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BTG - B2Gold News Story

$6.82 -0.2  -2.2%

Last Trade - 18/09/20

Basic Materials
Large Cap
Market Cap £5.50bn
Enterprise Value £5.44bn
Revenue £1.12bn
Position in Universe 929th / 6396

BRIEF-B2gold corp on track to meet 2016 gold production

Thu 12th May, 2016 4:28am
May 11 (Reuters) - B2gold Corp  BTO.TO  
    * Q1 consolidated gold production of 127,844 ounces; 10% 
greater than same period in 2015 
    * Q1 consolidated all-in sustaining costs of $874 per ounce, 
$217 per ounce lower compared with q1 of 2015 
    * On track to meet 2016 consolidated gold production 
guidance of between 510,000 to 550,000 ounces 
    * On track to meet 2016 gold production cash operating costs 
between $560-$595 per ounce,all-in sustaining costs between 
$895-$925 per ounce 
    * Construction of fekola mine is well underway, on schedule 
and on budget, and is expected to commence production in late 
    * Increase in gold production was primarily attributable to 
strong quarterly production from  masbate mine 
    * Gold production in 2016 is anticipated to be slightly 
weighted to second half of year 
    * Q2 and full year 2016 production at otjikoto mine are not 
expected to be impacted 
    * Expected higher production relates mainly to increased 
throughput at otjikoto mine 
    * Production increasing to approximately 800,000 to 850,000 
ounces annually by 2018 
    * B2gold corp. Reports first quarter results 2016 
    * Q1 adjusted earnings per share $0.02 
    * Q1 earnings per share $0.01 
    * Q1 earnings per share view $0.00 -- Thomson Reuters 
Source text for Eikon:  ID:nMKWSpbLNa  
Further company coverage:  BTO.TO  
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