2014 Responsibility Report Table of Contents

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2014 Responsibility Report Table of Contents Responsible Mining 2014 Responsibility Report Table of Contents SECTION 1 About Our Report SECTION 2 Responsible Mining SECTION 3 Community SECTION 4 Safety and Health SECTION 5 Environment SECTION 6 Employees SECTION 7 Human Rights SECTION 8 Security SECTION 9 Products SECTION 10 Assurance Statement SECTION 11 Data Tables SECTION 12 GRI Index Appendix A: SECTION 13 2014 Material Issues Report ABOUT RESPONSIBLE COMMUNITY SAFETY / ENVIRONMENT EMPLOYEES HUMAN SECURITY PRODUCTS ASSURANCE DATA GRI REPORT MINING HEALTH RIGHTS STATEMENT TABLES INDEX SECTION 1 About Our 2014 Responsibility Report Barrick reports according to the Global Reporting Initiative’s (GRI) Sustainability Reporting Guidelines, using GRI-G3, the third version of the guidelines. Our annual Responsibility Report, based on the GRI framework and Mining & Metals Supplement, can be used by us, and by our stakeholders, to benchmark our performance against others in our industry. The 2014 Responsibility Report provides information on Barrick’s management of significant issues affecting our license to operate, including environmental, work- place, and social issues. The Responsibility Report, including a small Material Issues Summary Report, is located at the Responsibility tab on the Barrick website. Both reports can be printed in PDF format. The GRI Content Index table is located on the website. We have included a reference index for the 10 Principles of the UN Global Compact and the International Council on Mining and Metals (ICMM) Sustainable Development Principles in the table. ăă 1.1 Report Parameters ăă 1.2 Defining Report Content and Ensuring Quality ăă 1.3 Restatement of Information ăă 1.4 Significant Developments in 2014 ăă 1.5 Contact Information ăă 1.6 Recognition for Responsible Mining Practices in 2014 Barrick Gold Corporation 2014 Responsibility Report 1 ABOUT RESPONSIBLE COMMUNITY SAFETY / ENVIRONMENT EMPLOYEES HUMAN SECURITY PRODUCTS ASSURANCE DATA GRI REPORT MINING HEALTH RIGHTS STATEMENT TABLES INDEX ăă 1.1 Report Parameters Reporting Period Report Boundary and Limitations The Responsibility Report is an annual report, consistent with This annual report and accompanying data tables contain previous reports. It covers the 2014 calendar year which corre- information on all our wholly-owned and joint-venture opera- sponds to Barrick’s financial year. Reference may be made in this tions1, country and corporate offices. We also provide limited report to an activity that occurred early in 2015, if it helps to information on our closure properties and advanced explora- clarify a particular issue. Barrick’s previous Responsibility Reports tion and development projects. We provide information, when have also been annual reports; the latest was published in May material, on subsidiaries, provided they have been under our 2014. These reports are available on the Barrick website. operational control for at least one year. Operating Mines Projects Head Office OWNERSHIP MINES WHOLLY-OWNED MINES (12) Bald Mountain, Cortez, Cowal, Golden Sunlight, Goldstrike, Hemlo, Lagunas Norte, Lumwana, Pierina, Ruby Hill, Veladero, Zaldívar JOINT VENTURE MINES (4) KCGM (50%), Porgera (95%), Pueblo Viejo (60%), Turquoise Ridge (75%) JOINT VENTURE MINES Round Mountain (50%) WE DO NOT OPERATE (1) DEVELOPMENT PROJECTS (4) Cerro Casale, Donlin Gold, Jabal Sayid, Pascua-Lama 1 We report on 100 percent of the data and significant issues from our joint-venture operations where we are the operator. We no longer report on joint venture properties where we are not the operator. Where we have a 50 percent interest and jointly operate the property, we report on 100 percent of the data and signifi- cant issues, whether or not our joint venture partner does the same. Currently, KCGM is the only operation in that category. Barrick Gold Corporation 2014 Responsibility Report 2 ABOUT RESPONSIBLE COMMUNITY SAFETY / ENVIRONMENT EMPLOYEES HUMAN SECURITY PRODUCTS ASSURANCE DATA GRI REPORT MINING HEALTH RIGHTS STATEMENT TABLES INDEX Barrick and Acacia Mining plc (formerly African Barrick Gold) we calculate and report all Scope 1 GHG emissions using are parties to a relationship agreement that regulates various Environment Canada’s emission factors. Thus, our Scope 1 aspects of the ongoing relationship between the two compa- numbers might vary from those reported for the same opera- nies to ensure that Acacia is capable of carrying on its business tion under that operation’s national reporting requirements. independently of Barrick. Consistent with this agreement, Scope 2 emissions (purchased electricity) are calculated using Acacia independently manages its CSR programs and issues its country or electricity provider emission factors. own annual CSR Report. As such, effective as of year-end 2013, our annual Responsibility Report no longer includes Acacia. All currency amounts in this report are expressed in US dollars, unless otherwise indicated. Data are reported using the metric There are no specific limitations on the scope or boundary of system. our report, except as reported above. Most data are aggregated within the report. However, data Report Data tables, which have four years of data, separated by each country of operation, are available in this PDF report. Due to organi- Barrick’s data is sourced from our sites using a variety of data zational changes in 2013, we moved from reporting data by measurement techniques. Much of the information is entered region to reporting by country. Data are often presented in two directly into a global data management system. Data review ways; as absolute data and as intensity metrics. Data collection occurs at the site, country and corporate levels. continues to improve each year. Any significant errors will be ac- knowledged when identified or in the next Responsibility Report. In order to provide consistency in reporting across our global operations, for this report and on our website data tables ăă 1.2 Defining Report Content and Ensuring Quality In compiling this report we were guided by our Corporate Social Responsibility Charter, the International Council on Mining and Metals sustainable development framework and principles, the UN Global Compact 10 Principles, as well as the GRI-G3 indicators, and current CSR issues and trends. Seven material issues were identified for 2014 and are reported on in this report, along with other important corporate responsibility issues. A 2014 Material Issues Report, which provides specific information on our management of the seven material issues, is also available on our website. For more information on our Materiality Process, see the Material Issues Report. ăă 1.3 Restatement of Information Due to the decision to exclude Acacia Mining plc from the 2014 Responsibility Report, Tanzania is not included in our 2014 data. However, Acacia data for 2011-2013 are included in the global totals for each data set. Barrick Gold Corporation 2014 Responsibility Report 3 ABOUT RESPONSIBLE COMMUNITY SAFETY / ENVIRONMENT EMPLOYEES HUMAN SECURITY PRODUCTS ASSURANCE DATA GRI REPORT MINING HEALTH RIGHTS STATEMENT TABLES INDEX ăă 1.4 Significant Developments in 2014 • From January through April, 2014, Barrick completed the executive management structure, Barrick appointed two sale of its Plutonic and Kanowna mines in Australia and its Co-Presidents, reflecting the interconnected nature and minority interest in the Marigold mine in Nevada.In March strategic importance of jointly managing day-to-day min- 2014, Barrick completed the divestment of a portion of ing operations and Barrick’s relationships with host gov- its equity interest in Acacia Mining plc (formerly African ernments, local communities, and other external stake- Barrick Gold). Barrick’s equity interest in Acacia was re- holders. As part of this restructuring, Barrick eliminated duced to 63.9 percent. the Chief Executive Officer role. • In the third quarter of 2014, Barrick implemented an • In December 2014, Barrick completed a joint ven- executive management structure that places a greater ture agreement with Saudi Arabian Mining Company emphasis on operational excellence and the acceleration (Ma’aden), which is 50 percent owned by the Saudi of portfolio optimization and cost reduction initiatives, Arabian government, to operate the Jabal Sayid project. while fostering a partnership culture. As part of the new ăă 1.5 Contact Information For additional information regarding the 2014 Responsibility Report, please contact Peter Sinclair, Senior Vice President, Corporate Affairs Barrick Gold Corporation Brookfield Place, TD Canada Trust Tower 161 Bay Street, Suite 3700 Toronto, ON M5J 2S1 Canada Telephone: 416.861.9911 Toll Free: 800.720.7415 Email: [email protected] ăă 1.6 Recognition for Responsible Mining Practices in 2014 • Barrick was listed on the Dow Jones Sustainability World • Barrick was listed on the NASDAQ Global Sustainability Index in September 2014 for the seventh consecutive year. Index as one of the top 100 companies in the world for We were recognized as the industry leader in 2014. This sustainability reporting and performance. We have been is also the eighth year that we have been included on the included in the Index since November 2010. DJSI North American Index. Barrick Gold Corporation 2014 Responsibility Report 4 ABOUT RESPONSIBLE COMMUNITY SAFETY / ENVIRONMENT EMPLOYEES HUMAN SECURITY PRODUCTS ASSURANCE DATA GRI REPORT MINING HEALTH RIGHTS STATEMENT TABLES INDEX SECTION 2 Responsible Mining At Barrick, we are committed to building,
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