Friday, December 9, 2016

B2Gold Corp - BTO.t

B2Gold Corp - BTO.t operates the Libertad Mine and the Limon Mine in Nicaragua, the Masbate Mine in the Philippines and the Otjikoto Mine in Namibia.

The company produced 493,265 ounces Au in 2015 and forecasts between 500,000 to 510,000 Au for 2016 at all in ASIC of between $895 and $925.

On November 3, 2016 the company reported Numbers
B2Gold Corp. (TSX:BTO)(NYSE MKT:BTG)(NAMIBIAN:B2G) ("B2Gold" or the "Company") is pleased to announce its operational and financial results for the three and nine months ended September 30, 2016. The Company previously released its gold production and gold revenue results for the third quarter of 2016 (see news release dated 10/13/16). All dollar figures are in United States dollars unless otherwise indicated. 2016 Third Quarter Highlights
•Record quarterly consolidated gold production of 146,686 ounces, 6% (or 7,988 ounces) above budget and 18% (or 22,315 ounces) greater than the same period in 2015
•Consolidated gold revenue a quarterly record of $193 million on record sales of 145,029 ounces at an average price of $1,331 per ounce, an increase in revenue of 39% (or $53.7 million) over the same period in 2015
•Consolidated cash operating costs a quarterly record low of $491 per ounce, $73 per ounce (or 13%) below budget and $93 per ounce (or 16%) below the prior-year quarter
•Consolidated all-in sustaining costs of $702 per ounce, $134 per ounce (or 16%) below budget and $173 per ounce (or 20%) below the prior-year quarter
•Cash flow from operating activities of $90.3 million ($0.10 per share), up 266% from $33.9 million ($0.04 per share) in the third quarter of 2015
•Strong cash position of $123.8 million at quarter-end