B2gold Corp. · TSX:BTO
B2gold — Investor Presentation (April 2020)
14 slides from B2gold's investor presentation, April 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 April 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 and Succeeding
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: By Year
HEALTH & SAFETY PERFORMANCE: BY YEAR 7 Results1 : 0.8 2019 FREQUENCY BENCHMARKS/TARGETS Otjikoto: 0 lost-time-injury (“LTI”) 0.7 and severity2 (5.4 M work hours) 649 days without an LTI 0.6 0.5 Masbate: 0 LTI and severity (200 K HOURS) (+6.5 M work hours) 0.4 408 days without an LTI 0.3 Fekola: redu
Slide 8: Environmental Strategic Plan
ENVIRONMENTAL STRATEGIC PLAN 8 Energy & Climate Change Energy and climate change: • Continued implementation of renewable energy sources • Further integration of climate change risk into policy and enterprise and site risk assessment • External energy and climate change report • Leading to emissions
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 Equity interest in Calibre Mining Corp. (“Calibre”) Consolidated all-in sustaining costs (“AISC”
Slide 10: Q1 2020 Gold Production & Gold Revenue
Q1 2020 10 Gold Production & Gold Revenue Q1 2020 GOLD PRODUCTION1: Q1 2020 GOLD REVENUE3: 262,632 oz $380 M on gold sales of 239,500 oz at an average price 7% of $1,588 /oz – a quarterly record above budget 44% increase vs. Q1 2019 and a quarterly Q1 2020 BY MINE GOLD PRODUCTION4: record Fekola Min
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 Operating plans include: • Fekola mining and processing expansion • Fekola solar plant construction (suspended) • Otjikoto-Wolfshag underg
Slide 12: Strong Financial, Liquidity & Cash Position
STRONG FINANCIAL, LIQUIDITY & CASH POSITION 12 Debt reduction in 2019: B2Gold expects to have the option to repay the entire approx. $220 M current drawn down balance of $425 M over the Total debt at year-end 2019: approx. $260 M1 course of the 2020 fiscal year and finish 2020 in a 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. $1.5 B Cash operating costs2: Projected cash flows from $415 - $455 /oz operating activities3: approx. $700 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 280% BTO Gold Price 240% TSX Global Gold Index 200% + +162% 160% 120% 80% 40% +45% + 0% -40% (43%) -80% Credit: Canaccord Genuity (April 6, 2020) Apr-10 Apr-11 Apr-12 Apr-13 Apr-14 Apr-15 Apr-16 Apr-17 Apr-18 Apr-1