B2Gold sees 800 000 oz/y potential at Mali mine
Precious metals producer B2Gold says its Fekola mining operation, located in Mali, has the potential to significantly increase production.
The Toronto miner’s optimisation study analysis indicates that the combined Fekola mine and Fekola regional processing facilities have the potential to produce more than 800 000 oz/y of gold, subject to the delineation of additional mineral resources.
This is substantially more than what the mine is expected to produce this year, with a guidance of 580 000 oz to 610 000 oz for 2023. In the first quarter, Fekola produced 165 864 oz at an all-in sustaining cost of $964/oz.
Fekola produced its three-millionth ounce of gold on April 27. This milestone was accomplished five years and seven months from construction completion and three years earlier than estimated in the Fekola feasibility study from June 2015. B2Gold notes that Fekola production has met, or exceeded, production projections in each year of its operation.
To further expand Fekola, the company is advancing an engineering study for a regional standalone mill and oxide facilities, which are expected to be located in the Anaconda area.
The engineering study will be based on processing four-million tonnes a year of saprolite and transitional (oxide) resources.
The current Anaconda area mineral resource estimate, released in March last year, included indicated resources of 32.4-million tonnes at 1.08 g/t gold for 1.13-million ounces of gold, all of which was weathered oxide ore, and inferred resources that included 19.1-million tonnes of oxide ore at 0.81 g/t gold for 0.50-million ounces of gold, and 44.6-million tonnes of sulphide ore at 1.25 g/t gold for 1.79-million ounces of gold.
B2Gold has since completed about 120 000 m of additional drilling at the Anaconda area.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
M and J Mining are leading suppliers of physical support systems as used by the underground mining industry. Our selection of products are not...
VISIT SHOWROOM
For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
