B2Gold Corp.: Second Quarter and First-Half 2017 Results – Conference Call / Webcast
July 21 2017 - 4:03PM
B2Gold Corp. (TSX:BTO) (NYSE:BTG) (NSX:B2G) (“B2Gold” or the
“Company”) will release its second quarter and first-half 2017
results before the North American markets open on
Thursday,
August 10, 2017.
B2Gold executives will host a conference call to
discuss the results on Thursday, August 10, 2017,
at 10:00 am PDT / 1:00 pm EDT. You may access the
call by dialing the operator at +1 (647) 788-4919 (local or
international) or toll free at +1 (877) 291-4570 prior to the
scheduled start time or you may listen to the call via webcast by
clicking http://www.investorcalendar.com/event/18241. A playback
version of the call will be available for one week after the call
at +1 416-621-4642 (local or international) or toll free at +1
800-585-8367 (passcode 54297176).
About B2Gold Corp.
Headquartered in Vancouver, Canada, B2Gold Corp.
is one of the fastest-growing intermediate gold producers in the
world. Founded in 2007, today, the Company has four operating
mines, one mine under construction and numerous exploration
projects in various countries, including Nicaragua, the
Philippines, Namibia, Mali, Burkina Faso and Finland. Construction
of the Company’s Fekola Mine in southwest Mali is approximately
three months ahead of schedule and on budget, and is projected to
commence production on October 1, 2017. As a result, the Company is
well positioned to maintain its low-cost structure and growth
profile.
Based on current assumptions and updates to
B2Gold’s current year guidance and long-term mine plans, the
Company is projecting consolidated gold production in 2017 of
between 545,000 and 595,000 ounces (including estimated
pre-commercial production from the Fekola Mine of between 45,000
and 55,000 ounces); and in 2018 significantly increasing to between
900,000 and 950,000 ounces, with the inclusion of the anticipated
first full-year of commercial production at the Fekola Mine.
ON BEHALF OF B2GOLD
CORP.“Clive T. Johnson”President
and Chief Executive Officer
The Toronto Stock Exchange neither approves nor
disapproves the information contained in this news
release.
This news release includes certain
“forward-looking information” and “forward-looking statements”
(collectively “forward-looking statements”) within the meaning of
applicable Canadian and United States securities legislation,
including projections, estimates and other statements regarding
future financial and operational performance, events, mine life and
production estimates and guidance, including the Company’s
projected gold production of between 545,000 to 595,000 ounces in
2017 and between 900,000 and 950,000 ounces in 2018; and statements
regarding anticipated development and production from the Fekola
Project commencing October 1, 2017, the Fekola Project being
approximately three months ahead of schedule and on budget and the
Fekola Project being a low-cost mine and its anticipated
effect on the Company’s gold production in 2018. All statements in
this news release that address events or developments that we
expect to occur in the future are forward-looking statements.
Forward-looking statements are statements that are not historical
facts and are generally, although not always, identified by words
such as “expect”, “plan”, “anticipate”, “project”, “target”,
“potential”, “schedule”, “forecast”, “budget”, “estimate”, “intend”
or “believe” and similar expressions or their negative
connotations, or that events or conditions “will”, “would”, “may”,
“could”, “should” or “might” occur. All such forward-looking
statements are based on the opinions and estimates of management as
of the date such statements are made. Forward-looking statements
necessarily involve assumptions, risks and uncertainties, certain
of which are beyond B2Gold’s control, including risks associated
with the volatility of metal prices and our common shares; risks
and dangers inherent in exploration, development and mining
activities; uncertainty of reserve and resource estimates; risk of
not achieving production, cost or other estimates; risk that actual
production, development plans and costs differ materially from the
estimates in our feasibility studies; risks related to hedging
activities and ore purchase commitments; the ability to obtain and
maintain any necessary permits, consents or authorizations required
for mining activities; uncertainty about the outcome of
negotiations with the Government of Mali; risks related to
environmental regulations or hazards and compliance with complex
regulations associated with mining activities; the ability to
replace mineral reserves and identify acquisition opportunities;
unknown liabilities of companies acquired by B2Gold; ability to
successfully integrate new acquisitions; fluctuations in exchange
rates; availability of financing; risks relating to financing and
debt; risks related to operations in foreign and developing
countries and compliance with foreign laws; risks related to remote
operations and the availability of adequate infrastructure,
fluctuations in price and availability of energy and other inputs
necessary for mining operations; shortages or cost increases in
necessary equipment, supplies and labour; regulatory, political and
country risks; risks related to reliance upon contractors, third
parties and joint venture partners; challenges to title or surface
rights; dependence on key personnel and ability to attract and
retain skilled personnel; the risk of an uninsurable or uninsured
loss; adverse climate and weather conditions; litigation risk;
competition with other mining companies; changes in tax laws;
community support for our operations including risks related to
strikes and the halting of such operations from time to time; risks
related to conflict with small scale miners; risks related to
failures of information systems or information security threats;
the ongoing audit by the Department of Environmental and Natural
Resources in relation to our Masbate Project and the final outcome
thereof; ability to maintain adequate internal control over
financial reporting as required by law; risks related to compliance
with anti-corruption laws; as well as other factors identified and
as described in more detail under the heading “Risk Factors” in
B2Gold’s most recent Annual Information Form and B2Gold’s other
filings with Canadian securities regulators and the U.S. Securities
and Exchange Commission (the “SEC”), which may be viewed at
www.sedar.com and www.sec.gov, respectively (the “Websites”). The
list is not exhaustive of the factors that may affect the Company’s
forward-looking statements. There can be no assurance that such
statements will prove to be accurate, and actual results,
performance or achievements could differ materially from those
expressed in, or implied by, these forward-looking statements.
Accordingly, no assurance can be given that any events anticipated
by the forward-looking statements will transpire or occur, or if
any of them do, what benefits or liabilities B2Gold will derive
therefrom. The Company’s forward-looking statements reflect current
expectations regarding future events and operating performance and
speak only as of the date hereof and the Company does not assume
any obligation to update forward-looking statements if
circumstances or management's beliefs, expectations or opinions
should change other than as required by applicable law. For the
reasons set forth above, undue reliance should not be placed on
forward-looking statements.
For more information on B2Gold please visit the Company website at www.b2gold.com or contact:
Ian MacLean
Vice President, Investor Relations
604-681-8371
imaclean@b2gold.com
Katie Bromley
Manager, Investor Relations & Public Relations
604-681-8371
kbromley@b2gold.com