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B2Gold reaffirms its 2022 gold production guidance as Fekola continues to break records

Kitco Media
By Vladimir Basov
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(Kitco News) - Senior gold producer B2Gold (TSX: BTO) (NYSE: BTG) today reaffirmed its 2022 total gold production guidance of 990,000 to 1,050,000 ounces following consecutive monthly gold production records at the Fekola mine in October and November 2022.

The company said that at the Fekola mine in Mali, beginning in October 2022, ore has been mined from the higher grade Fekola open-pit Phase 6, adding that mill feed grade in October and November 2022 has averaged in excess of 3.50 g/t gold.

“As a result, the Fekola mine produced 79,967 ounces of gold in October 2022, and 95,460 ounces of gold in November 2022, consecutive monthly production records,” B2Gold noted in a statement.

Year-to-date gold production at the Fekola mine of 530,073 ounces through November 2022 positions Fekola well to achieve the high end of full year 2022 guidance of between 570,000 to 600,000 ounces, it said.

B2Gold is an international senior gold producer headquartered in Vancouver, Canada. Founded in 2007, today, B2Gold has operating gold mines in Mali, Namibia and the Philippines and numerous exploration and development projects in various countries including Mali, Colombia, Finland and Uzbekistan.

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Vladimir Basov

Vladimir (PhD, MEng in Mining) is a professional mining engineer, scientist and analyst that has more than 20 years of practical in-field and research experience. He is particularly interested in collecting, processing baseline data and writing insightful data-driven mining industry analytics, articles, statistical and research reports.

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