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B2Gold Otjikoto posts strong third quarter performance

Only one outlet has reported this so far: treat it as unconfirmed.

📍 Otjozondjupa, NA·🕐 2d ago·1 outlet

B2Gold’s Otjikoto Mine in the Otjozondjupa region produced 70 000 ounces of gold, which generated US$344 million (about N$5.6 billion) during the third quarter which ended on 30 September. This contributed to the B2Gold Corporation Group’s revenue of US$836 million (N$13.7 billion) on 195 018 ounces of gold sold at an average price of US$4 289 (N$70 356) per ounce. According to a company statement released by B2Gold president and chief executive Mike Cinnamond, with production of 193 321 ounces, B2Gold is on track to deliver full-year production guidance at all its operations. “B2Gold…

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Reliability
85%

Very high · How we score this

Risk Score
low risk