Fekola mine. Mali. Image from B2Gold.
The first quarter of 2021 has been a strong one for B2Gold Corp. (TSX: BTO; NYSE: BTG; NSX: B2G) with gold production 9% over guidance at 220,644 oz. The company operates three gold mines – Fekola in Mali, Masbate in Philippines and Otjikoto in Namibia – where total production was also 9% over budget at 205,643 oz. The balance was attributable production from Calibre Mining (TSX: CXB).
Revenue for the quarter was $362 million on sales of 202,330 oz. of gold at an average realised price of $1,791 per ounce. All-in sustaining costs (AISC) per ounce sold were $932, or 14% below budget. That left net income attributable to shareholders of $92 million or $0.09 per share.
