B2Gold Corp. (BTG) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by. This is the conference operator. Welcome to B2Go Corporation's third quarter 2025 financial results conference call. As a reminder, all participants are enlisted only mode and the conference is being recorded. After the presentation, there will be an opportunity for analysts to ask questions. To join the question queue, you may press star then one on your telephone keypad. Should you need assistance during the conference call, you may signal an operator by pressing star then zero. I would now like to turn the conference over to Clive Johnson, President and CEO of B2Gold. Please go ahead. Clive Johnson Thank you, operator. Good morning or afternoon or evening, everyone. Thanks for joining the call. We're here to talk about the financial results of this third quarter of 2025. We have a strong operational and financial quarter. Focola, Maspani, and Ochoa mines all came in ahead of expectations in the third quarter. On the production side, resulting in a lower than expected cash operating cost per ounce. On October 2nd of this year, we announced we've achieved commercial production at our newly constructed Goosevine. This milestone comes just three months after the inaugural goal, and we look forward to many years of successful operations. In Nunavut, in close collaboration with our partners, the Kittimia Inuit Association. The new third quarter production was impacted by the previous disclosed crushing capacity shortfall and a temporary delay in accessing higher grade of unwell underground. We are now in the higher grade. To ensure a consistent feed of crushed storage in the mill, the company has implemented the use of supplemental mobile crushing capacity. Permanent modification and modifications are in progress and are expected to be impleme...