B2Gold recorded total gold production of 266,856 ounces in the first quarter of 2023, compared to 209,365 ounces, a year earlier.
The output includes 16,137 ounces of attributable production from Calibre Mining.
It said the Fekola Mine in Mali produced 165,864 ounces in the quarter, benefiting from a favourable mine phasing sequence to start in 2023, with Phase 6 of the Fekola pit providing high-grade ore to the process plant.
The Otjikoto Mine in Namibia, in which the company holds a 90% interest, produced 38,491 ounces of gold in the first quarter.
B2Gold said it is on track to meet its annual total gold production forecast of between 1 million and about 1,1 million ounces, including up to 70,000 attributable ounces from Calibre.
Meanwhile, the company declared a cash dividend for the first quarter of 2023 of $0.04 per common share.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished
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