<DOCUMENT>
<TYPE>EX-23.5
<SEQUENCE>8
<FILENAME>a2054580zex-23_5.txt
<DESCRIPTION>EXHIBIT 23.5
<TEXT>
<Page>
                                                                    EXHIBIT 23.5

[LOGO]

                           CONSENT OF UBS WARBURG LLC

    We hereby consent to the use of Annex C containing our opinion letter dated
June 24, 2001 to the Board of Directors of Homestake Mining Company in the Proxy
Statement/Prospectus constituting a part of the Registration Statement on
Form F-4 relating to the acquisition of Homestake Mining Company by Barrick Gold
Corporation and to the references to our firm in such Proxy Statement/
Prospectus. In giving this consent, we do not admit that we come within the
category of persons whose consent is required under Section 7 of the Securities
Act of 1933, as amended, or the rules and regulations of the Securities and
Exchange Commission promulgated thereunder.

                                          /s/ UBS WARBURG LLC
                                          UBS Warburg LLC


New York, New York
November 9, 2001


</TEXT>
</DOCUMENT>
