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B2 Gold reports record first quarter earnings

Stockhouse Editorial
0 Comments| May 15, 2013

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B2 Gold Corp. (TSX: T.BTO, Stock Forum) Wednesday announced record adjusted first-quarter net earnings of $40 million, or seven cents a share, compared with $20.7 million, or five cents a share, during the same period last year, this according to company news release.

The miner added that gold revenue for the quarter was a record $154.9 million, while consolidated operating cash costs for the period were $722 per ounce.

B2 Gold said it expects gold production to increase to approximately 360,000 to 380,000 ounces in 2013 and to about 400,000 ounces in 2014.


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