{"id":1111577,"date":"2019-04-17T21:52:08","date_gmt":"2019-04-17T21:52:08","guid":{"rendered":"http:\/\/www.mining.com\/?p=982934"},"modified":"2019-04-17T21:52:08","modified_gmt":"2019-04-17T21:52:08","slug":"b2golds-shares-up-on-first-quarter-2019-report","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1111577","title":{"rendered":"B2Gold\u2019s shares up on first quarter 2019 report"},"content":{"rendered":"

B2Gold\u2019s (TSX: BTO NSX: B2G) stock was up over 2% Wednesday afternoon after reporting strong results<\/a>\u00a0on both its gold production and gold sales for the first quarter of 2019.<\/p>\n

Consolidated gold production was 230,859 ounces, 6% (12,704) ounces above target. Gold production from B2Gold\u2019s Fekola, Masbate, Otjikoto and El Limon mines all exceeded their targeted production, the company reported.<\/p>\n

The Fekola Mine in Mali and the Masbate Mine in the Philippines both achieved above targeted production for the quarter.<\/p>\n

For the first quarter of 2019, the Fekola Mine produced 110,349 ounces of gold, above budget by 6% (6,724 ounces), and the Masbate Mine produced 57,481 ounces of gold, above target by 15% (7,490 ounces). Compared to the prior-year quarter, gold production was slightly lower, by 8,825 ounces.<\/p>\n

Consolidated gold revenue dropped in the first quarter of 2019 from the same quarter last year. Revenue was $302 million on sales of 232,076 ounces at an average price of $1,300 per ounce compared to $344 million on sales of 259,837 ounces at an average price of $1,325 per ounce in the first quarter of 2018.<\/p>\n

Gold sales of 232,076 ounces in the first quarter of 2019 were 6% (13,564 ounces) above budget. Compared to the prior-year quarter, the decrease in revenue related mainly to the timing of gold shipments.<\/p>\n

At market close Wednesday, B2Gold\u2019s shares were up 2.25%, trading at C$3.63 on the TSX. The company has a C$3.64B market capitalization.<\/p>\n

The post B2Gold\u2019s shares up on first quarter 2019 report<\/a> appeared first on MINING.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Consolidated gold production was 230,859 ounces, 6% (12,704) ounces above budget.<\/p>\n

The post B2Gold’s shares up on first quarter 2019 report<\/a> appeared first on MINING.com<\/a>.<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[2399,872,404,369,1070],"tags":[9,25,48,81,88],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1111577"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1111577"}],"version-history":[{"count":3,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1111577\/revisions"}],"predecessor-version":[{"id":1111583,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1111577\/revisions\/1111583"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1111577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1111577"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1111577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}