B2Gold (TSE:BTO) has released an update.
B2Gold Corp. has reported a positive Preliminary Economic Assessment for its Gramalote gold project in Colombia, indicating significant gold production potential with low-cost operations and robust economics. The project expects to produce approximately 2.3 million ounces of gold over its 10-year life at an exceptionally low all-in sustaining cost of $886 per ounce. With an after-tax NPV of $778 million and an IRR of 20.6%, the project showcases a strong financial outlook.
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