Masbate Mine, the Philippines Mangrove Rehabilitation, Masbate Gold Project, the Philippines New Fadougou Village, Mali Fekola Mine, Mali Fekola Mine, Mali Otjikoto Mine Okra harvester, B2Gold’s Market Garden, Fekola, Mali Colorado State University’s Little Shop of Physics, Otjikoto, Namibia Coral reef restoration, Masbate, the Philippines. Namibian Rhino Gold Bar, Namibia. Otjikoto Mine, Namibia.

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Delivering on Our Promises

Outside our core business of mining, we also inspire growth and transformation through responsible mining practices. Delivering on Our Promises looks at what we’re doing for people and the planet, and how we’re giving back to the communities and countries in which we operate.

Key Company Highlights


7 countries: 3 mines, 2 development projects, multiple exploration programs.

Gramalote Project: Feasibility study expected to be completed in Q1 2021

Projected 2020 gold production1: 1,000 - 1,055 Koz.

Projected 2020 cash operating costs/2: $415 - $455 /oz.
1. On November 4, 220, Calibre provided its revised 2020 production guidance. The Company’s attributable gold production from Calibre is now estimated to be between 42,000 and 44,000 ounces for 2020 (compared to the original estimate of between 45,000 and 50,000 ounces of gold).
I’ll send some photos of Otjikoto in the morning that you can add in.
2. Non-IFRS measure.
Refer to cautionary statement in B2Gold’s 2019 Annual Information Form
 Projected 2020 all-in sustaining costs/1: $780 - $820 /oz.

Projected 2020 gold revenue/2: approx. $1.8 B.

Projected 2020 cashflows from operating activities/2: approx. >$900 M.

Company is debt-free.3

2020 exploration budget: approx. $61 M.
1. Non-IFRS measure
2. Based on current assumptions, including an average gold price of $1,900 /oz for the balance of 2020
3. Other than mining equipment loans and leases totaling approx. $50M (as at September 30, 2020)
Refer to cautionary statement in B2Gold’s 2019 Annual Information Form
 4,380 employees, 95% local employment rate1.

Celebrating best safety performance in company history in 20211.

Recently won 2020 Mining Journal Sustainable Leader award. 1. As at September 30, 2020
Refer to cautionary statement in B2Gold’s 2019 Annual Information Form

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Download our 2019 Responsible Mining Report