Mining Insider
Highlights as B2Gold reaches record 4th quarter and full-year gold production in 2013
Keith Powell
Gold pour at B2's Limon Mine in Nicaragua. — Photo courtesy B2 Gold Corp. Vancouver-based B2Gold Corp. recently announced fourth quarter and full yea
Gold pour at B2's Limon Mine in Nicaragua. — Photo courtesy B2 Gold Corp.
Vancouver-based B2Gold Corp. recently announced fourth quarter and full year 2013 gold production and revenue as well as production and cash cost guidance for 2014 for its La Libertad and Limon Mines in Nicaragua and the Masbate Mine in the Philippines.
All dollar figures are in United States dollars unless otherwise indicated.
2013 Fourth Quarter Highlights
- Record quarterly gold production of 105,577 ounces, an increase of 138% over the fourth quarter of 2012
- Gold revenue of $138 million, an increase of $67.3 million from the fourth quarter of 2012
- Record gold sales of 106,185 ounces
2013 Full-Year Highlights
- Record attributable gold production of 366,313 ounces, an increase of 132% over 2012
- Gold production of 373,400 ounces including non-attributable pre-acquisition production of 7,087 ounces from the Masbate Mine, within the Company’s 2013 guidance
- Record gold revenue of $544.3 million, an increase of $285.2 million over 2012
- Record gold sales of 380,895 ounces
- Estimated consolidated operating cash costs to be at the lower end of the Company’s 2013 guidance range of $675 to $690 per ounce of gold
- Exceptional safety record in 2013 at all three mining operations
For more information on B2Gold please visit the Company website.