The latest announcement is out from B2Gold ( (TSE:BTO) ).
B2Gold Corp. has announced an updated mineral reserve life of mine plan for its Goose Project in the Back River Gold District, highlighting a significant improvement in both indicated and inferred mineral resources. The company is on track with construction and development, aiming for first gold pour in the second quarter of 2025 and commercial production by the third quarter. The Goose Project is expected to enhance B2Gold’s production profile with an average annual gold production of approximately 300,000 ounces over the first six years, supported by improved gold grades and recovery rates. This development positions B2Gold to strengthen its market presence and offers potential benefits for stakeholders through increased production and resource conversion.
More about B2Gold
B2Gold Corp. is a prominent player in the gold mining industry, primarily focusing on the exploration and development of gold deposits. The company operates in various regions, with a significant project in the Back River Gold District in Nunavut, Canada. B2Gold is known for its robust mineral resource management and commitment to expanding its gold production capabilities.
YTD Price Performance: 27.69%
Average Trading Volume: 34,620,910
Technical Sentiment Signal: Strong Sell
Current Market Cap: $4.07B
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