B2Gold (NYSE American: BTG; TSX: BTO) founder Clive Johnson will retire as President and CEO at the company’s annual meeting on June 4, ending a two-decade run that built the miner into a 1 million ounce per year gold producer. Speaking with Kitco Mining at the 35th BMO Global Metals, Mining & Critical Minerals Conference in Florida, Johnson said it was “a good time to look at passing the baton.” CFO Mike Cinnamond will succeed him, with Johnson remaining as chair emeritus.

The transition comes as B2Gold ramps up the Goose mine in Nunavut, where crushing circuit modifications are underway as production moves toward design capacity. The company forecasts 2026 production between 820,000 and 970,000 ounces, with output expected to return to 2025 levels by 2027. In Mali, a regional permit at Fekola is expected shortly and could add 180,000 ounces per year.

Johnson said B2Gold is “clearly undervalued” and must “get value for the existing assets” before pursuing acquisitions.

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00:40 - B2Gold CEO Clive Johnson to Retire on June 4
01:28 - CFO Mike Cinnamond Named Successor
01:45 - Legacy, Values and Global Expansion
02:38 - Goose, Fekola, and Gramalote Growth Pipeline
04:07 - Gramalote Strategy at Higher Gold Prices
05:52 - Path to 2 Million Ounces: M&A and Expansion
06:38 - “Clearly Undervalued”: Stock and Market Perception
08:58 - Goose Ramp-Up and Crushing Circuit Fix
09:34 - 2026 Production Outlook and Free Cash Flow
10:27 - Dividend Policy and Share Buybacks
11:49 - What’s Next for Clive Johnson
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