B2Gold Corp. (BTG) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by. This is the conference operator. Welcome to BT Gold Corporation's fourth quarter and 2025 year-end financial results conference call. As a reminder, all participants are in listen-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. You will hear a tone acknowledging your request. Should you need assistance during the conference call, you may reach 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. Welcome, everyone. As you heard from the operator, we're here to review B2Gold's financial results for 2025. The fourth quarter of 2025 brought a solid end to what was an exciting year for B2Gold. The Coca-Cola mass-banding Ocho Cota mines continued their performance. In the first ramp-up quarter, it was resulted in the strongest concern in the production quarter of the year. Across our portfolio, we celebrated many milestones during 2025. We achieved record revenue of $3 billion. In Mali, we produced our 4 millionth ounce since the inception of the mine and received the Coca-Cola underground exploitation approval. producing over 20,000 ounces from Foucault Underground in 2025. We are excited for the future of Foucault Underground as it contributes to the Foucault complex as it ramps up the full production. At Goose, we celebrated the first gold floor in tourism production. This milestone is not one that we celebrated on our own. We look forward to many years of operations in lieu of it. Canada has had close collaboration with our partner, the Katikmeat Inuit Association and Katikmeat Commun...