B2Gold Reports Strong Q4 and Full Year 2023 Results;
From GlobeNewswire:
B2Gold Corp. announced its operational and financial results for the fourth quarter and full year 2023. The company exceeded annual gold production guidance and achieved lower than expected costs, leading to strong financial position and liquidity. Construction at the Goose Project is progressing on schedule, and the company expects to increase gold production to record levels in 2025.
The company also reported preliminary exploration drilling results at the Otjikoto Mine, with a potential underground mining operation. Following a prepaid gold sales agreement, B2Gold received an upfront payment of $500 million and entered into a dividend plan of $0.04 per share for the first quarter of 2024.
Unfortunately, on February 15, 2024, B2Gold reported three fatalities from an off-site armed attack in Mali, impacting some of their employees. This tragic event occurred despite Malian gendarme escort security precautions.
Read more: B2Gold Reports Strong Q4 and Full Year 2023 Results;