start here

start here

The Daily IKN email digest, get all daily posts sent to you next day (& no ads)

6/12/15

B2Gold (BTG) (BTO.to)

A big long late night NR from BTO which ends this way...

In Conclusion
With the successful transition from construction to commercial production at the Otjikoto Mine, the Company is projecting another record year of gold production in 2015. Company-wide production in 2015 from the newly constructed Otjikoto Mine, and the Masbate, La Libertad and Limon Mines is expected to be in the range of 500,000 to 540,000 ounces of gold, an increase of approximately 35% over 2014 production. Consolidated cash operating costs are expected to be in the range of $630 to $660 per ounce. The substantial increase in the Company's consolidated gold production and the reduction in consolidated cash operating costs per ounce reflect the positive impact of new production from the Company's low-cost Otjikoto Mine which reached commercial production on February 28, 2015.
With the commencement of production at Otjikoto and the robust Fekola Project on the horizon, the Company continues to pursue its strong growth profile and low-cost gold production base. Based on current assumptions, B2Gold expects consolidated gold production to grow from 380,000 ounces in 2014 to well over 900,000 ounces in 2018.

...but mainly gives us the numbers on the Fekola feas. It can only mean one thing; the company's having its AGM today. The AGM starts at 2pm PDT (5pm EDT if i'm not mistaken) and afterwards The Clive and his jolly pals will be giving an exhibition of boxing a presentation on the company. Go here for the webcast link.