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B2Gold Announces First Gold Pour At Fekola Mine -

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NYBob Member Level  Wednesday, 10/11/17 09:57:05 AM
Re: NYBob post# 182
Post # of 219 
B2Gold Announces First Gold Pour At Fekola Mine -

http://www.kitco.com/news/2017-10-11/Gold-Silver-Mining-Daily-News-Briefs.html

B2Gold Corp. (TSX: BTO; NYSE: BTG)
reports that the first pour occurred at the Fekola Gold Mine in Mali
on Oct. 7, approximately three months ahead of schedule.
Commissioning of the mill is described as ongoing, with commercial
production expected by the end of 2017.
For the fourth quarter, the company is projecting gold production
from Fekola of between 50,000 and 55,000 ounces.
Next year would be the first full year of gold production,
with an expected 400,000 to 410,000 ounces for the year,
the company says.
Based on current assumptions this represents an increase in annual gold
production of over 70% for B2Gold in 2018.
Over the first 10 years, Fekola is projected to produce an average of
345,000 ounces annually at all-in sustaining costs of $664 per ounce.
The company is undertaking a $15 million exploration drill program at
Fekola this year.

God Bless


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