Gold $ 1,217.40 ABX NYSE $ 13.66 ABX TSX $ 15.24 Home>Operations>Argentina>Veladero Veladero The Veladero mine is located in the San Juan Province of Argentina, immediately to the south of the Pascua-Lama property in the highly prospective Frontera District. The property is located at elevations of 4,000 to 4,850 meters above sea level, approximately 374 kilometers northwest of the city of San Juan. » Take a virtual tour of the mine Veladero is a conventional open-pit operation where ore is crushed by a two-stage crushing process and transported via overland conveyor and trucks to the leach pad area. Run-of-mine ore is trucked directly to the valley-fill leach pad. Veladero produced 641,000 ounces of gold in 2013 at all-in sustaining costs (AISC) of $833 per ounce1. Proven and probable mineral reserves as at December 31, 2013, were 5.1 million ounces of gold2. Gold production in 2014 is expected to be at the high end of the guidance range of 650,000-700,000 ounces, and all-in sustaining costs are anticipated to be at the low end of the guidance range of $940-$990 per ounce1. Operating costs at Veladero are also highly sensitive to local inflation and the foreign exchange rate of the Argentine peso. We have assumed an average ARS:USD exchange rate of 8.5:1 for the purposes of preparing our AISC guidance for 2014. + Photos Map Open Map Performance 641,000 Ounces of gold produced in 2013 5,100,000 Ounces of proven and probable gold reserves All-in sustaining costs per ounce is a non-GAAP financial performance measure. See pages 46-51 of Barrick’s Second Quarter 2014 Report. Calculated in accordance with National Instrument 43-101 as required by Canadian securities regulatory authorities. For a breakdown of reserves and resources by category and additional information relating to reserves and resources, see pages 27-37 of Barrick’s 2013 Form 40-F. 2013 Responsibility Report Beyond Borders CAREERS NEWS CONTACT US Legal & Privacy © 2014 Barrick About Us Profile FAQs Careers Management Contact Us Most Popular Q2 2014 Results Operations Share Price Presentations 2013 Annual Report Stay Connected