Of its three operating mines — Fekola in Mali, Masbate in the Philippines and Otjikoto in Namibia — Fekola was the stand-out, with record fourth-quarter production of 244,014 oz. and full-year production of 598,661 ounces. High-grade ore from Fekola’s open pit Phase 6 resulted in monthly production records in October and November.
The company expects its 2022 cash operating costs will be in the upper end of its original guidance of $620-$660 per oz., while total consolidated all-in-sustaining costs will come within its guidance range of $1,010-$1,050 per ounce.
This year B2Gold expects total production of 1.0-1.08 million oz., including 60,000-70,000 oz. of attributable production from Calibre Mining, in which it holds a 25% stake.
It forecasts total consolidated cash operating costs this year of $670-$730 per oz., up from 2022 due to inflation. AISCs are forecast to run to $1,195-$1,255 per ounce in 2023.
The company is…
