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AFRICAN BUZZ •

On the health and safety front , there had been zero lost time injuries during the quarter up to and including 24 March , the malaria and HIV programs continued to deliver infection rate reductions and 60 % of the mine ’ s employees had been vaccinated against Covid-19 , versus a national average of 1 %.

Conservation : Relocation of +/ - 50 white rhinos In addition to Kibali ’ s long-standing support for conservation measures in one of DRC ’ s leading national parks , African Parks and Barrick are looking to reintroduce the white rhino to the Garamba national park . In what will be the largest exercise of its kind , the plan envisages the relocation of around 50 white rhinos to Garamba , creating a new population group which is critical in the long-term plan to protect this species . In line with Barrick ’ s development strategy , the mine also launched the Garamba Alliance in partnership with the US Agency for International Development ( USAID ).

Kibali ’ s development and future prospects Since the project that became Kibali was acquired in 2009 , its probable mineral reserves were doubled to more than 10 million ounces ¹ of gold in 2010 . Construction then started the following year , three hydropower plants were built and the infrastructure – including the road to the Ugandan border – was developed . The mine went into production in 2013 and still today has more than 10 years of mine life ahead , with 2021 total proven and probable mineral reserves of 83Mt at 3.60g / t for 9.6Moz ² of

gold , before considering extensions to known orebodies and new discoveries . Since 2009 , Kibali has invested almost USD4- billion in the DRC in the form of royalties , taxes and permits ; infrastructure and community development ; salaries ; and payments to local suppliers and contractors , which have created a thriving regional economy .

“ Barrick is continuing to invest in the DRC , not only by developing the many new growth opportunities which are extending Kibali ’ s life , but also through pursuing greenfields exploration and other opportunities across the country as we search for our next worldclass discovery ,” Bristow said . •

There had been zero lost time injuries during the quarter up to and including 24 March , the malaria and HIV programs continued to deliver infection rate reductions and 60 % of the mine ’ s employees had been vaccinated against Covid-19 .

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Testing and Analysis | Lubricant-enabled Reliability | Asset ^African Reliability ^{Mining • June 2022} Care ^{• 5}