B2Gold produced 242,838 ounces (oz) of gold during the third quarter that ended on September 30, with the Masbate mine in the Philippines and the Otjikoto mine in Namibia surpassing production targets.
Due to ore production delays in Phase 6 of the Fekola pit, which led to a slightly lower grade and lower mill feed grade, production at the Fekola mine in Mali continued to be below expectations.
Production at Fekola is anticipated to be substantially higher in the fourth quarter compared to the third quarter, as mining of the higher-grade ore in Fekola Phase 6 commenced last month.
In comparison to the 660 004 oz produced in the initial nine months of 2022, B2Gold's output for the nine months ending September 30 increased to 772 395 oz.
The miner sold 787,805 oz of gold during the first nine months of 2023.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished
