B2Gold posted its highest-ever quarterly revenue in Q4 2025, attributing the increase to stronger gold production at its Fekola and Masbate operations. Improved margin performance was driven by lower unit costs and higher realized gold prices.

The company highlighted plans to advance its Kiaka project in Burkina Faso, accelerating feasibility studies targeting a final investment decision in 2026. Parallel exploration efforts near Masbate aim to extend mine life and boost medium-term output.

Management detailed cost optimization initiatives designed to reduce all-in sustaining costs by 5% over the next year. A stepped-up drilling program will test new targets around core assets to underpin future growth.