B2Gold Corp. (BTG) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.234 Thank you for standing by. This is the conference operator. 00:00:03.234 -- 00:00:08.379 Welcome to BT Gold Corporation's fourth quarter and 2025 year-end financial 00:00:08.379 -- 00:00:13.725 results conference call. As a reminder, all participants are in listen-only mode, 00:00:13.725 -- 00:00:16.388 and the conference is being recorded. 00:00:16.388 -- 00:00:21.553 After the presentation, there will be an opportunity for analysts to ask questions. 00:00:21.553 -- 00:00:26.178 To join the question queue, you may press star then one on your telephone keypad. 00:00:26.178 -- 00:00:29.596 You will hear a tone acknowledging your request. 00:00:29.596 -- 00:00:34.162 Should you need assistance during the conference call, you may reach an operator by pressing 00:00:34.162 -- 00:00:36.164 star then zero. 00:00:36.164 -- 00:00:41.651 I would now like to turn the conference over to Clive Johnson, President and CEO of B2Gold. 00:00:41.651 -- 00:00:44.091 Please go ahead. 00:00:44.534 -- 00:00:48.579 Welcome, everyone. As you heard from the operator, we're here to review B2Gold's financial 00:00:48.579 -- 00:00:51.263 results for 2025. The fourth 00:00:51.263 -- 00:00:57.203 quarter of 2025 brought a solid end to what was an exciting year for B2Gold. 00:00:57.203 -- 00:01:00.888 The Coca-Cola mass-banding Ocho Cota mines continued their performance. 00:01:00.888 -- 00:01:04.773 In the first ramp-up quarter, it was resulted in the strongest concern in the production 00:01:04.773 -- 00:01:06.736 quarter of the year. 00:01:06.736 -- 00:01:10.061 Across our portfolio, we celebrated many milestones during 2025. 00:01:10.061 -- 00:01:12.441 We achieved 00:01:13.445 -- 00:01:16.830 record revenue of $3 billion. 00:01:16.830 -- 00:01:20.635 In Mal...