Video News/Mining Forum Americas 2025

B2Gold (TSX: BTO; NYSE American: BTG) is positioning itself as a multi-asset growth platform anchored by the Goose Project in Nunavut, where first gold was poured in June and commercial production is expected in Q4. Ramp-up is targeting 300,000 ounces annually, and President and CEO Clive Johnson told Kitco Mining at Mining Forum Americas 2025, “We build mines very well. That’s the history of B2Gold.” Exploration is a priority, with a US$64 million budget this year—half directed to Goose and the broader Back River district. Johnson also pointed to a low-capital trucking initiative that would bring ore 20 kilometers into the Goose mill, adding 180,000 ounces per year without the need for a second plant once permitted. In Colombia, B2Gold consolidated 100% ownership of the Gramalote project, designed for 240,000 ounces annually over a 14-year mine life. The feasibility study outlined US$750 million in upfront capital with all-in sustaining costs below US$1,000 per ounce. “It’s a very solid project,” Johnson said, emphasizing that economics improve substantially at today’s gold prices. Combined, Goose and Gramalote represent roughly 750,000 ounces of new capacity. Johnson added, “I think we’re gonna see the impact of that on the market here in the short term.”