Symbol: TSX-BTO, NYSE MKT-BTG, NSX-B2G
B2Gold Corp. is a Vancouver based gold producer with three operating mines (two in Nicaragua and one in the Philippines) and a strong portfolio of development and exploration assets in Namibia, Nicaragua, Burkina Faso and Colombia.
B2Gold is projecting another record year for gold production in 2014. Company-wide production in 2014 from the Masbate, La Libertad and Limon Mines is expected to be in the range of 395,000 to 420,000 ounces of gold, an increase of approximately 8% to 15% over 2013 attributable production. The production forecast for 2014 does not include any estimated gold production from the Otjikoto development project in Namibia as revenue earned from the sale of pre-commercial production will be credited to mineral property development costs prior to commercial production.
Consolidated operating cash costs are expected to be in the range of $667 to $695 per ounce (a similar range as in 2013).
B2Gold’s corporate objective is to optimize production at existing mines and build further shareholder value through the exploration and development of existing projects and additional accretive acquisitions. B2Gold trades on the Toronto Stock Exchange under the symbol “BTO”, on the NYSE MKT under the symbol “BTG” and on the Namibian Stock Exchange under the symbol “B2G”.
For the presentation outlining the details of the merger please click here.
Construction at Otjikoto is on schedule and on budget with production expected in the fourth quarter of 2014. Please click here to view recent photographs of the progress.