Dominican Republic

Economic Investments Report | 2016

Advancing. Together.

The Mining Context in the Dominican Republic

~50%

Amount Pueblo Viejo contributes

to the national corporate tax

base(2016)

500+

Number of years gold has been mined in the Dominican Republic

35%

Extractive industries’

contribution to the Dominican Republic’s GDP

(2016)

#1Gold is the

largest export (by value) of the

Dominican Republic (2015)

Source: EITI, WITS World Bank All figures in USD

Barrick in the Dominican Republic

Pueblo Viejo

▪ Joint venture between Barrick (60%) and Goldcorp (40%)

▪ Operational since 2013

▪ Produced 700,000 ounces of gold in 2016 (60% basis)

▪ Accounted for 12.7% of Barrick’s total production in 2016

▪ 2,083 employees and 2,108 contractors

▪ ISO 14001 and Cyanide Code certified

Barrick’s Economic Investment in the Dominican Republic

EXPENDITURES

$394M

$1.2M

$97M

$251M

In the Dominican Republic, where does this money go?

Communityinvestments

Employee wages & benefits

Taxes & royalties to the Dominican

government

Purchasesfrom Dominican

businesses

$743M

In-country

Out-of-country

$743 M

$250 M

$993 MTotal in 2016

75% of our expenditures stayed in the Dominican Republic in

2016, compared to 68% in 2015.

Taxes and Royalties in the Dominican Republic

Taxes, royalties to the Dominican

government

$394M

Pueblo Viejo is now the country’s largest tax payer, paying close to half of the

nation’s corporate tax.

$1.2BTaxes and royalties Pueblo Viejo

has contributed to the Dominican Republic since 2012.

The Dominican Republic joined the Extractive Industries

Transparency Initiative in 2016.

$4.81 M

$297.97 M$309.72 M

$213.05 M

$394.39 M

$

$50

$100

$150

$200

$250

$300

$350

$400

$450

2012 2013 2014 2015 2016

Mill

ions

Pueblo Viejo enters production

Taxes and Royalties (2012-2016)

Investing in Dominican Business

Purchases from Dominican

businesses

$251M

The $4 billion invested in the Dominican Republic to build

the Pueblo Viejo mine represents the largest foreign

investment in the country’s history.

$4.0B 50%Percentage of Barrick

purchases from Dominican businesses in 2016.

Amount Barrick has purchased from Dominican

businesses since 2012.

$19.69 M

$250.07 M

$230.84 M

Purchases of Goods and Services (2016)

Local Purchases

International Purchases

National Purchases

1 Local communities are defined as communities located within 25km from the center of any Pueblo Viejo components with significant risks or impacts from, or relevance to, the operation. The site has prioritized 39 communities: 25 around the mine and 14 around the power facilities.

1

Our Employees in the Dominican Republic

Employee wages & benefits

$97M10 out of 16

Senior site managers at Pueblo Viejo are Dominican nationals.

95% of employees at Pueblo Viejo are Dominican nationals.

1 Source: Women in Mining

Barrick’s Director of Corporate Social

Responsibility in the Dominican Republic, Faby Manzano, was named one

of the top 100 inspirational women in

mining in 2016.1

$26M

$18M

$6M

$47M

Annual Payroll (2016)

Employment Benefits

Employment Taxes

Payroll Taxes

Wages and Salaries

Investing in Dominican Communities

Community Investments

$1.2M$14.6M

Barrick has invested $1.7M in community education initiatives in the Dominican Republic since 2012.

Amount Barrick invested in community programs

since 2012.

Barrick has partnered with INFOTEP, a government agency, to deliver skills

training to more than 800 people from 14 local communities in 2016.

Amount Barrick contributed to a new multipurpose sports center located in the core of Cotuí, a municipality in the Sanchez Ramirez province. This is one

of 21 infrastructure projects builtthrough a cooperation agreement

between Pueblo Viejo and the municipality.

$173K

Dominican Republic

Economic Investments Report | 2016

Advancing. Together.