B2Gold Q1 Produces 210,000 Ounces and Reports $360M Revenue, Fekola Expansion

BTGBTG

B2Gold generated $360 million in Q1 2026 revenue on 210,000 ounces of gold production and increased net income by 27% to $95 million. The board approved a C$160 million expansion at Fekola and reduced all-in sustaining costs by 8% to $1,025 per ounce.

1. Q1 Financial Performance

B2Gold generated $360 million in Q1 2026 revenue on 210,000 ounces of gold production and increased net income by 27% to $95 million, driven by stronger realized gold prices and improved mine sequencing.

2. Strategic Expansion and Cost Reduction

The board approved a C$160 million expansion at Fekola targeting an additional 50,000 ounces of annual output, while all-in sustaining costs declined 8% to $1,025 per ounce, boosting operating cash flow for reinvestment.

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