Staff Writer
B2Gold Corporation has confirmed that its Fekola Complex in Mali continues to operate without disruption, with all mining permits and licences remaining valid.
The Canadian gold producer, headquartered in Vancouver, said milling and mining activities at Fekola are running at full capacity. The company reaffirmed its 2025 production guidance for the Fekola Complex, targeting between 515,000 and 550,000 ounces of gold.
While some operators in Mali have recently faced permit revocations under the country’s 2023 Mining Code, B2Gold said its exploration and exploitation permits remain secure. The exploitation permit for the Fekola Regional Project is in the final stages of approval and expected to be issued soon.
“B2Gold remains committed to ensuring the Fekola Complex continues its track record of safe and reliable gold production,” the company said. “We are focused on providing economic benefits and employment opportunities to surrounding communities and the State of Mali.”
Founded in 2007, B2Gold operates mines in Canada, Mali, Namibia, and the Philippines, with several development projects underway elsewhere.
In 2024, B2Gold Namibia produced 198,142 ounces of gold, generating N$8.89 billion in revenue from its Otjikoto Mine near Otjiwarongo.
During the second quarter of 2025, the company recorded consolidated gold production of 229 454 ounces, exceeding expectations. Its Fekola (Masbate, Philippines) and Otjikoto (Namibia) mines all outperformed forecasts.
For 2025, B2Gold expects total gold production to range between 970 000 and 1 075 000 ounces, driven by higher-grade ore mining at Fekola’s Phase 7 and Cardinal pits, new underground output at Fekola, and the launch of the Goose Project in Canada by mid-year.
This increase will be partly offset by the planned closure of open-pit mining at the Otjikoto Mine later in 2025. Open-pit operations are set to end in the third quarter, while underground mining at Wolfshag is expected to continue until 2027. Exploration results suggest underground production could extend beyond 2027, allowing processing operations to continue into 2032, when remaining ore stockpiles are expected to run out.
Caption
Milling and mining activities at B2Gold’s Fekola Mine are running at full capacity.
- Photo: B2Gold
