B2Gold Corp. reported revenue of $472.58 million from its Fekola gold mine in Mali for the third quarter of 2025, a 142% year-on-year increase fueled by stronger sales volumes and higher gold prices.
Gold sales rose 74% to 137,360 ounces, reflecting an 88% year-on-year increase in production. Although the company did not specify the factors behind the surge, it likely stemmed from higher ore throughput and improved gold grades.
B2Gold also reported an average realized gold price of $3,440 per ounce, up 39% from a year earlier. For the first nine months of 2025, Fekola produced 367,049 ounces of gold, generating $1.1 billion in revenue, 16% higher than the total recorded for all of 2024.
The company reaffirmed its full-year guidance, forecasting gold production between 515,000 and 550,000 ounces.
Emiliano Tossou
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