B2Gold Corp Q3 2024 Earnings Call Transcript - Thomson StreetEvents

B2Gold Corp Q3 2024 Earnings Call Transcript

B2Gold Corp Q3 2024 Earnings Call Transcript - Thomson StreetEvents
B2Gold Corp Q3 2024 Earnings Call Transcript
Published Nov 07, 2024
9 pages (4679 words) — Published Nov 07, 2024
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Abstract:

Edited Transcript of BTO.TO earnings conference call or presentation 7-Nov-24 4:00pm GMT

  
Brief Excerpt:

...Operator Thank you for standing by. This is the conference operator, and welcome to B2Gold Corporation's third-quarter 2024 financial results conference call. (Operator Instructions) Conference is being recorded. (Operator Instructions) I would now like to turn the conference over to Clive Johnson, President and CEO of B2Gold. Please go ahead. Clive Johnson ...

  
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Transcript

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Company:
Ticker
BTO.TO
Time
4:00pm GMT
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Anita Soni - CIBC Gold Markets - Analyst : I just wanted to ask a quick question on Fekola. I think you guys mentioned that the impact -- the issues that you've had with the equipment and the shovel and then also some inclement weather is impacting Q4. Could you give us an idea of what kind of grades you'll be pulling in Q4 and the expected tonnage? I'm unsure whether or not this is kind of within the original guidance revision of like 800 to 870 for this year? Or are we gearing even more towards the low end of that number?


Question: Anita Soni - CIBC Gold Markets - Analyst : Okay. So a little bit more of a push out than you had originally -- when you originally revised guidance in August, a little bit more of a delay in accessing that ore than originally thought?


Question: Don DeMarco - National Bank - Analyst : The first question, Bill, you just talked about Masbate and Otjikoto, some outperformance in Q3 provided some offset Fekola. Was this just a one-off quarter for both these mines? Or can we expect the trend of outperformance to extend into Q4?


Question: Don DeMarco - National Bank - Analyst : Okay. And my next question on Mali, there's been some discussion about outstanding payments. Can you remind us how much of that was paid in Q3 and how much is still remaining to be paid in Q4?


Question: Don DeMarco - National Bank - Analyst : Okay. So we're all looking forward to Goose ramping up first part in Q2 and so on. But beyond ramp-up with higher free cash flow, can you talk about your capital allocation strategy? Of course, we have Gramalote. It's under review right now. That might be one option. The dividend is there, of course, very strong. But how do you see yourselves deploying the cash flow -- higher cash flow once Goose has been ramped up?


Question: Don DeMarco - National Bank - Analyst : Okay. And can you just remind us then on Gramalote when the feasibility is expected and when a go-forward decision might be made?


Question: Ralph Profiti - Eight Capital - Analyst : So Clive, I just want to maybe get a little bit more detail on Fekola Regional and some of the time lines on how things get mobilized in terms of workforce in terms of stripping and sort of maybe sort of a little bit of a walk through how the early part of 2025 is going to look like in terms of some of these milestones?


Question: Ralph Profiti - Eight Capital - Analyst : Okay. Great. Yes. That's helpful. Mike, this impairment at Back River, it looks like the amount is sort of in line with the sort of the successive CapEx increases, right? And I'm just wondering, is that the way to think about it and that there has been no change in the proportion of the carrying value that is net present value related, right? That could have been offset by the gold prices, for example?


Question: Ovais Habib - Scotiabank - Analyst : Sorry, I came in late into this call, juggling through a bunch of conference calls. A lot of my questions have been answered. But in terms of the fact that now things are moving forward in Mali, you guys are kind of getting your bearings kind of settled down in terms of Goose as well. How should we be looking at exploration in Mali and exploration around Goose as well. Is that going to ramp up going into 2025? Where do we stand on the exploration side?


Question: Ovais Habib - Scotiabank - Analyst : Perfect. Just in terms of Goose when we were there at site in September, the infill drill program on the Goose underground was going fairly well. Confidence level was definitely increasing significantly. Where do we stand right now? I mean, in terms of just confidence going into this new resource update and then into the new mine plan coming up in Q1?

Table Of Contents

B2Gold Corp Q4 2024 Earnings Call Transcript – 2025-02-20 – US$ 54.00 – Edited Transcript of BTO.TO earnings conference call or presentation 20-Feb-25 4:00pm GMT

B2Gold Corp Q2 2024 Earnings Call Transcript – 2024-08-09 – US$ 54.00 – Edited Transcript of BTO.TO earnings conference call or presentation 9-Aug-24 3:00pm GMT

B2Gold Corp Q3 2023 Earnings Call Transcript – 2023-11-09 – US$ 54.00 – Edited Transcript of BTO.TO earnings conference call or presentation 9-Nov-23 6:00pm GMT

B2Gold Corp Q2 2023 Earnings Call Transcript – 2023-08-03 – US$ 54.00 – Edited Transcript of BTO.TO earnings conference call or presentation 3-Aug-23 5:00pm GMT

B2Gold Corp Annual Shareholders Meeting Transcript – 2023-06-23 – US$ 54.00 – Edited Transcript of BTO.TO shareholder or annual meeting 23-Jun-23 9:00pm GMT

B2Gold Corp Q1 2023 Earnings Call Transcript – 2023-05-10 – US$ 54.00 – Edited Transcript of BTO.TO earnings conference call or presentation 10-May-23 5:00pm GMT

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Thomson StreetEvents. "B2Gold Corp Q3 2024 Earnings Call Transcript" Nov 07, 2024. Alacra Store. May 21, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2024-B2Gold-Corp-Earnings-Call-T16141551>
  
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Thomson StreetEvents. (2024). B2Gold Corp Q3 2024 Earnings Call Transcript Nov 07, 2024. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2024-B2Gold-Corp-Earnings-Call-T16141551>
  
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