Canadian Mining Journal

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GOLD: B2Gold doubles Q2 production to 240,000 oz, revenue jumps to $285M



B2Gold continues to conduct definition drilling at the Fekola North Extension zone. (Image: B2Gold Corp.)

VANCOUVER – B2Gold Corp. has delivered what it says are “very strong” second quarter and first half results this year. Gold production doubled to 240,000 oz., and revenues  jumped by $121 million (all U.S. dollars) to $285 million for the quarter..

These results were made possible largely by the Fekola gold project that attained commercial production in November 2017 in Mali. It now operates above target throughput, providing a large, low cost source of gold. Guidance for this mine for 2018 has been raised to between 420,000 and 430,000 oz. of gold.

B2Gold also operates the Masbate gold mine in the Philippines, the El Limon and La Libertad gold mines in Nicaragua, and the Otjikoto gold mine in Namibia.

Consolidated gold production in the first six months of 2018 was 479,777 oz., 32,560 oz. above budget and 225,593 oz. above the same period in 2017.

Please visit www.B2Gold.com for details of all the company’s projects.