B2Gold(US:BTG) Globenewswireยท2025-09-15 11:00Core Viewpoint - B2Gold Corp. has provided an operational update for 2025, confirming total annual gold production guidance of between 970,000 and 1,075,000 ounces across its four mines [1][16]. Goose Mine - Canada - The Goose Mine achieved its first gold pour on June 30, 2025, and is on track for commercial production in the coming weeks [2][4]. - Current daily throughput at the Goose mill is approximately 75% of its design capacity of 4,000 tonnes per day (tpd), with expectations to reach full capacity soon [3]. - Due to a shortfall in crushing plant capacity, the gold production guidance for the Goose Mine has been revised to 80,000 to 110,000 ounces, down from the original range of 120,000 to 150,000 ounces [5]. - Long-term production estimates for the Goose Mine include approximately 250,000 ounces in 2026 and 330,000 ounces in 2027, with an average of 300,000 ounces per year from 2026 to 2031 [5]. Fekola Complex - Mali - The Fekola Complex has continued strong operational performance, with gold production ahead of budgeted levels year-to-date [7]. - The State of Mali approved underground operations at the Fekola Mine, leading to positive initial underground gold grade reconciliations [7][9]. - The company expects to receive the Fekola Regional exploitation permit by the end of Q3 2025, with initial gold production anticipated in early 2026 [8]. - The 2025 gold production guidance for the Fekola Complex remains at 515,000 to 550,000 ounces, with underground performance expected to contribute 30,000 to 40,000 ounces this year [9]. Otjikoto Mine - Namibia - The Otjikoto Mine has outperformed expectations, with ore tonnes and average gold grades exceeding prior estimates [11]. - The 2025 gold production guidance for the Otjikoto Mine has been increased to 185,000 to 205,000 ounces, up from 165,000 to 185,000 ounces [12]. - A development decision has been approved for the Antelope underground deposit, with reduced estimated pre-production capital costs from $129 million to $105 million [13]. Masbate Mine - The Philippines - The Masbate Mine has also exceeded expectations, with strong mill throughput rates continuing into the second half of 2025 [14][15]. - The 2025 gold production guidance for the Masbate Mine has been increased to 190,000 to 210,000 ounces, up from 170,000 to 190,000 ounces [15].