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BTG - B2Gold News Story

$6.27 -0.4  -5.3%

Last Trade - 5:56pm

Sector
Basic Materials
Size
Large Cap
Market Cap £5.43bn
Enterprise Value £5.37bn
Revenue £1.14bn
Position in Universe 931st / 6389

BRIEF-B2Rold Says 2018 Annual Consolidated Gold Revenue Of $1.2 Bln Up 92 Pct Over 2017

Wed 16th January, 2019 8:55am
Jan 16 (Reuters) - B2Gold Corp  BTO.TO :
    * B2GOLD REPORTS RECORD 2018 ANNUAL GOLD PRODUCTION OF
953,504 OZ
& GOLD REVENUES OF $1.2 B; FORECAST ANNUAL CASH FLOWS FROM
OPERATIONS OF $450 M; 2019 FORECAST GOLD PRODUCTION OF 935,000 -
975,000 OZ
    * FOR 2018  ANNUAL CONSOLIDATED GOLD REVENUE OF $1.2
BILLION,
INCREASE OF 92% ($586 MILLION) OVER 2017
    * 2018 CONSOLIDATED GOLD PRODUCTION, OF 953,504 OUNCES OF
GOLD, A
SIGNIFICANT INCREASE OF 322,939 OUNCES (51%) OVER PRIOR-YEAR
    * FOR FY 2018, EXPECTS TO BE AT LOWER END OF COST GUIDANCE
RANGES
FOR CONSOLIDATED CASH OPERATING COSTS OF BETWEEN $505-$550 PER
OUNCE
    * FOR FULL-YEAR 2018, COMPANY IS PROJECTING CASH FLOW FROM
OPERATIONS OF APPROXIMATELY $450 MILLION.
    * IN Q4 OF 2018, B2GOLD'S CONSOLIDATED GOLD PRODUCTION WAS
231,687
OUNCES VERSUS 240,753 OUNCES IN Q4 2017

Source text for Eikon:  ID:nCNWmxYgza 
Further company coverage:  BTO.TO 

 ((Reuters.Briefs@thomsonreuters.com;))
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