Financial Data and Key Metrics Changes - The company reported revenues of $511 million for Q3 2021, based on the sale of 287,000 ounces at an average price of $1,782 per ounce [14] - Year-to-date average released price for sales is $1,794 per ounce, reinforcing cash flow guidance [14] - Operating cash flow for the quarter was $320 million, translating to $0.30 per share, with an updated guidance for the second half of the year now at $510 million [32][35] - GAAP earnings per share for the quarter were $0.12, with year-to-date GAAP earnings at $0.27 per share [32] Business Line Data and Key Metrics Changes - Total production for Q3 was 310,000 ounces, exceeding budget by 21,000 ounces, with Fekola producing 166,000 ounces, Masbate 61,000 ounces, and Otjikoto 69,000 ounces [15][16][17] - Fekola's production was boosted by higher throughput, processing closer to 8.4 million tons annually [15] - Masbate outperformed with better grades and recoveries, while Otjikoto also exceeded budget expectations [16][17] Market Data and Key Metrics Changes - The company is experiencing cost inflation across various sites, with fuel costs up approximately $25 per ounce year-to-date [18][19] - All-in sustaining costs year-to-date are $795 per ounce, just $14 over budget, indicating effective cost management despite inflationary pressures [20] Company Strategy and Development Direction - The company is focused on optimizing production and advancing development projects, including Gramalote and Menankoto [5][6] - A significant exploration budget of $65 million is allocated, with 65% directed towards existing mines and 25% for grassroots exploration [9] - The company is actively looking for M&A opportunities to enhance production and development projects [10][60] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong financial position and cash flow generation, despite challenges from COVID and inflation [4] - The outlook for 2022 is positive, with expectations of production near 600,000 ounces, driven by Cardinal and Anaconda projects [44][60] Other Important Information - The company received a three-year extension of the Bantako license, indicating strong government relations [12] - A sale of the Kiaka Project in Burkina Faso was announced, with expected cash and shares consideration of $45 million upon closing [30] Q&A Session Summary Question: Cost trends in Q4 and 2022 - Management indicated cost inflation is expected to be around 5% to 6% for the year, with production increases helping to offset some of the cost overruns [40][41] Question: Production guidance with Cardinal - Cardinal is expected to contribute around 60,000 ounces annually, with ongoing drilling to increase reserves [42][43] Question: Grade expectations for Cardinal - The initial grade expectations were revised, with management anticipating an increase to above 2 grams per ton in 2022 [48] Question: Gramalote project updates - Engineering work is ongoing, with a phased approach to permitting expected to begin in Q1 2022 [51] Question: Tailings facility expansion - The next lift for the tailings facility is planned, with construction expected to begin in late 2022 or 2023 [66][68]

B2GOLD CORP. Condensed Interim Consolidated Financial Statements For the three and nine months ended September 30, 2021 (Unaudited) B2GOLD CORP. CONDENSED INTERIM CONSOLIDATED STATEMENTS OF OPERATIONS FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30 (Expressed in thousands of United States dollars, except per share amounts) (Unaudited) | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------------------------------------------------|----------------------|------------------ ...

B2Gold Corp. (NYSE:BTG) Q2 2021 Earnings Conference Call August 5, 2021 1:00 PM ET Company Participants Clive Johnson - President & Chief Executive Officer Bill Lytle - Senior Vice President, Operations John Rajala - Manager of Metallurgy Mike Cinnamond - Chief Financial Officer & Senior VP-Finance Conference Call Participants Tyler Langton - JPMorgan Josh Wolfson - RBC Capital Markets Ovais Habib - Scotiabank Don DeMarco - National Bank Financial Carey MacRury - Canaccord Genuity Anita Soni - CIBC World Ma ...

| --- | --- | --- | --- | --- | --- | |--------------------------------------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | TSX: BTO NYSE AMERICAN: BTG NSX: B2G | | | | | | CAUTIONARY STATEMENT 2 Production results and production guidance presented in this presentation reflect total production at the mines B2Gold operates on a 100% project basis. Please see our Annual Information Form dated March 30, 2021 ("2021 AIF") for a discussion of our ownership interest in the m ...

B2Gold Corp. (NYSE:BTG) Q1 2021 Earnings Conference Call May 5, 2021 1:00 PM ET Company Participants Clive Johnson - President & Chief Executive Officer Mike Cinnamond - Senior Vice President, Finance & Chief Financial Officer William Lytle - Senior Vice President, Operations Thomas Garagan - Senior Vice President, Exploration John Rajala - Manager of Metallurgy Conference Call Participants Tyler Langton - JPMorgan Geordie Mark - Haywood Securities Ovais Habib - Scotiabank Josh Wolfson - RBC Capital Markets ...

ACQUIRE | DISCOVER | FINANCE | BUILD | OPERATE A LOW-COST INTERNATIONAL SENIOR GOLD PRODUCER March 2021 TSX: BTO NYSE AMERICAN: BTG NSX: B2G CAUTIONARY STATEMENT 2 Production results and production guidance presented in this news release reflect total production at the mines B2Gold operates on a 100% project basis. Please see our Annual Information Form dated March 20, 2020 for a discussion of our ownership interest in the mines B2Gold operates. This news release includes certain "forward-looking informatio ...

Financial Data and Key Metrics Changes - In Q4 2020, the company reported revenues of $480 million from the sale of 257,000 ounces of gold at an average price of $1,868 per ounce, which was the highest price seen during the year [17] - For the full year 2020, total revenues reached just under $1.8 billion, with sales of over 1 million ounces and an average price of $1,777 per ounce [25] - The net income for Q4 was $174 million or $0.16 per share, while the year-to-date net income was $672 million or $0.60 per share [49][50] - Operating cash flow for the year was a record $950 million, approximately $0.91 per share [51] Business Line Data and Key Metrics Changes - Total production for Q4 was 270,000 ounces, with 256,000 ounces from the three operating mines: Fekola (159,000 ounces), Masbate (58,000 ounces), and Otjikoto (40,000 ounces) [18][19] - For the full year, total production was 1,041,000 ounces, with Fekola producing 623,000 ounces, Masbate 205,000 ounces, and Otjikoto 168,000 ounces [26][27] - Cash costs for the year were $423 per ounce, which was $11 under budget, while all-in sustaining costs were $788 per ounce, also under budget [29][31] Market Data and Key Metrics Changes - The company faced higher cash costs primarily due to changes in mining sequences and COVID-related expenses, particularly at Fekola, where costs were $397 per ounce, which was over budget [20][22] - Masbate benefited from lower fuel prices, resulting in cash costs of $585 per ounce, which was under budget [21] - Otjikoto's cash costs were $520 per ounce, slightly over budget due to mining sequence changes [23] Company Strategy and Development Direction - The company's strategy focuses on maintaining a strong financial position, paying dividends, and advancing growth projects without aggressively pursuing M&A opportunities [55][56] - Key development projects include Gramalote and Kiaka, with feasibility studies expected to provide positive results [7][9] - The company plans to allocate a budget of $66 million for exploration, emphasizing both brownfield and greenfield projects [11][12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to optimize production and maintain a strong financial position despite challenges posed by COVID-19 [6][4] - The company is optimistic about the potential for significant changes in power and fuel costs, which could enhance project economics [9] - Management highlighted the importance of exploration in extending mine life and generating shareholder value [12][55] Other Important Information - The company has a joint venture in Uzbekistan and is excited about exploration opportunities in Finland [12][75] - A fire at the Fekola site damaged some solar panels, delaying the completion of the solar plant to the third quarter of 2021 [36] - The company is also addressing customs and duties costs in Mali, which are expected to impact Fekola's costs by approximately $15 per ounce [42][43] Q&A Session Summary Question: Cardinal's contribution to production - Management indicated that Cardinal could contribute an additional 20,000 to 25,000 ounces to production, with efforts to bring it into production sooner than previously expected [63][70] Question: Impact of inflation on future studies - Management confirmed that upcoming feasibility studies for Gramalote and Kiaka will reflect current prices for oil, diesel, and steel [66][67] Question: Tax implications and distributions - The priority dividend for Fekola will be reflected in operating activities, while ordinary dividends will be recorded separately [78][79] Question: Gramalote ownership and claims - Management stated that AngloGold Ashanti is committed to the Gramalote project, and the government is supportive of its development despite ongoing legal claims [81][86]

B2Gold Corp. (NYSE:BTG) Q3 2020 Earnings Conference Call November 4, 2020 1:00 PM ET Company Participants Clive Johnson - President & Chief Executive Officer Mike Cinnamond - Senior Vice President-Finance & Chief Financial Officer Bill Lytle - Senior Vice President-Operations Tom Garagan - Senior Vice President-Exploration Randy Reichert - Vice President-Operations Conference Call Participants Ovais Habib - Scotiabank Geordie Mark - Haywood Securities Carey MacRury - Cannacord Lawson Winder - Bank of Americ ...

ACQUIRE | DISCOVER | FINANCE | BUILD | OPERATE ACQUIRE | DISCOVER | FINANCE | BUILD | OPERATE A LOW-COST INTERNATIONAL SENIOR GOLD PRODUCER Denver Gold Forum Americas 2020 THE WORLD'S NEW SENIOR GOLD PRODUCER TSX: BTO NYSE AMERICAN: BTG NSX: B2G TSX: BTO NYSE AMERICAN: BTG NSX: B2G CAUTIONARY STATEMENT 2 Tom Garagan, Senior Vice President of Exploration, a Qualified Person as defined by National Instrument 43-101, has approved the scientific and technical information concerning B2Gold Corp. ("B2Gold") discu ...

B2Gold Corp (NYSE:BTG) Q2 2020 Results Conference Call August 6, 2020 1:00 PM ET Company Participants Clive Johnson - President & CEO John Rajala - VP of Metallurgy Mike Cinnamond - Senior VP of Finance & CFO Randy Reichert - VP, Operations Tom Garagan - SVP of Exploration Bill Lytle - SVP of Operations Conference Call Participants Ovais Habib - Scotiabank Joshua Wolfson - RBC Capital Markets Geordie Mark - Haywood Securities Carey MacRury - Cannacord Operator Good morning or afternoon, ladies and gentlemen ...