B2Gold Corp

Latest Results (05.10.2025):

B2Gold Corp. reported strong financial and operational performance in the second quarter of 2025, surpassing gold production expectations while maintaining lower than anticipated cash costs. The company remains on track to meet its annual production guidance and continues to strengthen its financial position.

Higher Gold Production

Consolidated gold production reached 229,454 ounces in Q2 2025, exceeding expectations across the Fekola, Masbate, and Otjikoto mines. This robust performance ensures that B2Gold is on target to achieve its consolidated annual production guidance.

Lower Cash Operating Costs

The company achieved consolidated cash operating costs of $745 per gold ounce produced, outperforming expectations due to reduced fuel costs and increased gold production. This efficiency highlights B2Gold's effective cost management strategies.

Strong Net Income

B2Gold reported an attributable net income of $0.12 per share for Q2 2025, demonstrating significant profitability compared to the previous year. Adjusted net income also stood at $0.12 per share, reflecting the company's solid financial health.

Robust Financial Position

As of June 30, 2025, B2Gold maintained cash and cash equivalents of $308 million and a full $800 million revolving credit facility available for future use. This strong liquidity position supports the company's ongoing and future operational initiatives.

Expansion and Project Development

The inaugural gold pour at the Goose Mine marks a significant milestone, with ramp-up to commercial production expected in Q3 2025. Additionally, a positive feasibility study for the Gramalote Project in Colombia underscores B2Gold's commitment to strategic growth and expansion.

Shareholder Returns

B2Gold's Board of Directors declared a Q3 2025 dividend of $0.02 per share, anticipating an annualized payout of $0.08 per share. This decision reflects the company's dedication to returning value to its shareholders.