Kitikmeot Region

B2Gold Reports Q1 2024 Results; Cash Operating Costs and All-In Sustaining Costs Below 2024 Annual Guidance Ranges; Update on Goose Project Following Successful Completion of 2024 Winter Ice Road Campaign

Retrieved on: 
Tuesday, May 7, 2024
Sale, PEA, Antelope, KIA, PIN, AngloGold Ashanti, Bed, Kitikmeot Region, MLA, Umwelt, Echo, Water, Capital expenditure, Public expenditure, Life, Gold, Steel, Farm, Otjikoto Lake, WIR, Bank statement, Mining, Calendar, Government, Uranium mining

Cash operating costs (see “Non-IFRS Measures”) for the first quarter of 2024 were $642 per gold ounce produced ($561 per ounce gold sold).

Key Points: 
  • Cash operating costs (see “Non-IFRS Measures”) for the first quarter of 2024 were $642 per gold ounce produced ($561 per ounce gold sold).
  • All-in sustaining costs (see “Non-IFRS Measures”) for the first quarter of 2024 were $958 per gold ounce sold.
  • The lower sustaining capital expenditures were mainly a result of timing of expenditures and are expected to be incurred later in 2024.
  • Under B2Gold management, the 2,100 loads completed during the 2024 WIR campaign is approximately double the loads completed during the 2023 WIR campaign.

B2Gold Reports Strong Q4 and Full Year 2023 Results; Achieved 2023 Total Gold Production and Consolidated Cost Guidance; Q1 2024 Dividend of US$0.04 per Share Declared

Retrieved on: 
Wednesday, February 21, 2024
KIA, Mining, Investment, Umwelt, Bank statement, Building material, Transport, Gold, Goose, Steel, AngloGold Ashanti, Ivory Coast, Kitikmeot Region, Calendar, Otjikoto Lake, Life, Capital expenditure, Public expenditure, Mining Code, Capital, Acquisition, Cardinal, PIN, Government, WIR, Consolidated, MLA, Antelope, Uranium mining

In the fourth quarter of 2023, the Otjikoto Mine produced a quarterly record of 81,111 ounces of gold.

Key Points: 
  • In the fourth quarter of 2023, the Otjikoto Mine produced a quarterly record of 81,111 ounces of gold.
  • For the fourth quarter of 2023, the Otjikoto Mine's cash operating costs were $451 per gold ounce produced ($503 per ounce gold sold).
  • All-in sustaining costs for the Otjikoto Mine for the fourth quarter of 2023 were $816 per gold ounce sold.
  • Gold production at Otjikoto is expected to be relatively consistent throughout 2024.

B2Gold Announces Total Gold Production for Q4 2023 of 288,665 oz; Total Gold Production for 2023 of 1,061,060 oz, Achieving Upper Half of 2023 Guidance; 2024 Guidance, Preliminary 2025 Production Outlook and Gold Prepay Arrangement

Retrieved on: 
Wednesday, January 24, 2024
Gold, Life, AISC, Diamond, Steel, Mining Code, Antelope, A Funk Odyssey, Umwelt, Mining, Transport, Llama, Cardinal, KIA, Public expenditure, Investment, Acquisition, Building material, MLA, AngloGold Ashanti, TSF, Government, Mill, Kitikmeot Region, Otjikoto Lake, Del, Capital expenditure, WIR, News, Uranium mining

B2Gold applies the equity method of accounting for its expected 15% ownership interest in Calibre effective January 24, 2024.

Key Points: 
  • B2Gold applies the equity method of accounting for its expected 15% ownership interest in Calibre effective January 24, 2024.
  • The contribution of this gold production from Fekola Regional is now assumed to start at the beginning of 2025.
  • Mining operations will commence upon receipt of an exploitation license, with gold production approximately three months after commencement.
  • Gold production is expected to be evenly weighted between the first half of 2024 and the second half of 2024.

B2Gold Announces Positive Exploration Drilling Results from its Inaugural Drilling Campaign at the Back River Gold District in Nunavut and Provides an Update on Construction and Mining at the Goose Project

Retrieved on: 
Wednesday, November 22, 2023
WIR, Mining, Gold, KIA, FA, AAS, Ventilation, Ship, ALS, Umwelt, MLA, Kitikmeot Region, Bed

Gold is analyzed by a fire assay/atomic absorption spectrometry (FA/AAS) finish using a 50 gram subsample of the coin pulp.

Key Points: 
  • Gold is analyzed by a fire assay/atomic absorption spectrometry (FA/AAS) finish using a 50 gram subsample of the coin pulp.
  • All samples over 3,000 parts per billion are analyzed by FA/GRAV using a 50 gram subsample of the coin pulp.
  • Construction at the Goose Project is progressing on track, with the project remaining on schedule for first gold pour in the first quarter of 2025.
  • The 2023 sealift included all planned material sealift materials required for the successful construction, commissioning and mining of the Goose Project.

B2Gold Corp. Announces Acquisition of Sabina Gold & Silver Corp.

Retrieved on: 
Monday, February 13, 2023
Model Business Corporation Act, Toronto Stock Exchange, VWAP, Julietta, NSX, Kitikmeot, TSX, Echo, Gold, Immediate, NYSE, Economics, Acquisition, BTG, Mineral Resources Limited, Transaction, IAU 50 km World Championships, Kitikmeot Region, Mineral, Risk, Mining, NYSE MKT, Arrangement, Growth, Security (finance), Bank, Uranium mining, Silver mining, Health insurance, Izhevsk Electromechanical Plant, B2Gold, Goose

The Transaction will result in B2Gold acquiring Sabina’s 100% owned Back River Gold District located in Nunavut, Canada.

Key Points: 
  • The Transaction will result in B2Gold acquiring Sabina’s 100% owned Back River Gold District located in Nunavut, Canada.
  • Upon completion of the Arrangement, existing B2Gold shareholders and former Sabina shareholders will own approximately 83% and 17%, respectively, of the outstanding B2Gold Shares.
  • With an estimated average head grade of ~6.0 g/t gold, the Goose project ranks among the highest-grade undeveloped gold projects globally.
  • Clive Johnson, President and Chief Executive Officer of B2Gold said, “The acquisition of Sabina represents an exciting opportunity to develop the significant gold resource endowment at the Back River Gold District into a large, long life mining complex.