El Limon Mine – Nicaragua (1)

Open Pit and Underground, 95% B2Gold Ownership

Property Location and Access:

El Limon Mine is located in northwestern Nicaragua, approximately 100 kilometres (“km”) northwest of Managua, the capital of Nicaragua. The mine straddles the boundary of the municipalities of Larreynaga and Telica of the Department of Leon and the municipalities of Chinandega and Villa Nueva of the Department of Chinandega. The mine is readily accessed by a paved highway and a 15-km gravel mine road with a total road distance from Managua of 140 km.

Fourth Quarter & Full-year 2017 Earnings Snapshot(2):

  • Fourth quarter ("Q4") 2017 gold production was 15,082 oz
  • Q4 2017 cash operating costs(3) were $778 /oz of gold
  • Q4 2017 all-in sustaining costs ("AISC")(3) were $1,231 /oz of gold
  • Full-year ("FY") 2017 gold production was 42,776 oz
  • FY 2017 cash operating costs were $954 /oz of gold
  • FY 2017 AISC were $1,469 /oz of gold
  • FY 2017 gold production guidance range is expected to be between 55,000 - 60,000 oz
  • FY 2017 cash operating costs are expected to be between $700 - $750 /oz of gold
  • FY 2017 AISC are expected to be between $1,135 - $1,185 /oz of gold
Footnotes (Click to expand)
  1. The disclosure contains forward-looking statements. Refer to the Legal section of the website (click here) for caution regarding forward-looking statements and the basis for presentation of Mineral Reserves, Mineral Resources and other technical disclosure
  2. B2Gold's production results and guidance are presented on a 100% basis
  3. Refer to “Non-IFRS measures” in the Company’s most recently filed Management’s Discussion and Analysis (“MD&A”). Click here for MD&A

Please note that this page is currently being updated. Please click here for B2Gold's most recent news release re: Q4 & Year-End 2017 Earnings and click here for B2Gold's Q4 & FY 2017 MD&A and click here for B2Gold’s Annual Information Form 2018. (B2Gold’s MD&A and AIF are also available on SEDAR at and on the U.S. Securities and Exchange Commission’s website at

El Limon

Click here for details on El Limon “Exploration” section.

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