B2gold Corp. · TSX:BTO
B2gold — Investor Presentation (May 2020)
15 slides from B2gold's investor presentation, May 2020
Slide 1: A Low-Cost International Senior Gold Producer
ACQUIRE | DISCOVER | FINANCE | BUILD | OPERATE ACQUIRE | DISCOVER | FINANCE | BUILD | OPERATE A LOW-COST INTERNATIONAL SENIOR GOLD PRODUCER May 2020 THE WORLD’S NEW SENIOR GOLD PRODUCER TSX: BTO NYSE AMERICAN: BTG NSX: B2G
Slide 2: Cautionary Statement
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") discussed in this presentation. All amounts in this presentation are express
Slide 3: Mine & Project Locations
MINE & PROJECT LOCATIONS 3 1 1. Includes Anaconda Area
Slide 4: Corporate Overview
CORPORATE OVERVIEW 4 A Low-cost International Senior Gold Producer Successful history of exploration success, accretive COMBINED EXECUTIVE EXPERIENCE acquisitions, production growth and political risk management +280 YEARS of working together for Bema Gold and B2Gold Ongoing commitment to the highes
Slide 5: Managing Political Risk
MANAGING POLITICAL RISK 5 B2Gold’s Competitive Advantage/Keys to Success PROVEN TRACK RECORD B2GOLD’S GUIDING OF BEMA GOLD AND B2GOLD BUSINESS PRINCIPLES: MANAGING POLITICAL RISK FAIRNESS | RESPECT TRANSPARENCY | ACCOUNTABILITY AND SUCCEEDING IN COUNTRIES AROUND THE WORLD Always delivering on promis
Slide 6: COVID-19 Response Plan & Measures
COVID-19 RESPONSE PLAN & MEASURES 6 General Update Since mid-February 2020, B2Gold has been monitoring the COVID-19 outbreak and its potential impact on the Company’s operations and has implemented several measures and introduced additional precautionary steps in response to the risks associated wit
Slide 7: Health & Safety Performance
HEALTH & SAFETY PERFORMANCE 7 Highlights: 2019 achieved fourth consecutive year without a fatality An industry leader in safety performance: • Masbate Mine: 501 days without a lost-time-injury (“LTI”)1 B2Gold is committed to the protection and promotion of the • Otjikoto Mine: 735 days without an LT
Slide 8: Environmental Strategic Plan
ENVIRONMENTAL STRATEGIC PLAN 8 Energy & Climate Change Energy and climate change: • Continued implementation of renewable energy sources: • Otjikoto solar power plant: commenced operation in May 2018 • Fekola solar power plant: engineering and construction suspended temporarily due to COVID-19 – B2G
Slide 9: Strong & Profitable Production Profile
STRONG & PROFITABLE PRODUCTION PROFILE 9 Annual Gold Production Growth (oz) Fekola Mine, Mali 6 Otjikoto Mine, Namibia Masbate Mine, The Philippines 3 La Libertad Mine, Nicaragua El Limon Mine, Nicaragua Attributable Production from Calibre Mining Corp. (“Calibre”) Consolidated all-in sustaining cos
Slide 10: Q1 2020: Consolidated & By Mine
Q1 2020: CONSOLIDATED & BY MINE 10 Gold Production, Costs & Gold Revenue Q1 2020 CONSOLIDATED: 1 Gold revenue: Gold production1: $380 M – a quarterly record 264,862 oz – a quarterly on gold sales of 239,500 oz at an average gold price of $1,588 /oz record Q1 2020 BY MINE3: FEKOLA MINE: Gold producti
Slide 11: Consolidated Five-Year Outlook: 2020 - 2024
CONSOLIDATED FIVE-YEAR OUTLOOK: 2020 - 2024 11 Consolidated gold production averaging 950 Koz /y based on current operating plans1 AISC2 averaging under $825 /oz 2020 operating plans include: • Fekola mining and processing expansion • Fekola solar power plant construction (suspended temporarily) • O
Slide 12: Strong Financial, Liquidity & Cash Position
STRONG FINANCIAL, LIQUIDITY & CASH POSITION 12 B2Gold expects to have the option to repay the entire Debt reduction in 2019: current drawn down balance of $425 M over the approx. $220 M course of the 2020 fiscal year and finish 2020 in a Total debt at year-end 2019: approx. $260 M1 strong net positi
Slide 13: 2020 Consolidated Guidance
2020 CONSOLIDATED GUIDANCE 13 Projected Gold Production, Costs, Gold Revenue & Cash Flows from Operating Activities Gold production1: Projected gold revenue3: 1,000 Koz - 1,055 Koz approx. $1.7 B Cash operating costs2: Projected cash flows from $415 - $455 /oz operating activities3: approx. $850 M A
Slide 14: B2Gold: 10-Year Share Price Performance
B2GOLD: 10-YEAR SHARE PRICE PERFORMANCE 14 vs. TSX Global Gold Index & the Gold Price BTO 280% +278% Gold Price 240% TSX Global Gold Index 200% + 160% 120% 80% +42% 40% + 0% (28%) -40% -80% Credit: Canaccord Genuity (May 8, 2020) May-10 May-11 May-12 May-13 May-14 May-15 May-16 May-17 May-18 May-19
Slide 15: Contact Details
15 CONTACT DETAILS B2Gold Corp. Clive Johnson Suite 3100, 595 Burrard Street President, CEO & Director P.O. Box 49143 +1 604 681 8371 Vancouver, BC Canada, V7X 1J1 Ian MacLean Vice President, Investor Relations Tel: +1 604 681 8371 +1 604 681 8371 Toll Free: +1 800 316 8855 Fax: +1 604 681 6209 Kati