Mining News

B2Gold hikes FY guidance, ups stake in Finland exploration JV

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Canadian bullion miner B2Gold has hiked its 2021 guidance to between 1.012-million and 1.055-million ounces, following a strong third quarter in which output came in above target.

The company produced 310 261 oz, including 14 538 oz of attributable production from its interest in Calibre Mining.

Consolidated production from B2Gold’s three operating mines was 20 083 oz above its budget, producing 295 723 oz. Fekola, in Mali, and Otjikoto, in Namibia, each delivered a record performance of 165 557 oz and 68 959 oz, respectively. Masbate, in the Philippines, produced 61 207 oz and its performance was also above guidance.

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