B2Gold: 1Q Output Rises; Fekola On Track For Oct. Start
B2Gold Corp. (TSX: BTO; NYSE MKT: BTG; NSX: B2G) reports that first-quarter gold production was 132,736 ounces, which was 7,955 ounces above plans and 4,892 ounces higher than the same period in 2016. The company says it is on track to meet its 2017 annual guidance of between 545,000 and 595,000 ounces. Gold revenue of $146.3 million in the January-March period came from sales of 119,937 ounces at an average price of $1,219 per ounce. B2Gold also says Fekola mine construction is on budget and remains three months ahead of schedule for an anticipated Oct. 1 production start. In 2018, with the planned first full-year of production from Fekola, the company currently projects its consolidated gold production will increase to between 900,000 and 950,000 ounces.