Barrick Completes Divestiture of its Interest in Kalgoorlie Consolidated Gold Mines

PRESS RELEASE

NYSE : GOLD TSX : ABX

Barrick Completes Divestiture of its Interest in Kalgoorlie Consolidated Gold Mines

All amounts expressed in U.S. dollars

TORONTO — November 28, 2019 — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) ("Barrick" or the "Company") today announced it has completed the divestiture of its 50 percent interest in Kalgoorlie Consolidated Gold Mines ("KCGM") in Western Australia to Saracen Mineral Holdings Limited for a total cash consideration of $750 million.

Enquiries:

Mark Bristow Kevin Thomson Kathy du Plessis President and chief executive Senior executive vice-president, Investor & media relations +1 647 205 7694 strategic matters +44 20 7557 7738 +44 788 071 1386 +1 416 307-5150 [email protected]

Website: www.Barrick.com