B2Gold Corp. (NYSE:BTG) Q2 2022 Earnings Conference Call August 4, 2022 1:00 PM ET
Company Participants
Clive Johnson - President & Chief Executive Officer
Mike Cinnamond - Chief Financial Officer & Senior VP-Finance
Bill Lytle - Senior Vice President, Operations
Conference Call Participants
Habib Ovais - Scotiabank
Anita Soni - CIBC World Markets
Don DeMarco - National Bank Financial
Operator
Good afternoon. My name is Pam, and I will be your conference operator today. At this time, I would like to welcome everyone to the B2Gold Second Quarter 2022 Financial Results Conference Call. All lines have been placed on you to provide any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions] Mr. Johnson, you may begin your conference.
Clive Johnson
Thank you, operator. Welcome, everyone, to the B2Gold conference call to discuss the results of the second quarter of 2022. As you can see from the news lease we put out, we had another very strong quarter. We beat our budgets in a number of areas. And very importantly, we're able to maintain our guidance for 2022 even in this current environment of inflation, what we're seeing in the world. So a very good first half. We have guided that we're going to see some higher cost due to inflation primarily in the second half of the year. But because of the start of first half of the year, we remain on our guidance for 2022. Then Mike is going to talk a little bit about the details of the quarter financial results, but I just want to give a little summary for that.
So as we said, very happy with the results. The other significant announcement we made today was that we are not going to proceed at this time with the development of the
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