Business

B2Gold Reports Q4 and Full Year 2025 Results & 2026 Guidance; Achieved 2025 Gold Production and Cost Guidance; Record Annual Revenue in 2025 of Over $3 Billion; Gold Production for 2026 Anticipated to be Between 820,000 and 970,000 oz; Q1 2026 Dividend of US$0.02 Per Share Declared

VANCOUVER, British Columbia, Feb. 18, 2026 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) announces its operational and financial results for the fourth quarter and full year 2025, together with 2026 operating and cost guidance. All dollar figures are in United States dollars unless otherwise indicated. 2025 Fourth Quarter and Full Year Highlights Consolidated gold production of 303,029 ounces in Q4 2025: The Fekola, Masbate and Otjikoto min

B2gold Corp.February 18, 202653
B2Gold Reports Q4 and Full Year 2025 Results & 2026 Guidance; Achieved 2025 Gold Production and Cost Guidance; Record Annual Revenue in 2025 of Over $3 Billion; Gold Production for 2026 Anticipated to be Between 820,000 and 970,000 oz; Q1 2026 Dividend of US$0.02 Per Share Declared

About this update from B2gold Corp.

[{"type":"image","alt":"B2Gold Corp.","displaySize":"","headline":null,"caption":"B2Gold Corp.","className":"","disableSlideshowImg":false,"size":{"original":{"width":165,"height":136,"url":"https://media.zenfs.com/en/globenewswire.com/266bdb7fe05b7cea064a9fd152e3f583"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/E2QbsvrJxtyBNebXvc2cmQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTE3MztjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/266bdb7fe05b7cea064a9fd152e3f583","width":165,"height":136}},"lazy":false},{"type":"text","content":"VANCOUVER, British Columbia, Feb. 18, 2026 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) announces its operational and financial results for the fourth quarter and full year 2025, together with 2026 operating and cost guidance. All dollar figures are in United States dollars unless otherwise indicated.","length":359,"tagName":"p"},{"type":"text","content":" 2025 Fourth Quarter and Full Year Highlights ","length":44,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":" Consolidated gold production of 303,029 ounces in Q4 2025: The Fekola, Masbate and Otjikoto mines all exceeded gold production expectations for the fourth quarter, capping off strong operational years at all three sites. Commercial production at the Goose Mine was achieved on October 2, 2025, after which it produced 38,616 ounces in the fourth quarter. ","length":354,"tagName":"p"}]},{"val":[{"type":"text","content":" Consolidated cash operating costs of $736 per ounce produced in Q4 2025 : Consolidated cash operating costs (see “Non-IFRS Measures” ) were $736 per gold ounce produced during the fourth quarter of 2025, lower than expected as a result of higher than anticipated gold production in the quarter. ","length":292,"tagName":"p"}]},{"val":[{"type":"text","content":" Consolidated all-in sustaining costs of $1,754 per ounce sold in Q4 2025 : Consolidated all-in sustaining costs (see “ Non-IFRS Measures ”) were $1,754 per gold ounce sold during the fourth quarter of 2025, higher than expected as a result of lower than anticipated gold ounces sold due to the timing of shipments at the Fekola Mine and higher than budgeted royalties resulting from a higher realized gold price than expected. ","length":423,"tagName":"p"}]},{"val":[{"type":"text","content":" Annual consolidated gold production of 979,604 ounces: Consolidated gold production for 2025 was 979,604 ounces, including 14,554 ounces of pre-commercial production from the Goose Mine, slightly below the mid-point of the Company's guidance range of between 940,000 and 1,045,000 ounces. In 2025, the Fekola, Masbate and Otjikoto mines continued their strong performance producing 926,434 ounces of gold, at the mid-point of their guidance range of between 890,000 and 965,000 ounces. Commercial production at the Goose Mine was achieved on October 2, 2025, after which it produced 38,616 ounces, totaling 53,170 ounces for 2025, at the low end of its guidance range of between 50,000 and 80,000 ounces. ","length":708,"tagName":"p"}]},{"val":[{"type":"text","content":" Annual consolidated cash operating costs of $769 per gold ounce produced : Annual consolidated cash operating costs (see “Non-IFRS Measures” ), excluding pre-commercial production from the Goose Mine, of $769 per gold ounce produced. Cash operating costs for the year ended December 31, 2025, were below the low end of the Company's guidance range of $795 to $855 per ounce produced as a result of higher than expected gold production and lower fuel costs. ","length":458,"tagName":"p"}]},{"val":[{"type":"text","content":" Annual consolidated all-in sustaining costs of  $1,584 per gold ounce sold : Annual consolidated all-in sustaining costs (see “ Non-IFRS Measures ”), excluding pre-commercial production from the Goose Mine, of $1,584 per gold ounce sold, at the low end of the Company's guidance range of $1,575 to $1,635 per ounce sold. The increase in realized gold price compared to budget for the year resulted in additional royalties of $169 per gold ounce sold. ","length":455,"tagName":"p"}]},{"val":[{"type":"text","content":" Record annual revenue of $3.06 billion in 2025: Achieved record annual revenue of $3.06 billion on gold sales of 927,797 ounces at an average realized gold price of $3,299 per ounce sold. ","length":187,"tagName":"p"}]},{"val":[{"type":"text","content":" Attributable net income of $0.13 per share in Q4 2025; Adjusted attributable net income of $0.11 per share in Q4 2025 : Net income attributable to the shareholders of the Company of $171 million ($0.13 per share) in the fourth quarter of 2025; adjusted net income (see “ Non-IFRS Measures ”) attributable to the shareholders of the Company of $147 million ($0.11 per share) in the fourth quarter of 2025. For the year ended December 31, 2025, net income attributable to the shareholders of the Company was $402 million ($0.30 per share), predominantly due to strong gold production and higher than expected realized gold prices, and adjusted net income (see “ Non-IFRS Measures ”) attributable to the shareholders of the Company was $612 million ($0.46 per share). ","length":759,"tagName":"p"}]},{"val":[{"type":"text","content":" Annual operating cash flow before working capital adjustments of $940 million, including $211 million in Q4 2025 : Cash flow provided by operating activities before working capital adjustments was $211 million in the fourth quarter of 2025. Cash flow provided by operating activities before working capital adjustments for the year ended December 31, 2025, was $940 million. ","length":373,"tagName":"p"}]},{"val":[{"type":"text","content":" Strong financial position and liquidity : At December 31, 2025, the Company had cash and cash equivalents of $380 million and working capital (defined as current assets less current liabilities) of $68 million. Working capital at December 31, 2025, reflected the classification of the Company's gold prepayment obligations as current liabilities. As of December 31, 2025, the Company had $650 million available under its revolving credit facility ("RCF"). Subsequent to year end, the Company repaid $100 million on the RCF leaving $750 million available for future draw downs. ","length":589,"tagName":"p"}]},{"val":[{"type":"text","content":" Repurchased 7 million shares for $34 million under the Company’s normal course issuer bid (“NCIB”): On April 1, 2025, the Toronto Stock Exchange accepted the notice of B2Gold’s intention to implement an NCIB, which became effective on April 3, 2025, and will expire no later than April 2, 2026. During the year ended December 31, 2025, the Company repurchased 2 million shares for $10 million. Subsequent to year end, the Company repurchased a further 5 million shares for $24 million. ","length":485,"tagName":"p"}]},{"val":[{"type":"text","content":" Q1 2026 dividend of $0.02 per share declared:  On February 18, 2026, B2Gold's Board of Directors declared a cash dividend for the first quarter of 2026 of $0.02 per common share (or an expected $0.08 per share on an annualized basis), payable on March 19, 2026, to shareholders of record as of March 6, 2026. ","length":316,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":5399,"olType":false},{"type":"readMore"},{"type":"text","content":" Fourth Quarter and Full Year 2025 Results ","length":41,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"style":"vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"2","style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" Three months ended ","length":18,"tagName":"p","attribs":{}}]},{"colspan":"3","style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" Year ended ","length":10,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"2","style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" December 31 ","length":11,"tagName":"p","attribs":{}}]},{"colspan":"3","style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" December 31 ","length":11,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"max-width:55%;width:55%;min-width:55%;vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"max-width:9%;width:9%;min-width:9%;border-bottom:solid black 1pt;text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 2025 ","length":4,"tagName":"p","attribs":{}}]},{"style":"max-width:9%;width:9%;min-width:9%;border-bottom:solid black 1pt;padding-right:0;text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 2024 ","length":4,"tagName":"p","attribs":{}}]},{"style":"max-width:9%;width:9%;min-width:9%;border-bottom:solid black 1pt;text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 2025 ","length":4,"tagName":"p","attribs":{}}]},{"style":"max-width:9%;width:9%;min-width:9%;border-bottom:solid black 1pt;padding-right:0;text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 2024 ","length":4,"tagName":"p","attribs":{}}]},{"style":"max-width:9%;width:9%;min-width:9%;border-bottom:solid black 1pt;text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 2023 ","length":4,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"border-top:solid black 1pt;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"border-top:solid black 1pt;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"border-top:solid black 1pt;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"border-top:solid black 1pt;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"border-top:solid black 1pt;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"Gold revenue ($ in thousands)","length":29,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 1,053,977 ","length":9,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"499,788","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 3,061,238 ","length":9,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"1,902,030","length":9,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"1,934,272","length":9,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"Net income (loss) ($ in thousands)","length":34,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 180,259 ","length":7,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(9,325)","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 426,699 ","length":7,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(626,653)","length":9,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"41,588","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"Earnings (loss) per share – basic (1) ($/share)","length":46,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 0.13 ","length":4,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(0.01)","length":6,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 0.30 ","length":4,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(0.48)","length":6,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"0.01","length":4,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"Earnings (loss) per share – diluted (1) ($/share)","length":48,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 0.11 ","length":4,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(0.01)","length":6,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 0.28 ","length":4,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"(0.48)","length":6,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"0.01","length":4,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:top;","val":[{"type":"text","content":"Cash provided by operating activities ($ in thousands)","length":54,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 286,364 ","length":7,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"120,544","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 895,836 ","length":7,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"877,604","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"714,453","length":7,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"Total assets ($ in thousands)","length":29,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 5,879,316 ","length":9,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"4,813,998","length":9,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 5,879,316 ","length":9,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"4,813,998","length":9,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"4,874,619","length":9,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"Non-current liabilities ($ in thousands)","length":40,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 1,176,544 ","length":9,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"1,197,614","length":9,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 1,176,544 ","length":9,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"1,197,614","length":9,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"651,173","length":7,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"Average realized gold price ($/ounce)","length":37,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 3,718 ","length":5,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"2,661","length":5,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 3,299 ","length":5,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"2,373","length":5,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"1,946","length":5,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:top;","val":[{"type":"text","content":"Adjusted net income (1)(2) ($ in thousands)","length":42,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 147,251 ","length":7,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"17,433","length":6,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 611,853 ","length":7,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"206,542","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"347,203","length":7,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:top;","val":[{"type":"text","content":"Adjusted earnings per share (1)(2) - basic ($)","length":45,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 0.11 ","length":4,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"0.01","length":4,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 0.46 ","length":4,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"0.16","length":4,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"0.28","length":4,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:top;","val":[{"type":"text","content":" Consolidated operations results: ","length":32,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"Gold sold including pre-commercial ounces sold from the Goose Mine (ounces)","length":75,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 283,490 ","length":7,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"187,793","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 927,797 ","length":7,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"801,524","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"994,060","length":7,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"Gold sold excluding pre-commercial ounces sold from the Goose Mine (ounces)","length":75,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 283,490 ","length":7,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"187,793","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 920,112 ","length":7,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"801,524","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"994,060","length":7,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"Gold produced including pre-commercial production from the Goose Mine (ounces)","length":78,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 303,029 ","length":7,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"186,001","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 979,604 ","length":7,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"785,134","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"992,343","length":7,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"Gold produced excluding pre-commercial production from the Goose Mine (ounces)","length":78,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 303,029 ","length":7,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"186,001","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 965,050 ","length":7,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"785,134","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"992,343","length":7,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"Production costs ($ in thousands)","length":33,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 227,935 ","length":7,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"181,376","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 745,446 ","length":7,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"681,828","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"616,197","length":7,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"Cash operating costs (2)(3) ($/gold ounce sold)","length":46,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 804 ","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"966","length":3,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 800 ","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"851","length":3,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"620","length":3,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"Cash operating costs (2)(3) ($/gold ounce produced)","length":50,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 736 ","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"968","length":3,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 769 ","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"879","length":3,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"631","length":3,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"Total cash costs (2)(3) ($/gold ounce sold)","length":42,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 1,266 ","length":5,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"1,235","length":5,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 1,174 ","length":5,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"1,034","length":5,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"756","length":3,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"All-in sustaining costs (2)(3) ($/gold ounce sold)","length":49,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 1,754 ","length":5,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"1,668","length":5,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 1,584 ","length":5,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"1,463","length":5,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"1,199","length":5,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:top;","val":[{"type":"text","content":" Operations results including equity investment in Calibre: ","length":58,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:top;","val":[{"type":"text","content":"Gold sold (ounces)","length":18,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 283,490 ","length":7,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"187,793","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 927,797 ","length":7,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"821,168","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"1,062,785","length":9,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:top;","val":[{"type":"text","content":"Gold produced (ounces)","length":22,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 303,029 ","length":7,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"186,001","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 979,604 ","length":7,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"804,778","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"1,061,060","length":9,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"Production costs ($ in thousands)","length":33,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 227,935 ","length":7,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"181,376","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 745,446 ","length":7,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"706,954","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"683,963","length":7,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"Cash operating costs (2) ($/gold ounce sold)","length":43,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 804 ","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"966","length":3,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 800 ","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"861","length":3,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"644","length":3,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"Cash operating costs (2) ($/gold ounce produced)","length":47,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 736 ","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"968","length":3,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 769 ","length":3,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"889","length":3,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"654","length":3,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"Total cash costs (2) ($/gold ounce sold)","length":39,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 1,266 ","length":5,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"1,235","length":5,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 1,174 ","length":5,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"1,041","length":5,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"776","length":3,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"All-in sustaining costs (2) ($/ounce gold sold)","length":46,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 1,754 ","length":5,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"1,668","length":5,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":" 1,584 ","length":5,"tagName":"p","attribs":{}}]},{"style":"padding-right:0;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"1,465","length":5,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"1,201","length":5,"tagName":"p","attribs":{}}]}]},{"val":[{"val":[{"type":"text","content":" ","length":6,"tagName":"p"}]},{"style":"text-align:center;vertical-align:middle;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]}],"length":2215},{"type":"text","content":" (1)   Attributable to the shareholders of the Company. (2)   Non-IFRS measure. For a description of how these measures are calculated and a reconciliation of these measures to the most directly comparable measures specified, defined or determined under IFRS and presented in the Company’s financial statements, refer to “Non-IFRS Measures” . (3)   Cash operating costs per gold ounce sold, cash operating costs per gold ounce produced, total cash costs per gold ounce sold and all-in sustaining costs per gold ounce sold do not include the results of pre-commercial production or sales from the Goose Mine. 2026 Guidance Highlights ","length":658,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":" Consolidated gold production in 2026 is antici pated to be between 820,000 and 970,000 ounces: Consolidated gold production for 2026 is expected to be between 820,000 and 970,000 ounces. The expected decrease in 2026 production relative to 2025 is predominantly due to a step down in production at the Otjikoto Mine following the completion of open pit mining in the Otjikoto Pit and expected lower production at the Fekola Complex (Fekola Mine and Fekola Regional) as stripping of Phase 8 of the Fekola Pit continues, partially offset by the continued ramp up of the Goose Mine. Consolidated production in 2027 is expected to increase back to 2025 levels including expected steady state production for the Goose Mine for the full year. To date in 2026, the operations have been performing well, with all four mines outperforming expectations in January 2026. ","length":858,"tagName":"p"}]},{"val":[{"type":"text","content":" Consolidated cash operating costs guidance in 2026 of between $1,155 and $1,280 per gold ounce produced: Consolidated cash operating cost (see “Non-IFRS Measures” ) guidance for 2026 of between $1,155 and $1,280 per gold ounce. ","length":226,"tagName":"p"}]},{"val":[{"type":"text","content":" Consolidated all-in sustaining cost guidance of between $2,400 and $2,580 per gold ounce sold: Consolidated all-in sustaining cost per gold ounce sold (see “Non-IFRS Measures” ) for 2026 of between $2,400 and $2,580 per ounce, reflecting an investment in deferred stripping at the Fekola Mine and a partial ramp up year at the Goose Mine. Consolidated all-in sustaining cost guidance assumes a realized gold price of $5,000 per ounce for 2026, resulting in total budgeted royalties and production taxes of approximately $485 million or approximately $525 per ounce sold. Each $100 per ounce change in the gold price is expected to impact consolidated all-in sustaining costs per ounce sold by approximately $12 per ounce. ","length":720,"tagName":"p"}]},{"val":[{"type":"text","content":" Continued focus on exploration investment across B2Gold’s prospective land packages: $73 million is budgeted for exploration in 2026 to support organic growth by advancing the Company’s pipeline of development, brownfield and greenfield exploration projects, with a considerable portion allocated to continue the significant exploration campaign at the Back River Gold District. ","length":378,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":2182,"olType":false},{"type":"text","content":" 2026 Production and Cost Guidance ","length":33,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"style":"max-width:46%;width:46%;min-width:46%;vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" 2026 Guidance (100% Basis) (1) ","length":29,"tagName":"p","attribs":{}}]},{"style":"max-width:9%;width:9%;min-width:9%;vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" Fekola Complex (2) ","length":17,"tagName":"p","attribs":{}}]},{"style":"max-width:9%;width:9%;min-width:9%;vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" Masbate ","length":7,"tagName":"p","attribs":{}}]},{"style":"max-width:9%;width:9%;min-width:9%;vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" Otjikoto ","length":8,"tagName":"p","attribs":{}}]},{"style":"max-width:9%;width:9%;min-width:9%;vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" Goose ","length":5,"tagName":"p","attribs":{}}]},{"style":"max-width:9%;width:9%;min-width:9%;vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" Other ","length":5,"tagName":"p","attribs":{}}]},{"style":"max-width:9%;width:9%;min-width:9%;vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" Operations and Projects Total ","length":29,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" Gold Production (koz) ","length":21,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" 410 - 460 ","length":9,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" 170 - 190 ","length":9,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" 70 - 90 ","length":7,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" 170 - 230 ","length":9,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"—","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" 820 - 970 ","length":9,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" Cash Operating Costs ($/oz produced) (3) ","length":39,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" 1,060 - 1,160 ","length":13,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" 900 - 1,000 ","length":11,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" 1,200 - 1,300 ","length":13,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" 1,610 - 1,810 ","length":13,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"—","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" 1,155 - 1,280 ","length":13,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"Royalties and Production Taxes ($/oz sold)","length":42,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"910","length":3,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"240","length":3,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"200","length":3,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"75","length":2,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"—","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" 525 ","length":3,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"Sustaining Capital Expenditures ($M)","length":36,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"122","length":3,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"38","length":2,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"13","length":2,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"103","length":3,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"—","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" 276 ","length":3,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"Deferred Stripping / Underground Development ($M)","length":49,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"156","length":3,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"11","length":2,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"13","length":2,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"85","length":2,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"—","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" 265 ","length":3,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"Sustaining Mine Exploration Expenditures ($M)","length":45,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"3","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"—","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"—","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"24","length":2,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"—","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" 27 ","length":2,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"General & Administrative (incl. Stock Based Compensation) ($M)","length":66,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"14","length":2,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"8","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"3","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"—","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"63","length":2,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" 88 ","length":2,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" All-In Sustaining Costs ($/oz sold) (3) ","length":38,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" 2,670 - 2,820 ","length":13,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" 1,430 - 1,580 ","length":13,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" 1,830 - 1,980 ","length":13,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" 2,670 - 2,970 ","length":13,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"—","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" 2,400 - 2,580 ","length":13,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"Growth / Construction Capital Expenditures ($M)","length":47,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"2","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"12","length":2,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"31","length":2,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"14","length":2,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"61","length":2,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" 120 ","length":3,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"Growth Exploration Expenditures ($M)","length":36,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"1","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"3","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"6","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"—","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"36","length":2,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" 46 ","length":2,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" Total Growth / Non-Sustaining Capital Expenditures ($M) ","length":55,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" 3 ","length":1,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" 15 ","length":2,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" 37 ","length":2,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" 14 ","length":2,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" 97 ","length":2,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":" 166 ","length":3,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]}],"length":839},{"type":"text","content":" (1)   Totals may not add due to rounding. Estimates are based on a $5,000 per oz gold price assumption for 2026. (2)   The Fekola Complex is comprised of the Fekola Mine (Medinandi permit hosting the Fekola and Cardinal open pits and Fekola underground), and Fekola Regional (Anaconda Area, comprised of the consolidated Menankoto permit, and the Dandoko permit. (3)   Non-IFRS measure. For a description of how these measures are calculated and a reconciliation of these measures to the most directly comparable measures specified, defined or determined under IFRS and presented in the Company's financial statements, refer to "Non-IFRS Measures". ","length":690,"tagName":"p"},{"type":"text","content":" Liquidity and Capital Resources ","length":31,"tagName":"p"},{"type":"text","content":"B2Gold continues to maintain a strong financial position and liquidity. At December 31, 2025, the Company had cash and cash equivalents of $380 million (December 31, 2024 - $337 million). Working capital at December 31, 2025, was $68 million (December 31, 2024 - $321 million). Working capital at December 31, 2025, reflects the fair value of the current portion of the Company's derivative portfolio and higher income taxes payable, both driven by higher gold prices, partially offset by higher supplies inventory levels primarily related to ramp up at the Goose Mine. At December 31, 2025, the Company had $150 million drawn on the Company's $800 million RCF with $650 million remaining available for future draw downs. Subsequent to December 31, 2025, the Company repaid $100 million of the outstanding RCF balance leaving $750 million available for future draw downs.","length":879,"tagName":"p"},{"type":"text","content":" First Quarter 2026 Dividend ","length":27,"tagName":"p"},{"type":"text","content":"On February 18, 2026, B2Gold's Board of Directors declared a cash dividend for the first quarter of 2026 (the “Q1 2026 Dividend”) of $0.02 per common share (or an expected $0.08 per share on an annualized basis), payable on March 19, 2026, to shareholders of record as of March 6, 2026.","length":290,"tagName":"p"},{"type":"text","content":"The Company currently has a Dividend Reinvestment Plan (“DRIP”). For the purposes of the Q1 2026 Dividend, the Company has determined that no discount will be applied to calculate the Average Market Price (as defined in the DRIP) of its common shares issued from treasury. Beneficial shareholders who wish to participate in the DRIP should contact their financial advisor, broker, investment dealer, bank, financial institution, or other intermediary through which they hold common shares well in advance of the above date for instructions on how to enroll in the DRIP.","length":569,"tagName":"p"},{"type":"text","content":"This dividend is designated as an “eligible dividend” for the purposes of the Income Tax Act (Canada). Dividends paid by B2Gold to shareholders outside Canada (non-resident investors) will be subject to Canadian non-resident withholding taxes.","length":243,"tagName":"p"},{"type":"text","content":"The declaration and payment of future dividends and the amount of any such dividends will be subject to the determination of the Board, in its sole and absolute discretion, taking into account, among other things, economic conditions, business performance, financial condition, growth plans, expected capital requirements, compliance with B2Gold's constating documents, all applicable laws, including the rules and policies of any applicable stock exchange, as well as any contractual restrictions on such dividends, including any agreements entered into with lenders to the Company, and any other factors that the Board deems appropriate at the relevant time. There can be no assurance that any dividends will be paid at the intended rate or at all in the future.","length":768,"tagName":"p"},{"type":"text","content":"For more information regarding the DRIP and enrollment in the DRIP, please refer to the Company's website at https://www.b2gold.com/investors/stock_info/.","length":158,"tagName":"p"},{"type":"text","content":" This news release does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction nor will there be any sale of these securities in any province, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such province, state or jurisdiction. ","length":380,"tagName":"p"},{"type":"text","content":"The Company has filed a registration statement relating to the DRIP with the U.S. Securities and Exchange Commission that may be obtained under the Company's profile on the U.S. Securities and Exchange Commission's website at http://www.sec.gov/EDGAR or by contacting the Company using the contact information at the end of this news release.","length":350,"tagName":"p"},{"type":"text","content":" Operations ","length":10,"tagName":"p"},{"type":"text","content":" Fekola Complex - Mali ","length":21,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"style":"vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"2","style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" Three months ended ","length":18,"tagName":"p","attribs":{}}]},{"colspan":"2","style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" Year ended ","length":10,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"2","style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" December 31 ","length":11,"tagName":"p","attribs":{}}]},{"colspan":"2","style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" December 31 ","length":11,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"max-width:52%;width:52%;min-width:52%;vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"max-width:12%;width:12%;min-width:12%;border-bottom:solid black 1pt;text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 2025 ","length":4,"tagName":"p","attribs":{}}]},{"style":"max-width:12%;width:12%;min-width:12%;border-bottom:solid black 1pt;text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 2024 ","length":4,"tagName":"p","attribs":{}}]},{"style":"max-width:12%;width:12%;min-width:12%;border-bottom:solid black 1pt;text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 2025 ","length":4,"tagName":"p","attribs":{}}]},{"style":"max-width:12%;width:12%;min-width:12%;border-bottom:solid black 1pt;text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 2024 ","length":4,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"border-top:solid black 1pt;vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"border-top:solid black 1pt;vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"border-top:solid black 1pt;vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"border-top:solid black 1pt;vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:top;","val":[{"type":"text","content":"Gold revenue ($ in thousands)","length":29,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 639,133 ","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"229,779","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 1,743,698 ","length":9,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"951,676","length":7,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:top;","val":[{"type":"text","content":"Gold sold (ounces)","length":18,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 153,407 ","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"86,453","length":6,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 493,759 ","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"404,458","length":7,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:top;","val":[{"type":"text","content":"Average realized gold price ($/ounce)","length":37,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 4,166 ","length":5,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"2,658","length":5,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 3,531 ","length":5,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"2,353","length":5,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:top;","val":[{"type":"text","content":"Tonnes of ore milled","length":20,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 2,402,312 ","length":9,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"2,442,390","length":9,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 9,763,519 ","length":9,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"9,891,717","length":9,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:top;","val":[{"type":"text","content":"Grade (grams/tonne)","length":19,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 2.29 ","length":4,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"1.17","length":4,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 1.84 ","length":4,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"1.34","length":4,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:top;","val":[{"type":"text","content":"Recovery (%)","length":12,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 92.4 ","length":4,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"91.9","length":4,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 91.8 ","length":4,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"92.6","length":4,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:top;","val":[{"type":"text","content":"Gold production (ounces)","length":24,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 163,720 ","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"84,015","length":6,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 530,769 ","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"392,946","length":7,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"Production costs ($ in thousands)","length":33,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 118,511 ","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"107,778","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 408,105 ","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"384,221","length":7,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"Cash operating costs (1) ($/gold ounce sold)","length":43,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 773 ","length":3,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"1,247","length":5,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 827 ","length":3,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"950","length":3,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"Cash operating costs (1) ($/gold ounce produced)","length":47,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 642 ","length":3,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"1,192","length":5,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 772 ","length":3,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"990","length":3,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"Total cash costs (1) ($/gold ounce sold)","length":39,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 1,490 ","length":5,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"1,684","length":5,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 1,389 ","length":5,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"1,198","length":5,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:bottom;","val":[{"type":"text","content":"All-in sustaining costs (1) ($/gold ounce sold)","length":46,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 1,903 ","length":5,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"2,237","length":5,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 1,804 ","length":5,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"1,723","length":5,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:top;","val":[{"type":"text","content":"Capital expenditures ($ in thousands)","length":37,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 50,175 ","length":6,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"59,571","length":6,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 222,670 ","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"257,776","length":7,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:top;","val":[{"type":"text","content":"Exploration ($ in thousands)","length":28,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 609 ","length":3,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"1,292","length":5,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":" 609 ","length":3,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"4,428","length":5,"tagName":"p","attribs":{}}]}]},{"val":[{"val":[{"type":"text","content":" ","length":6,"tagName":"p"}]},{"val":[{"type":"text","content":" ","length":6,"tagName":"p"}]},{"val":[{"type":"text","content":" ","length":6,"tagName":"p"}]},{"val":[{"type":"text","content":" ","length":6,"tagName":"p"}]},{"val":[{"type":"text","content":" ","length":6,"tagName":"p"}]}]}],"length":850},{"type":"text","content":" (1)   Non-IFRS measure. For a description of how these measures are calculated and a reconciliation of these measures to the most directly comparable measures specified, defined or determined under IFRS and presented in the Company’s financial statements, refer to “Non-IFRS Measures”. The Fekola Complex is comprised of the Fekola Mine (Medinandi permit hosting the Fekola and Cardinal open pits and Fekola underground), owned 80% by B2Gold and 20% by the State of Mali, and Fekola Regional (Anaconda Area, comprised of the consolidated Menankoto permit, and the Dandoko permit), which will be owned 65% by B2Gold and 35% by the State of Mali. Fekola Regional is located approximately 20 kilometers (“km”) from the Fekola Mine. Delays in the receipt of the Fekola Regional exploitation permit resulted in no mining activity from Fekola Regional in 2025.","length":864,"tagName":"p"},{"type":"text","content":"The Fekola Mine produced 530,769 ounces of gold for the full year 2025, still within the overall annual guidance range for the Fekola Complex of between 515,000 and 550,000 ounces. For the year ended December 31, 2025, mill feed grade was 1.84 grams per tonne ("g/t"), mill throughput was 9.76 million tonnes, and gold recovery averaged 91.8%. In the fourth quarter of 2025, the Fekola Mine produced 163,720 ounces of gold, higher than expected. For the fourth quarter of 2025, mill feed grade was 2.29 g/t, mill throughput was 2.40 million tonnes, and gold recovery averaged 92.4%. During the third quarter of 2025, the Fekola Complex celebrated the significant milestone of four million ounces of gold produced since inception of the mine. On February 3, 2026, the Fekola Complex also achieved a significant safety milestone, celebrating two years of operating without a lost-time injury incident.","length":909,"tagName":"p"},{"type":"text","content":"For the year ended December 31, 2025, the Fekola Mine's cash operating costs (refer to “ Non-IFRS Measures ”) of $772 per ounce produced ($827 per gold ounce sold), within the Fekola Complex's guidance range of between $740 to $800 per ounce. Cash operating costs per ounce produced for the full year were lower than expected as a result of higher than anticipated gold production, lower operating costs including lower fuel prices for diesel and heavy fuel oil, lower site general costs, and lower underground mining costs due to the timing of receipt of the underground permit approval. Cash operating costs for the fourth quarter of 2025 were $642 per gold ounce produced ($773 per gold ounce sold), lower than expected for the same reasons above.","length":756,"tagName":"p"},{"type":"text","content":"All-in sustaining costs (refer to “ Non-IFRS Measures ”) for the Fekola Mine for the year ended December 31, 2025, were $1,804 per gold ounce sold, higher than the Fekola Complex’s guidance range of between $1,670 and $1,730 per ounce. All-in sustaining costs for the year ended December 31, 2025, were above the guidance range as a result of lower than anticipated gold ounces sold and higher than expected royalties resulting from a higher than expected gold price. The increase in realized gold price compared with budget for the year resulted in additional royalties of $272 per ounce sold. Gold sales were lower than expected due to the timing of shipments. The Fekola Mine shipped approximately 20,500 ounces close to the end of the year that were subsequently sold shortly after December 31, 2025. All-in sustaining costs for the fourth quarter of 2025 were $1,903 per gold ounce sold. As with the full year 2025, all-in sustaining costs per ounce sold for the fourth quarter of 2025 were higher than expected due to the lower than anticipated gold ounces sold and higher than expected royalties resulting from a higher gold price when compared to budget.","length":1160,"tagName":"p"},{"type":"text","content":"Capital expenditures for the year ended December 31, 2025, totalled $223 million, primarily consisting of $84 million for deferred stripping, $57 million for Fekola underground development, $55 million for mobile equipment purchases and rebuilds, $10 million for the construction of a new tailings storage facility ("TSF"), $4 million for power plant rebuilds and $3 million for solar plant expansion. Capital expenditures in the fourth quarter of 2025 totalled $50 million, primarily consisting of $20 million for deferred stripping, $6 million for Fekola underground development, $19 million for mobile equipment purchases and rebuilds, $2 million for power plant rebuilds and $1 million for the construction of a new TSF.","length":734,"tagName":"p"},{"type":"text","content":"During the year ended December 31, 2025, the Company received refunds of approximately $65 million in value-added tax receivables from the Government of Mali by way of offsets against income tax installments.","length":208,"tagName":"p"},{"type":"text","content":"The development of Fekola Regional has the potential to enhance the Fekola Complex production profile and extend the life of the Complex. The Company now expects to receive the Fekola Regional exploitation permit during the first quarter of 2026. Upon receipt of the exploitation permit, mining pre-stripping activities will commence immediately for a period of three months, followed by initial gold production, which is expected to commence in the second half of 2026. Importantly, the haul road from Fekola Regional to the Fekola Mine is operational as construction of the haul roads and mining infrastructure (warehouse, workshop, fuel depot and offices) was completed on schedule in 2023. Fekola Regional gold production is expected to ramp up to an average of approximately 180,000 ounces per year over its first five years of full production from 2027 through 2031, with a mine life expected to extend well into the 2030’s.","length":930,"tagName":"p"},{"type":"text","content":"The Fekola Complex in Mali is expected to produce between 410,000 and 460,000 ounces of gold in 2026 at cash operating costs of between $1,060 and $1,160 per ounce produced and all-in sustaining costs of between $2,670 and $2,820 per ounce sold. Fekola Regional is anticipated to contribute between 60,000 and 80,000 ounces of additional gold production in 2026 through the trucking of open pit ore to the Fekola mill once the exploitation permit has been received. Gold production at the Fekola Complex is expected to be relatively consistent throughout the year as production from Fekola Regional is expected to ramp up in the second half of the year and will offset decreased production from Fekola Phase 7 as the Fekola pit begins to transition to Phase 8. All-in sustaining cost guidance for the Fekola Complex is based on an assumed realized gold price of $5,000 per ounce for 2026, resulting in total budgeted royalties and production taxes of approximately $410 million or approximately $910 per ounce sold. Each $100 per ounce change in the gold price is expected to impact the Fekola Complex's all-in sustaining costs by approximately $23 per ounce.","length":1163,"tagName":"p"},{"type":"text","content":"The Fekola Complex is projected to process 9.57 million tonnes of ore during 2026 at an average grade of 1.57 g/t gold with a process gold recovery of 92.4%.","length":157,"tagName":"p"},{"type":"text","content":"Capital expenditures in 2026 for the Fekola Complex are expected to total approximately $280 million. Approximately $278 million is expected to be classified as sustaining capital expenditures and $2 million is expected to be classified as non-sustaining. Sustaining capital expenditures are expected to include approximately: $137 million for deferred stripping, $41 million for mobile equipment rebuilds, $33 million for mining equipment, $19 million for underground development, $17 million for TSF construction, $5 million for power plant rebuilds, $11 million for other mining costs, and $12 million for general site expenses. Non-sustaining capital expenditures are expected to include $2 million for relocation projects at Fekola Regional.","length":746,"tagName":"p"},{"type":"text","content":" Masbate Mine – The Philippines ","length":30,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"style":"vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"2","style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" Three months ended ","length":18,"tagName":"p","attribs":{}}]},{"colspan":"2","style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" Year ended ","length":10,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"2","style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" December 31 ","length":11,"tagName":"p","attribs":{}}]},{"colspan":"2","style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" December 31 ","length":11,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 2025 ","length":4,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 2024 ","length":4,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 2025 ","length":4,"tagName":"p","attribs":{}}]},{"style":"border-bottom:solid black 1pt;text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 2024 ","length":4,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"border-top:solid black 1pt;vertical-align:middle;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"border-top:solid black 1pt;vertical-align:middle;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"border-top:solid black 1pt;vertical-align:middle;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"style":"border-top:solid black 1pt;vertical-align:middle;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"Gold revenue ($ in thousands)","length":29,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 198,919 ","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"135,976","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 687,251 ","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"464,141","length":7,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"Gold sold (ounces)","length":18,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 47,420 ","length":6,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"51,010","length":6,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 195,813 ","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"193,270","length":7,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"Average realized gold price ($/ounce)","length":37,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 4,195 ","length":5,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"2,666","length":5,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 3,510 ","length":5,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"2,402","length":5,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"Tonnes of ore milled","length":20,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 2,190,866 ","length":9,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"2,190,610","length":9,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 8,830,995 ","length":9,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"8,600,241","length":9,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"Grade (grams/tonne)","length":19,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 0.91 ","length":4,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"0.95","length":4,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 0.89 ","length":4,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"0.96","length":4,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"Recovery (%)","length":12,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 78.0 ","length":4,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"74.1","length":4,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 78.0 ","length":4,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"72.8","length":4,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"Gold production (ounces)","length":24,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 49,900 ","length":6,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"49,534","length":6,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 196,526 ","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"194,046","length":7,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"Production costs ($ in thousands)","length":33,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 40,368 ","length":6,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"38,392","length":6,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 162,484 ","length":7,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"161,462","length":7,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"Cash operating costs (1) ($/gold ounce sold)","length":43,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 851 ","length":3,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"753","length":3,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 830 ","length":3,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"835","length":3,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"Cash operating costs (1) ($/gold ounce produced)","length":47,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 813 ","length":3,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"835","length":3,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 813 ","length":3,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"838","length":3,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"vertical-align:middle;text-align:left;padding-left:10.0px;vertical-align:middle;","val":[{"type":"text","content":"Total cash costs (1) ($/gold ounce sold)","length":39,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":" 1,078 ","length":5,"tagName":"p","attribs":{}}]},{"style":"text-align:center;vertical-align:middle;vertical-align:middle;","val":[{"type":"text","content":"89...

View stock analysis, news, and events for B2gold Corp.

gold productiongold ouncethe Companyfourth quarterCommercial production

More from B2gold Corp.

All B2gold Corp. news →