The Gold Mining Business

Timing Is Everything

Presented by Iain Allen Senior Manager – Mining Information Technology

“If you don’t measure it, you can’t manage it”

Less and less bang for the Exploration buck!

Tough and getting tougher Cost control is paramount

#1 #1 Market Cap Company (US$Bn) Goldcorp 15.88 Barrick 14.43 #2 Newmont 11.09 Newcrest 8.12 Agnico 6.43 Anglogold Ashanti 4.09 Yamana 3.95 Eldorado 3.53 Gold Fields 3.43 Polyus 3.43

• Customer since 1998 • 10 PI Servers with a total of 146K tags • Basic installations without common infrastructure across sites

“Secure Barrick's License to Operate by establishing strong Environmental management systems, aligned with international standards.”

Store Batch Processes MMRS Database (Reconciliation EOP) (SQL Server 2008 R2 preferred)

Electronic Upload Manual Data Master Data Capture ETL Management Entry

Spreadsheets/ Time cards and Real-time source Sources Scheduling logs data stores systems HP-GPS HME Health Fleet system Fuel system Plant Historian Drill/Dozer/Dragline

PI System – One Source of the Truth

Data stored in the PI System was instrumental in optimizing Oxygen Plant operation, resulting in a $1,000,000/mo energy saving.

© Copyright 2015 OSIsoft, LLC 14 Justifying the EA: Water Management “Water is a critical component in mining and it’s also an essential but scarce resource in many parts of the world. I can tell you from first- hand experience that it is a very emotional issue.”

Dr. Mei Shelp, Barrick Hydrologist

© Copyright 2015 OSIsoft, LLC 15 Justifying the EA: Stakeholder Reporting • Biodiversity • Materials Management • Water Management • Air Emissions Management • Waste Rock and Tailing Management • Reclamation

© Copyright 2015 OSIsoft, LLC 16 Justifying the EA: Plant Optimization Darlot Mine example: • Increased throughput 10% • Reduced power consumption 1% • Leach feed density variability reduced 80% • Potential $3.5 million in savings

“If it ain’t broke, don’t fix it”

“With Data, You Are NOT Just Another Person With An Opinion.”

“If You Do Measure It, You Can Manage It.”

Business Challenges Solution(s) Results and Benefits

A. Request a significant capital A. Justify the EA convincingly. A. An EA for Barrick. expenditure for an EA in a time of strict fiscal austerity B. Concentrate initial efforts where the B. Significant savings in Energy costs, payoff is greatest – Energy and better water management and B. Meet the challenge of Operational Water. reporting. Excellence. C. Need to develop Asset Framework C. Maximize Training and the use of C. Consistent approach to Energy and templates for Energy, Water, and CoE and OSIsoft Mining Industry Water management. Plant operations. Experts.

Iain Allen

[email protected] Senior Manager, Mining Information Technology Barrick Gold Corporation