOUTH AMERICA
Cerro Casale (75.00%)
Pascua-Lama
Lagunas Norte
Veladero
Pierina
AFRICA
Bulyanhulu (73.90%)
TOTAL
(1)
674
0.20
134
29,437
0.23
6,904
30,111
0.23
7,038
67.2%
312,794
0.38
118,366
2,039,484
0.46
933,314
2,352,278
0.45
1,051,680
65.5%
Silver is accounted for as a by-product credit against reported or projected gold production costs.
CONTAINED COPPER WITHIN REPORTED GOLD RESERVES (1)
For the year ended Dec. 31, 2012
Based on attributable pounds
IN PROVEN GOLD RESERVES
IN PROBABLE GOLD RESERVES
TOTAL
Process recovery
%
Tons
Grade
Contained lbs
Tons
Grade
Contained lbs
Tons
Grade
Contained lbs
(000s)
(%)
(millions)
(000s)
(%)
(millions)
(000s)
(%)
(millions)
22,954
0.081
37.0
158,834
0.098
310.5
181,788
0.096
347.5
79.0%
189,900
43,514
0.190
0.096
721.3
83.7
800,188
380,603
0.226
0.075
3,613.3
574.4
990,088
424,117
0.219
0.078
4,334.6
658.1
87.4%
63.0%
674
4,786
0.326
0.074
4.4
7.1
29,437
46,806
0.526
0.107
309.7
99.9
30,111
51,592
0.522
0.104
314.1
107.0
93.6%
70.0%
261,828
0.163
853.5
1,415,868
0.173
4,907.8
1,677,696
0.172
5,761.3
84.2%
NORTH AMERICA
Pueblo Viejo (60.00%)
SOUTH AMERICA
Cerro Casale (75.00%)
Pascua-Lama
AFRICA
Bulyanhulu (73.90%)
Buzwagi (73.90%)
TOTAL
(1)
Copper is accounted for as a by-product credit against reported or projected gold production costs.
145
CONTAINED SILVER WITHIN REPORTED GOLD RESOURCES
For the year ended Dec. 31, 2012
Based on attributable ounces
(1)
MEASURED (M)
Tons
Grade
Contained ozs
Tons
INDICATED (I)
Grade
Contained ozs
(M) + (I)
Ounces
Tons
INFERRED
Grade
Contained ozs
(000's)
(oz/ton)
(000's)
(000's)
(oz/ton)
(000's)
(000's)
(000's)
(oz/ton)
(000's)
4,315
0.44
1,913
129,250
0.34
44,566
46,479
10,857
0.42
4,535
19,356
23,420
849
3,167
201
0.04
0.71
0.09
0.14
0.24
720
16,708
76
429
49
226,634
246,510
38,613
27,019
2,563
0.03
0.68
0.06
0.39
0.22
7,257
168,459
2,370
10,454
566
7,977
185,167
2,446
10,883
615
413,013
35,590
8,896
66,309
7,487
0.03
0.45
0.04
0.34
0.29
12,594
16,055
371
22,478
2,150
NORTH AMERICA
Pueblo Viejo (60.00%)
SOUTH AMERICA
Cerro Casale (75.00%)
Pascua-Lama
Lagunas Norte
Veladero
Pierina
AFRICA
Bulyanhulu (73.90%)
TOTAL
(1)
-
-
-
8,694
0.24
2,066
2,066
6,648
0.30
1,979
51,308
0.39
19,895
679,283
0.35
235,738
255,633
548,800
0.11
60,162
Resources which are not reserves do not have demonstrated economic viability.
CONTAINED COPPER WITHIN REPORTED GOLD RESOURCES (1)
For the year ended Dec. 31, 2012
Based on attributable pounds
IN MEASURED (M) GOLD RESOURCES
Tons
Grade
Contained lbs
(000's)
(%)
4,315
0.12
19,356
23,420
0.126
0.061
(M) + (I)
Contained lbs
Tons
INFERRED
Grade
Contained lbs
(000's)
(%)
(millions)
(millions)
(000's)
(%)
(millions)
10.3
129,250
0.091
235.7
246.0
10,857
0.075
16.2
48.7
28.7
226,634
246,510
0.161
0.053
730.5
261.0
779.2
289.7
413,013
35,590
0.191
0.047
1,580.1
33.7
12,056
0.083
20.0
20.1
5,874
0.076
8.9
0.101
1,247.2
1,335.0
465,334
0.176
1,638.9
(millions)
IN INDICATED (I) GOLD RESOURCES
Tons
Grade
Contained lbs
NORTH AMERICA
Pueblo Viejo (60.00%)
SOUTH AMERICA
Cerro Casale (75.00%)
Pascua-Lama
AFRICA
Buzwagi (73.90%)
TOTAL
(1)
60
0.08
0.1
47,151
0.093
87.8
614,450
Resources which are not reserves do not have demonstrated economic viability.
NICKEL MINERAL RESOURCES (1)
Tons
MEASURED (M)
Grade
Contained lbs
Tons
INDICATED (I)
Grade
Contained lbs
(M) + (I)
Contained lbs
Tons
INFERRED
Grade
Contained lbs
(000's)
(%)
(millions)
(000's)
(%)
(millions)
(millions)
(000's)
(%)
(millions)
7,606
2.490
378.8
12,897
2.720
701.6
1,080.4
11,464
2.600
596.1
For the year ended Dec. 31, 2012
Based on attributable pounds
AFRICA
Kabanga (50.00%)
(1)
Resources which are not reserves do not have demonstrated economic viability.
146
1. Mineral reserves (“reserves”) and mineral resources (“resources”) have been calculated as at December 31, 2012 in accordance with National Instrument 43‐101 as required by Canadian securities regulatory authorities. For United States reporting purposes, Industry Guide 7, (under the Securities and Exchange Act of 1934), as interpreted by Staff of the SEC, applies different standards in order to classify mineralization as a reserve. Accordingly, for U.S. reporting purposes, approximately 1.98 million ounces of reserves at Pueblo Viejo (Barrick’s 60% interest) is classified as mineralized material. In addition, while the terms “measured”, “indicated” and “inferred” mineral resources are required pursuant to National Instrument 43‐101, the U.S. Securities and Exchange Commission does not recognize such terms. Canadian standards differ significantly from the requirements of the U.S. Securities and Exchange Commission, and mineral resource information contained herein is not comparable to similar information regarding mineral reserves disclosed in accordance with the requirements of the U.S. Securities and Exchange Commission. U.S. investors should understand that “inferred” mineral resources have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. In addition, U.S. investors are cautioned not to assume that any part or all of Barrick's mineral resources constitute or will be converted into reserves. Calculations have been prepared by employees of Barrick, its joint venture partners or its joint venture operating companies, as applicable, under the supervision of Rick Sims, Senior Director, Resources and Reserves, of Barrick, David Londono, Director, Open Pit Life‐of‐Mine Business Planning, of Barrick and Steven Haggarty, Senior Director, Metallurgy, of Barrick. Except as noted below, reserves have been calculated using an assumed long‐term average gold price of $US 1,500 per ounce, a silver price of $US 28.00 per ounce, a copper price of $US 3.00 per pound and exchange rates of 1.0 $Can/$US and 1.00 $US/$Aus. Reserves at Round Mountain have been calculated using an assumed long‐term average gold price of $US 1,200. Reserve calculations incorporate current and/or expected mine plans and cost levels at each property. Varying cut‐off grades have been used depending on the mine and type of ore contained in the reserves. Barrick’s normal data verification procedures have been employed in connection with the calculations. Resources as at December 31, 2012 have been estimated using varying cut‐off grades, depending on both the type of mine or project, its maturity and ore types at each property. For a breakdown of reserves and resources by category and for a more detailed description of the key assumptions, parameters and methods used in calculating Barrick’s reserves and resources, see Barrick’s most recent Annual Information Form/Form 40‐F on file with Canadian provincial securities regulatory authorities and the U.S. Securities and Exchange Commission. 2. In connection with the write‐down of the Company’s investment in Tethyan Copper Company (TCC), which holds the Company’s interest in the Reko Diq project, the Company has removed the estimate of mineralized material associated with the Reko Diq project from its statement of resources for 2012. For additional information regarding this matter, see pages 20 and 139 of Barrick’s Year‐End Report 2012. 147