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B2Gold Corp T.BTO

Alternate Symbol(s):  BTG

B2Gold Corp. is an international gold producer. The Company has operating gold mines in Mali, Namibia and the Philippines, the Goose Project under construction in northern Canada, and numerous development and exploration projects in various countries, including Mali, Colombia, and Finland. The Fekola Mine is located in southwest Mali, on the border between Mali and Senegal, approximately 500 kilometers due west of the capital city, Bamako. The Masbate Mine is located approximately 360 kilometers southeast of Manila. The Otjikoto Mine is located in the north-central part of Namibia, approximately 300 kilometers north of Windhoek and is a gold producer. The Company also owns the Gramalote Project in Colombia. It also has an interest in the Back River Gold District, which is located in Nunavut, Canada. The Back River Gold District consists of approximately five mineral claims blocks along an 80-kilometer belt. It is engaged in operating Goose Project, which is located in Nunavut, Canada.


TSX:BTO - Post by User

Bullboard Posts
Post by upickmon Oct 13, 2016 3:17pm
319 Views
Post# 25340707

B2Gold Corp Jumps 6% on Record Q3

B2Gold Corp Jumps 6% on Record Q3
2016-10-13 03:12:00 PM ET (MT Newswires)
   
   

03:12 PM EDT10/13/2016 (MT Newswires) -- B2Gold Corp (BTG) rallies 6% after the company said it saw record Q3 consolidated gold production of 146,686 ounces, 6% (or 7,988 ounces) above budget and 18% (or 22,315 ounces) greater than the same period in 2015.

Gold revenue of $193 million was also a record on record sales of 145,029 ounces an average price of $1,331 per ounce, an increase in revenue of 39% ($53.7 million) over the same period in 2015.

It increased its Masbate Mine 2016 annual production guidance to 200,000 to 210,000 ounces of gold, up from its original guidance between 175,000 to 185,000 ounces of gold.

It said it is on track to meet a revised annual consolidated production guidance range of between 535,000 to 575,000 ounces of gold in 2016, up from the original consolidated guidance range of between 510,000 to 550,000 ounces of gold.

Price: 2.51, Change: +0.15, Percent Change: +6.14


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