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BARRICK Q2 Report KEY GROWTH PROJECTS ADVANCED AND EXPLORATION EXPANDS AS BARRICK STAYS ON GUIDANCE TARGET ALL AMOUNTS EXPRESSED IN US DOLLARS Toronto , August 9 , 2021 Barrick Gold Corporation ( NYSE : GOLD ) ( TSX : ABX ) said today it had completed or progressed major capital projects in the second quarter of the year while its globally broadened exploration programmes delivered substantial reserve gains and stepped up the search for new world - class discoveries . The new Phase 6 heap leach facility at Veladero has been commissioned on time while the third shaft at Turquoise Ridge in Nevada has been sunk to its final depth . Also in Nevada , the updated Goldrush feasibility study has confirmed that this is a world - class asset which meets Barrick's investment criteria . In the Dominican Republic , Pueblo Viejo and its stakeholders have agreed on a government - led independent , strategic environmental assessment of Pueblo Viejo's Mine Life Extension Project , part of a $ 1.3 billion¹ expansion project which is expected to allow Barrick to convert approximately 9 million ounces of measured and indicated resources to proven and probable reserves , extending this Tier One² mine's life to 2040 and beyond.³ In Mali , Africa , the Loulo - Gounkoto complex's third underground mine has delivered its first ore . The success of ongoing brownfields exploration indicates that the North America and Africa & Middle East regions will both more than replace reserves after mining depletion this year . Greenfields programs are targeting new discoveries across the Barrick portfolio , which has been extended to include Egypt , Guyana , Japan , Senegal and Tanzania . 5 PUEBLO VIEJO EXPANSION ADVANCES CONTINUED ON PAGE 3 6 EXPLORATION DRIVES THE BARRICK TRAIN GUIDANCE MAINTAINED FROM STEADY PERFORMANCE COPPER BUSINESS DIFFERENTIATES BARRICK FROM PEERS CASH BALANCE IN EXCESS OF $ 5 BILLION NET EPS 23 CENTS 6 KIBALI MAINTAINS MOMENTUM ADJUSTED NET EPS¹ 29 CENTS QUARTERLY DIVIDEND 2ND RETURN OF CAPITAL TRANCHE * 9 CENTS SHARE -14 CENTS SHARE * Distribution per share amount is based on issued and outstanding shares as of June 30 , 2021 , and is subject to change.¹4 7 A LONGER LIFE FOR TONGON