‘It is really gratifying to see that the market has understood’
Shares in B2Gold surged by 25% after the company announced an agreement with the government of Mali that paves the way for further growth and expansion at its Fekola mine and that its Goose development project in Nunavut, Canada, will be in production on schedule in 2025, chief executive Clive Johnson told Mining Journal at the 2024 Gold Forum Americas in Colorado Springs, Denver, US.
B2Gold recently reported an additional 23% cost increase for its Goose development project in Nunavut, Canada, taking the total to C$1.5 billion. This barely caused a market reaction, which Johnson attributes to the company's guidance about the cost overrun. Goose is planned to produce 310,000ozpa during its first five years."It speaks to the credibility of what we've done. We build our mines. We design our mines.
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