1. North America Overview
Brant Hinze, Vice President, North American Operations
1

2. Nevada Overview
February 8, 2008 North America Overview 2

3. 2007 Sales by Process
Two mills produce 60% of Nevada sales
Carlin Mill 6 Roaster
LTree Leach: 1%
Twin
Ca
rl
Leach 3%
in
Ca
NA
rli
n
Mi
L: 5%
: 5%
2%
da
SA
:3
s:
ill 6
4%
L:
M
LTre
e Au
to: 4
%
Juniper: 5%
%
ke: 2
nsta
e
Que
: 3%
LTFoat
l :
0%
Twin Creeks Sage Autoclave
ill 5 %
M :8
ix
en
ho
Sage
P
:
28%
February 8, 2008 North America Overview 3

4. 2007 Sales by Process Type
Refractory Mills
Grind + Oxidize + Leach
Chemistry blending
4%
:1
ch
ea
Flotation Mills
LTree Le ach: 1%
L
T wi n
Ox
Ca
rl i n
Leach 3%
Grind + Float Concentrate + Leach Tails
13%
Ca
NA
rli
n
Mi
L: 5%
: 5%
%
da
SA
: 32
ills:
s:
Phoenix: Concentrates Smelter
ill 6
L:
4%
M
LTre
e Au
Ox M
to: 4%
Mill 5: Concentrates Mill 6 and Sage
Juniper: 5%
%
%
ke: 2
0
nsta
s: 6
Quee
Oxide Mills
%
Toll: 2 %
LTFoa:
l t
5: 3
0%
Mill
Mill
%
:8
Flo
ix
en
Grind + Leach
at
rac
ho
Sa g e
P
M
Ref
ills
: 28%
Oxide Leach
:1
1%
Leach directly on pads
February 8, 2008 North America Overview 4

5. 2007 Sales by Process by Mine
Twin Creeks Lone Tree
Leeville/Carlin East
Carlin NA Surf
Carlin SA Surf
4% Chukar
1
h:
ac
Le
LTree Le ach: 1%
T wi n
Midas
Ox
Ca
Carlin SA Surf
rl i n
Leach 3%
Twin Creeks
13%
Ca
NA
rli
n
Mi
Lone Tree
L: 5%
: 5%
%
da
SA
: 32
ills:
s:
ill 6
4%
L:
M
LTre
e Au
Ox M
to: 4%
Twin Creeks Carlin NA Surf
Juniper: 5%
%
: 2%
0
take
eens
s: 6
Qu
%
Toll: 2 %
LTFoa:
l t
5: 3
0%
Carlin NA Surf Mill
Mill
%
:8
Flo
ix
en Mill 5 Cons
at
rac
ho
Sa g e
Carlin SA Surf P
M
LT Float Cons
Ref
ills
: 28%
:1
1%
Phoenix Deep Post
LT Float Cons
TRJV Equity
Mill 5 Cons
Twin Creeks
February 8, 2008 North America Overview 5

6. Regional Alignment with
Strategic Foundation
Operational Execution:
Executed against mine plans ex-Phoenix
Experienced employees and supply chain management
Continued employee development and training programs
Project Execution:
Power plant completion
Phoenix optimization and crusher completion
Exploration and Growth:
Maintain reserves with near-mine exploration
Nevada land position
Leverage, Scope and Scale:
Complex infrastructure and processing facilities
Continuous Improvement
February 8, 2008 North America Overview 6

7. Continuous Improvement Example
- Reduced LTAFR & TRFR
Nevada Safety Rate Improvement Trends
Accidents per year per 100 people
AIFR - All Injuries
6
TRFR - Total Reportable Injuries
4.8
LTAFR - Lost Time Accidents
5
4
3.3
3
2.2
1.8
2
0.61
1
0.18 0.23
0
2005 2006 2007
February 8, 2008 North America Overview 7

8. Continuous Improvement Example
- Mill Tonnage Increases
Mill Tonnage Improvements
16,000
14,000
12,000
Mill Tons/day
10,000
8,000
6,000
4,000
2,000
-
96
97
98
99
00
01
02
03
04
05
06
07
n-
n-
n-
n-
n-
n-
n-
n-
n-
n-
n-
n-
Ja
Ja
Ja
Ja
Ja
Ja
Ja
Ja
Ja
Ja
Ja
Ja
Mill 6 Sage Mill 5 (Float Configuration)
February 8, 2008 North America Overview 8

9. Continuous Improvement Example
- Phoenix Drill & Blast
Before After
February 8, 2008 North America Overview 9

10. 2008 Outlook Summary
Q4 YTD Outlook
2007 2007 2008
Equity gold sales (000 ozs) 666 2,341 2,275 – 2,400
Costs applicable to sales – Gold ($/oz) $385 $444 $400-$430
Consolidated capital expenditures ($m) $135 $588 $350-$400
Production Highlights
Leeville at design production capacity (Q4: 3,281 tons/day)
Midas operating near full capacity (Dec: 606 tons/day)
Twin Creek leach pad expansion on line
February 8, 2008 North America Overview 10

11. Phoenix Update
Higher mill throughput (up 15%)
Re-drilling nearly complete (93%)
Crusher replacement (mid-2008)
Copper leach project (Stage 3)
SAG Mill Screen
Phoenix Mill Tons
3,500
3,000
2,500
Mill tons (M)
2,000
1,500
1,000
500
0
1Q 2Q 3Q 4Q
Floatation Froth
Mill Tons
February 8, 2008 North America Overview 11

12. Equity Gold Sales (000 ozs)
2,100
2,200
2,300
2,400
2,500
2,600
February 8, 2008
2,341
2007 Actual
Twin Creeks Leach
~ 90
Midas
~ 70
~ 30
Phoenix Mill
Carlin South Area Leach
~ 30
Carlin North Area Leach
~5
2008 Equity Sales
Phoenix Leaching
~ (5)
Carlin Mill 5
~ (5)
North America Overview
Twin Creeks Juniper Mill
~ (5)
Lone Tree Leach
~ (5)
Carlin Mill 6 Roaster
~ (10)
Toll Milling
~ (30)
Twin Creeks Sage Autoclave
~ (90)
Lone Tree Autoclave
~ (90)
2,275 - 2,400
2008 Outlook
12

13. 2008 Costs Applicable to Sales
$490
~ $5 ~ ($5)
~ $10 ~ ($10)
$470
~ $10 ~ ($20)
~ $10
Consumables
Diesel
$450 $444 ~ ($30)
Electricity
Production
Parts and Supplies
$400 - $430
Labor
CAS ($/oz)
Other
$430
Contract Services
$410
$390
$370
$350
2007 Actual 2008 Outlook
February 8, 2008 North America Overview 13

14. Beyond 2008
Maintain Reserve Base
Large land position in Nevada (1.9 million acres)
Underground reserve potential
Open pit extensions at higher gold prices
Phoenix copper leach
La Herradura opportunities (JV with Peñoles)
Focus on Cost Containment
Power plant (~$25/ounce)
Integration of larger trucks (added 25% pay load)
People, training and supply chain
February 8, 2008 North America Overview 14

15. Questions & Answers
15