Barrick Achieves Dow Jones Sustainability World Index Ranking for Sixth Consecutive Year

PRESS RELEASE – September 12, 2013

Barrick Achieves Dow Jones Sustainability World Index Ranking for Sixth Consecutive Year

TORONTO — Barrick Gold Corporation has been named to the Dow Jones Sustainability World Index (DJSI) for the sixth consecutive year, and has also been included on the DJSI’s North American index of leading companies for a seventh straight year.

“It’s an honor to be recognized again this year by this highly-regarded and long-standing global sustainability index,” said Jamie Sokalsky, Barrick’s President and Chief Executive Officer. “The DJSI provides a very important benchmark for our progress in mining responsibly.

“While the past year has been a challenging one for the company, Barrick’s commitment to transparency, environmental management, and positive community engagement remains unchanged. I’d like to thank our employees for their continued diligence and professionalism, and I share this important recognition with them.”

The DJSI World Index independently evaluates more than 2,500 global companies using rigorous sustainability criteria to identify the top ten percent of performers. Companies are assessed based on a range of sustainability metrics, including governance, social performance, environment and economic contributions — taking into account both industry-specific trends, as well as sustainability issues facing multiple sectors.

Barrick knows that operating in a responsible manner creates significant value for its shareholders, employees, local communities and host-country governments. In 2012, Barrick contributed $13.8 billion in the form of wages and benefits, royalties and taxes, local procurement and community investments to its host countries. This includes $6.4 billion in communities in the developing and emerging economies where Barrick operates.

Read more about Barrick’s commitment to responsible mining on our blog, Beyond Borders, at http://barrickbeyondborders.com. Barrick’s 2012 Responsibility Report is available at http://barrickresponsibility.com.

You can also follow Barrick on Twitter and Barrick on Facebook.

For more information on the DJSI indexes, visit www.sustainability-indexes.com.

About Barrick Gold Corporation

Barrick is the world’s largest gold producer. Based in Toronto, the company operates mines and advanced exploration and development projects on four continents. Shares are traded on the Toronto and New York stock exchanges under the symbol ABX.

MEDIA CONTACT:

Andy Lloyd

Vice President, Communications

Telephone: +1 416 307-7414

Email: alloyd

INVESTOR CONTACT:

Amy Schwalm

Vice President, Investor Relations

Telephone: +1 416 307-7422

Email: aschwalm

Barrick Achieves Dow Jones Sustainability World Index Ranking for Sixth Consecutive Year.pdf

Read Full Post »

Absence of a legislative Framework for Waste Rock Management in PNG

During a professional dialogue today I was surprised to learn that Papua New Guinea still doesn’t have a legislative framework to regulate the management of waste rocks that are dug out and dumped around the mining’s and associated works in PNG.

The Government just gives them a mining permit and expects them manage their waste rocks in a ‘reasonable’ way so as not to impose adverse impact on the environment and its inhabitants including the people. Unfortunately the law does not define ‘reasonable’ here.

If the mining’s fail to manage this aspect well the long term consequences will be very very adverse and regrettable. The current bunch of greedy politicians and bureaucrats are only interested in collecting tax and royalties at the expense of the fate of the future generations on areas that will be affected which is totally unwise and absurd.

Each mining company under its Corporate Social Responsibility (CSR) charters have a duty of care to manage this aspect very well but the absence of this very legislation (or adoption thereof) confers them immunity if they choose otherwise to take heed in their operation and closure plans.

Below is a bulleted points of main ideas associated with waste rock management in any given mining sector:

Why manage waste rock?

· Prevent adverse environmental impacts

· Minimise closure costs

· Meet legal requirements

· Meet our corporate social responsibility and maintain social licence to operate

Waste Rock Management

· Waste rock is material that is mined from the Open Pit and Underground that does not bear gold, but must be removed to access ore grade material.

Competent rocks – hard rocks

• Competent rocks are place at the stable rock dumps

Incompetent rocks – soft rocks, top soil and mudstone

• Incompetent rocks are placed at erodible dumps

How are waste rock managed?

• Waste rock dumps must be correctly engineered and maintained to prevent failures
• Waste rock must be selectively placed to prevent acid mine drainage (see picture above)

Waste Rock Dump (WRD) Rehabilitation

• Completed waste rock dumps are rehabilitated by

– Covering the WRD with soil

– Applying fertilizer to assist plant growth

– Planting legumes and grass for ground cover

– Planting seedlings of local tree species

Testing and monitoring of the process is an integral part of this management process!

Read Full Post »

Five Steps to Making Time for the Work That Matters

Five Steps to Making Time for the Work That Matters

Read Full Post »

Top 10 Ways of Dealing with a Break Ups

Top 10 Ways of Dealing with a Break Ups

Written by Staff Lovenemotions [re-post]

Breaking up a relationship is extremely hard on both the person who is initiating the break-up as well as the person who is at the receiving end. Whatever the circumstances, when a break up occurs, it breaks your heart. The jilted usually carry a lot of emotional baggage while the person who asks for the break up might end up feeling mighty guilty about it. Let’s find out how you can deal with this situation.

Here are top 10 ways on how to cope with a break up:

1.) Accept the end – Once the break up happens, you need to put it behind you and cope with the negative feelings that well inside you. The most important thing is to accept it. Do not cling onto the hope that a miracle would happen and things would go back to normal. Do not hope that the break-up would be reversed by some magic and you would be back together as if nothing happened. This would make things unbearable for you. Rather, you should accept it. Accept that your relationship is over. Accept that the other person would not be there for you any more.

2.) Respect yourself – never blame yourself for a break-up. Be kind to yourself and your feelings. Do not punish yourself and do not entertain thoughts of ending your life or anything as drastic. There is life after a break up and chances are that the right person is there out looking for you just at this very moment. Don’t you want to meet that special person that God has created only for you? Respect yourself enough to give yourself another chance to be happy.

3.) Pamper yourself for a while – it hurts when you live through a break up. You need to replace the negative feelings created in your heart (and which influences every part of the body) with positive feelings. The easiest way to create positive feelings is to indulge in yourself. Do something you love – go to the movies; go for a world tour or a great tourist destination for a great vacation; treat yourself for a special body massage or beauty treatment; start a new hobby; binge of some food you love; buy some excellent jewelry; etc. Center all your attention on your pleasure for a while. Wash away your hurt by indulging yourself.

4.) Connect with your family – you will be surprised how wonderful the love of your family feels after or during a break up. You will realize how much love you are taking for granted while you are crying for the one love that is no more yours. Count your blessings in the love of your family, your close friends and renew these wonderful emotional bonds.

5.) Allow yourself to heal – do not throw yourself into new relationships immediately after a break up. Raw emotions would almost always give you the wrong reasons to forge new relationships. Look for new relationships only when you can look back on the broken one without pain. Learn from the relationship and move ahead. Do not use it as a leverage against the person who broke up with you.

6.) Forget the revenge mode – falling in and falling out of love happens. It is sad – but it happens. Accept this as a fact and do not seek revenge for being set aside for another person. Break up are usually emotionally shattering because they are interpreted as rejection. However, it is not rejection. It is a way to say that “I am not getting what I want from you.” This is fine – nothing personal. Everybody is entitled to their opinion and happiness. Respect this choice and forget revenge. When you hate or plot for revenge, you can never let go of the past. Remember, “Revenge is the confirmation of pain.” It also ties you up with the past – never allowing you to really move ahead. Do you really want that?

7.) Take up a new hobby – you might find that time lies heavy on your hands. Use that time to enjoy yourself. Read, watch TV or develop a new hobby which would occupy you and also bring you joy. You might even try to use your free time for a professional course or learning a new language. Keeping your mind occupied in creative activities is a great way to cope with a break up.

8.) Time is the best healer – understand that it takes time for you to stop feeling the hurt n your heart. Give yourself the time to heal. Do not hurry the process along as if you do, the clogged emotions would erupt one day in a harmful way. Realize that the hurt would leave you gradually just as a wound would gradually heal.

9.) Move on – aim ahead. Do all that you find possible to move on as normally as possible. Keep yourself surrounded by well-meaning friends and family with whom you could openly converse regarding your feelings. The more you are able to vocalize these feelings, the better you will be able to deal with a breakup.

10.) Everything happens for the good – understand that everything happens for the good. Use this event as a learning measure for self growth. This is just a step in your journey towards finding the true love of your life.

Here are some more tips and a different perspective on how to deal with a painful breakup

Read Full Post »

Telephone Scam

An email warning about scam emails!

From: Rice, Sean (Porgera)
Sent: Sunday, 1 September 2013 8:46 AM
To: PPL Porgera Users
Subject: Telephone Scam

Currently there is a telephone scam where text messages are sent to individuals on their cell phones advising them they have won money, asking them to ring a number and supply banking details.

It is not recommended to supply banking details via these means or to unknown persons, as some individuals personal bank accounts have been wiped out as a result of this scam.

Regards,

Sean Rice | Security Operations Superintendent | Porgera Joint Venture I Barrick (Niugini) Ltd

( PNG (+675) 547 8975 | Internal Site: 4322| | srice | (Web) www.barrick.com

SAY SOMETHING, BLAME NO ONE, DO SOMETHING, NOW

Read Full Post »