B2Gold pours first gold at Goose mine in Canada
The initial ore was processed at the Goose mine facilities on 24 June 2025, with operations running at 50% of the intended capacity during this phase, aligning with the company's strategy.
The third quarter of 2025 will focus on achieving steady-state operations and scaling up to full capacity. This will involve the integration of additional generators and the optimisation of all processing circuits.
B2Gold president and CEO Clive Johnson stated: 'I am pleased to announce that the Goose mine has achieved its inaugural gold pour, a true milestone for our staff and our partners who have worked tirelessly to reach this achievement.
'The commencement of gold production at the Goose mine marks an exciting step in B2Gold's history, further diversifying and adding to the quality of the company's existing global operating portfolio. We look forward to many years of safe and successful production at the Goose mine, as well as further unlocking the value of the entire Back River gold district.'
Kitikmeot Inuit Association (KIA) has played a pivotal role in the development of the Goose mine.
B2Gold emphasises that cooperation with the KIA is essential for its licence to operate in the region.
B2Gold is committed to operating the Goose mine in a way that aligns with Inuit priorities, addresses concerns and delivers socio-economic benefits to the Kitikmeot region.
The company anticipates reaching commercial production in the third quarter of 2025 and projects gold production for the year between 120,000 and 150,000 ounces (oz).
It expects an average annual yield of about 300,000oz over the first six full years of operation (2026 to 2031), based solely on current mineral reserves.
The company has allocated C$61m ($44.5m) for its 2025 corporate exploration budget, with C$32m earmarked for exploration in the Back River gold district, highlighting the area's significant untapped potential.
In April, B2Gold announced plans to cut 300 jobs in Namibia as it begins the phased downscaling of operations at its Otjikoto gold mine, following the depletion of open pit reserves.
"B2Gold pours first gold at Goose mine in Canada" was originally created and published by Mining Technology, a GlobalData owned brand.
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