B2Gold posts record annual gold output

Photo: Calibre Mining

Canadian miner B2Gold has unveiled a fourth quarter total gold production of 304,897 oz and a consolidated gold production of 288,849 oz from the company’s three operating mines.


The miner’s total gold production for 2021 represented an annual rec-ord of 1,047,414 oz, and it was near the top end of B2Gold’s revised guidance range of between 1,015,000 and 1,055,000 oz, the busi-ness said in a statement.


“For 2022, B2Gold remains well positioned for continued strong op-erational and financial performance. The company's total gold pro-duction is forecast to be between 990,000 - 1,050,000 ounces,” the miner said.


“For full-year 2021, consolidated gold revenue was $1.76 billion on sales of 981,401 ounces at an average realized gold price of $1,796 per ounce, compared to $1.79 billion on sales of 1,006,455 ounces at an average realized gold price of $1,777 per ounce in 2020,” ac-cording to the statement.