B2Gold Corp. (NYSE:BTG) Q2 2024 Results Conference Call August 9, 2024 11:00 AM ET
Company Participants
Clive Johnson - President & Chief Executive Officer
Mike Cinnamond - Senior Vice President, Finance & Chief Financial Officer
Bill Lytle - Senior Vice President & Chief Operating Officer
Peter Montano - Vice President, Projects
Conference Call Participants
Wayne Lam - RBC
Don DeMarco - National Bank Financial
Francisco Costanzo - Scotiabank
Operator
Thank you for standing by. This is the conference operator. Welcome to B2Gold Corporation's Second Quarter 2024 Financial Results Conference Call. As a reminder, all participants are in a listen-only mode and the conference is being recorded. After the presentation, there will be an opportunity for analysts to ask questions. [Operator Instructions]
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. Welcome everyone to the conference call to discuss the results -- Q2 results or financial results for B2Gold. We had some very positive results from the quarter, and past results from Mike Cinnamond, our CFO, is going to walk us through that. We are also going to talk about some of the other issues that we cover in the news release. We are going to get an update from Bill on operational update from both the situation in Mali in terms of production. Then, we'll talk about an update on Goose.
Just a couple of points maybe to start us off. We have had an excellent track record as [Indiscernible] I think is aware of operational performance for many years now. We did have an excavator tip over outside, which is very unusual that happened and Bill will talk in more detail about that. That was unfortunate.
That's caused us to re-guide production for this year down about 50,000 ounces. That has not gone away as we move into next year. So, that's why we guided and you will hear more about that. And Bill will tell you what happened in the excavator and how we've taken steps to ensure that that's very unusual occurrence cannot have it again. We'll talk about that. To get back to our excellent operational performance, we'll talk about how we're already starting to see tonnages come back with the replacement excavators et cetera.
In terms of just a quick update on Mali and we'll get a chance to talk with us with some of your questions, I'm sure. We are in the -- believe to be in the final stages. We believe of discussions with the government of Mali to understand the full implementation of the 2023 Mining Code. So, we are, as I said, final stages of that. Those discussions are very shortly to be able to come out and announce.