B2Gold Sets 2025 Gold Production Guidance Amid Ongoing Expansion in Africa

Strategic Insights -

Canadian mining company B2Gold has outlined its strategy for the African gold market, emphasizing its commitment to unlocking greater value from the region. With a focus on its operations in Mali and Namibia, the company is advancing key projects, including the development of the Antelope underground deposit at its Otjikoto Mine in Namibia. This move is expected to extend the mine's life and increase output.

B2Gold's Otjikoto Mine is forecast to produce 185,000 to 205,000 ounces, while the company's Fekola Complex in Mali is expected to deliver 515,000 to 550,000 ounces. The company aims to secure an exploration permit for the Fekola Regional deposits by the end of Q3, 2025, with first production anticipated in early 2026.

Key Takeaways:

  • B2Gold has set its 2025 gold production guidance at 970,000 to 1,075,000 ounces, with the majority coming from its African operations.
  • The company's Otjikoto Mine in Namibia is expected to produce 185,000 to 205,000 ounces, with the Antelope underground deposit key to increasing output.
  • B2Gold has approved the development of the Antelope underground deposit, which will extend the mine's life and increase output.
  • The company plans to invest at least $105 million in 2026-2027, targeting an additional 110,000 ounces annually.
  • B2Gold's Fekola Complex in Mali is expected to deliver 515,000 to 550,000 ounces, with the company aiming to secure an exploration permit for the Fekola Regional deposits by the end of Q3, 2025.
  • John Roos, Country Manager of B2Gold Namibia, will participate in the Africa's Gold Economy: Value, Processing and Global Market Positioning panel at the African Mining Week (AMW) conference in October 2025.

Statistics:

  • 970,000 to 1,075,000 ounces: B2Gold's 2025 gold production guidance
  • 185,000 to 205,000 ounces: Forecasted gold production from the Otjikoto Mine in Namibia
  • 515,000 to 550,000 ounces: Forecasted gold production from the Fekola Complex in Mali
  • 10 years: Initial mine life of the Antelope underground deposit
  • $105 million: B2Gold's planned investment for 2026-2027
  • 110,000 ounces: Targeted annual gold production increase through 2027
  • 2025: Year in which B2Gold aims to secure an exploration permit for the Fekola Regional deposits
  • 2026: Year in which first production from the Fekola Regional deposits is anticipated

Sources:

  • B2Gold website
  • African Mining Week (AMW) conference program
  • Company announcements and press releases