(Kitco News) - B2Gold (TSX: BTO) (NYSE: BTG) yesterday reported total gold production for 2022 of 1,027,874 ounces, above the mid-point of 2022 guidance, the seventh consecutive year of meeting or exceeding annual production guidance.
The company said that its total gold production in the fourth quarter of 2022 was 367,870 ounces, a quarterly production record for B2Gold.
For the full year 2022, the company’s consolidated gold revenue was $1,733 million on sales of 969,155 ounces at an average realized gold price of $1,788 per ounce.
B2Gold also re-affirmed full year 2022 total consolidated cost guidance, with total consolidated cash operating costs per ounce produced still expected to be at the upper end of the company's original guidance range of $620 to $660 per gold ounce, and total consolidated all-in sustaining costs still expected to be within the company's original guidance range of $1,010 to $1,050 per gold ounce.
The company said that in 2023, its total gold production is expected to exceed one million ounces for a fourth straight year, with production forecast of between 1,000,000 and 1,080,000 ounces.
In 2023, the company expects total consolidated cash operating cost of between $670 and $730 per gold ounce, slightly higher than the 2022 guidance range due to minor inflationary impacts from fuel, labour, and other key consumables.
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.
|
| Mountain Province reports lower diamond production in 2022, says diamond market remains resilient |
