B2Gold is a Vancouver-based gold producer with three operating mines (two in Nicaragua and one in the Philippines) and a strong portfolio of development and exploration assets in Namibia, Nicaragua, Mali, Burkina Faso, and Colombia.
For 2016, consolidated gold production at B2Gold is expected to increase to between 510,000 and 550,000 ounces, compared to 493,265 ounces produced in 2015. Meanwhile, consolidated cash operating costs are projected to decrease to $560–$595 per ounce.
This is largely due to higher productivity and cost efficiency at the Otjikoto Mine, where a weaker Namibian dollar and lower fuel and energy costs have provided a nice tailwind. In all, the Otjikoto gold project has excellent exploration potential.
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