B2Gold (TSE:BTO) has released an update.
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B2Gold Corp. announced its Q2 2024 financial and operational results, reporting a total gold production of 212,508 ounces, which was slightly below expectations due to equipment issues at the Fekola Mine. Despite these challenges, the company maintained low cash operating costs of $839 per ounce and all-in sustaining costs of $1,267 per ounce, both below the annual guidance range. The company now forecasts total gold production for 2024 to be between 800,000 and 870,000 ounces, adjusting for the delayed high-grade ore mining at the Fekola pit.
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