Home > Boards > Canadian > Mining/Resources > B2 Gold Corp (TSX:BTO)

B2Gold Reports Rise In 4Q Adjusted Net Income

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
NYBob Member Profile
Member Level 
Followed By 819
Posts 70,016
Boards Moderated 75
Alias Born 11/22/03
160x600 placeholder
B2Gold Announces Voting Results from the Election of its Board of Directors PR Newswire (Canada) - 6/17/2019 11:18:00 PM
B2Gold Announces Voting Results from the Election of its Board of Directors PR Newswire (US) - 6/17/2019 11:18:00 PM
B2Gold Notice of 2019 Annual General and Special Meeting of Shareholders; New Executive Appointed PR Newswire (Canada) - 6/10/2019 6:50:00 PM
B2Gold Notice of 2019 Annual General and Special Meeting of Shareholders; New Executive Appointed PR Newswire (US) - 6/10/2019 6:50:00 PM
B2Gold Announces that Independent Proxy Advisory Firms, Glass Lewis and ISS, Recommend B2Gold Shareholders Vote for All Propo... PR Newswire (Canada) - 5/29/2019 2:20:00 AM
B2Gold Announces that Independent Proxy Advisory Firms, Glass Lewis and ISS, Recommend B2Gold Shareholders Vote for All Propo... PR Newswire (US) - 5/29/2019 2:20:00 AM
B2Gold has Filed a Technical Report for the Fekola Mine Expansion Confirming Very Positive Results from the Expansion Study P... PR Newswire (Canada) - 5/13/2019 3:15:00 AM
B2Gold has Filed a Technical Report for the Fekola Mine Expansion Confirming Very Positive Results from the Expansion Study P... PR Newswire (US) - 5/13/2019 3:15:00 AM
B2Gold Reports Strong First Quarter 2019 Results; Quarterly Gold Production of 231,000 oz, 6% Above Budget; AISC of $848/oz s... PR Newswire (Canada) - 5/7/2019 9:11:00 PM
B2Gold Reports Strong First Quarter 2019 Results; Quarterly Gold Production of 231,000 oz, 6% Above Budget; AISC of $848/oz s... PR Newswire (US) - 5/7/2019 9:11:00 PM
B2Gold First Quarter 2019 Financial Results: Conference Call / Webcast Details PR Newswire (Canada) - 5/3/2019 4:12:00 PM
B2Gold First Quarter 2019 Financial Results: Conference Call / Webcast Details PR Newswire (US) - 5/3/2019 4:12:00 PM
B2Gold Corp. Reports Continued Strong Gold Production & Revenue for Q1 2019; Quarterly Gold Production of 231,000 oz, 6% Abov... PR Newswire (Canada) - 4/17/2019 3:27:00 PM
B2Gold Corp. Reports Continued Strong Gold Production & Revenue for Q1 2019; Quarterly Gold Production of 231,000 oz, 6% Abov... PR Newswire (US) - 4/17/2019 3:27:00 PM
B2Gold Corp. Announces Very Positive Results from the Expansion Study Preliminary Economic Analysis for the Fekola Mine in Ma... PR Newswire (Canada) - 3/27/2019 12:48:00 AM
B2Gold Corp. Announces Very Positive Results from the Expansion Study Preliminary Economic Analysis for the Fekola Mine in Ma... PR Newswire (US) - 3/27/2019 12:48:00 AM
B2Gold has filed its Form 40-F PR Newswire (Canada) - 3/20/2019 8:36:00 PM
B2Gold has filed its Form 40-F PR Newswire (US) - 3/20/2019 8:36:00 PM
B2Gold Reports Positive 2018 Fourth Quarter/Annual Results; Record Annual Gold Production of 953,504 Oz, Revenue of $1.2 B & ... PR Newswire (Canada) - 3/12/2019 9:10:00 PM
B2Gold Reports Positive 2018 Fourth Quarter/Annual Results; Record Annual Gold Production of 953,504 Oz, Revenue of $1.2 B & ... PR Newswire (US) - 3/12/2019 9:10:00 PM
B2Gold Reports Record 2018 Annual Gold Production of 953,504 Oz & Gold Revenues of $1.2 B; Forecast Annual Cash Flows from Op... PR Newswire (Canada) - 1/16/2019 3:42:00 AM
B2Gold Reports Record 2018 Annual Gold Production of 953,504 Oz & Gold Revenues of $1.2 B; Forecast Annual Cash Flows from Op... PR Newswire (US) - 1/16/2019 3:42:00 AM
Zonte Metals signs drill contract for Phase 1 at Cross Hills IOCG Property PR Newswire (Canada) - 12/12/2018 4:00:00 PM
Zonte Metals Closes a $1.2 Million Non-Brokered Private Placement PR Newswire (Canada) - 11/22/2018 9:00:00 AM
B2Gold Corp. Reports Positive Third Quarter 2018 Results; Quarterly Operating Cash Flows Increase by $101 M (240%) to $143 M ... PR Newswire (Canada) - 11/6/2018 7:49:00 PM
NYBob Member Level  Wednesday, 03/13/19 09:47:30 AM
Re: kayakbob223 post# 208
Post # of 219 
B2Gold Reports Rise In 4Q Adjusted Net Income
Allen Sykora
Allen Sykora Wednesday March 13, 2019 09:1

https://www.kitco.com/news/2019-03-13/Gold-Silver-Mining-Daily-News-Briefs.html


B2Gold Corp. (TSX: BTO, NYSE American: BTG; NSX: B2G), benefiting from the first full year of commercial production from its Fekola Mine in Mali, reported that fourth-quarter adjusted net income jumped to $14 million, or a penny per share, from $6 million, also a penny, in the same period a year ago. The company recorded a loss of $50 million, or 6 cents, compared to net income of $34 million, or 3 cents, in the fourth quarter of 2017, mainly as a result of impairment charges and mineral property write-offs. During 2018, B2Gold recorded a net impairment charge of $55 million, mainly for the La Libertad Mine in the third and fourth quarters and the sale of the Mocoa porphyry copper-molybdenum deposit in the second quarter. Fourth-quarter output was 231,687 gold ounces, with 105,280 coming from Fekola. For full-year 2018, adjusted net income was $162 million, or 16 cents, compared to $52 million, or a nickel, in 2017. Net income was $45 million, or 3 cents, compared to $62 million, or 6 cents, for 2017. B2Gold lists consolidated gold production of 953,504 ounces in 2018, near the top end of its revised guidance range. The annual increase was 322,939 ounces, which was 51% more than 2017, making this the 10th consecutive year that B2Gold achieved record production. Consolidated all-in sustaining costs of $758 per ounce were below guidance. The new Fekola mine outperformed expectations, with production of 439,068 ounces, exceeding the upper limit of its already-increased guidance range, the company says. Meanwhile, Fekola’s AISC of $533 per ounce was below guidance. Additionally, the Masbate Mine in the Philippines posted record annual gold production of 216,498 ounces. “Looking forward, B2Gold remains well positioned for continued strong operational and financial performance with production guidance of between 935,000 and 975,000 ounces of gold for 2019 with forecast …AISC of between $835 and $875 per ounce,” the company says.

By Allen Sykora of Kitco News; asykora@kitco.com

God Bless


My opinions are my own and and DD I post should be confirmed as unbiased
Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist