Wednesday, October 8, 2025

Latest

B2Gold Produces 310,261 Gold Ounces In Q3 2021, Increases 2021 Guidance

B2Gold Corp. (TSX: BTO) announced this morning its quarterly production results for Q3 2021, posting gold production of 310,261 ounces. This is an increase from Q2 2021’s production of 211,612 gold ounces.

This quarter’s production includes the consolidated yield of 295,723 gold ounces from the company’s properties: the Fekola mine in Mali, the Masbate mine in the Philippines, and the Otjikoto mine in Namibia. The remaining 14,538 gold ounces produced for the quarter came from the company’s 33% equity share in Calibre Mining (TSX: CXB).

Based on the firm’s performance, it is increasing its full-year production guidance to 1,015,000 – 1,055,000 gold ounces from 970,000 – 1,030,000 gold ounces. For the first nine months of the year, the firm has so far produced 742,517 gold ounces.

The company also sold 286,650 gold ounces during the quarter at an average realized price of US$1,782 per ounce, resulting in gross gold revenue of US$511.0 million. This is also an increase from Q1 2021’s gold sales of US$363.0 million from selling 200,071 gold ounces at US$1,814 per ounce.

It is expected that the Vancouver-based gold producer will release its Q3 financial results on November 2, 2021. The forecast for the year 2021 for consolidated cash operating costs is between US$500 and US$540 per ounce while consolidated AISC to be between US$870 and US$910 per ounce.

The Canadian mining firm is currently pursuing an international arbitration to settle its dispute with the Malian government regarding the company’s Menankoto mine exploration permit.

B2Gold Corp. last traded at $4.88 on the TSX.


Information for this briefing was found via Sedar and B2Gold. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

Exploits Reports 66.3 G/T Silver In Sample At Katie Prospect

Exploits Discovery (CSE: NFLD) has completed an initial reconnaissance program at the firms recently acquired...

Thursday, January 7, 2021, 08:24:45 AM

Grande Portage Hits 1.78 Metres Of 4.15 G/T Gold In New Vein At Herbert, 18.29 G/T Gold In Goat Vein

Grande Portage Resources (TSXV: GPG) this morning released further results from its 2020 drill program...

Monday, December 14, 2020, 09:01:30 AM

Lundin Gold Sees Local Unrest Directed At Firm At Fruta del Norte Operation

Lundin Gold (TSX: LUG) is facing local community unrest near its Fruta del Norte gold...

Tuesday, October 20, 2020, 09:11:44 AM

Trillium Gold: Is It The Next Gold Eagle Mines?

Back in 2008, a junior exploration firm lead by mining legend Robert Cudney was sold...

Sunday, November 15, 2020, 09:00:00 AM

Why Precious Metals Crashed on Trump’s Trade Deals? | Jesse Day

In this interview, Jesse Day of Commodity Culture examines potential implications of proposed trade policy...

Wednesday, June 11, 2025, 03:41:00 PM