B2Gold Corp. updates Goose Project timeline, with Q2 2025 gold production expected, costing C$1.54B due to delay, increased shipping, and infrastructure improvements.

B2Gold Corp. has updated the Goose Project in Nunavut, Canada, expecting first gold production in Q2 2025 and ramping up to commercial production by Q3 2025. The mine is projected to yield about 310,000 ounces of gold annually for the first five years. Total construction and development costs have risen to C$1,540 million, up C$290 million, due to a one-quarter delay, increased shipping costs, and accelerated infrastructure improvements.

September 13, 2024
4 Articles