Otjikoto Mine – Namibia (1)

Open Pit, 90% B2Gold Ownership

Property Location and Access:

The Otjikoto Mine is located in the north-central part of the Republic of Namibia. It is situated approximately 300 kilometres (“km”) north of Windhoek, the country’s capital, within the Province of Otjozondjupa. Otjikoto can be accessed off the main B1 road, a primary paved road, from the towns of Otjiwarongo or Otavi, located approximately 70 km to the southwest and 50 km to the northwest of Otjikoto, respectively.

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

  • Fourth quarter ("Q4") 2017 gold production was 52,446 oz
  • Q4 2017 cash operating costs(3) were $490 /oz of gold
  • Q4 2017 all-in sustaining costs ("AISC")(3) were $606 /oz of gold
  • Full-year ("FY") 2017 gold production was 191,534 oz
  • FY 2017 cash operating costs were $468 /oz of gold
  • FY 2017 AISC were $715 /oz of gold
  • FY 2017 gold production guidance range is expected to be between 160,000 - 170,000 oz
  • FY 2017 cash operating costs are expected to be between $480 - $525 /oz of gold
  • FY 2017 AISC are expected to be between $700 - $750 /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


Click here for details on the Otjikoto “Exploration” section.

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