Back to top

Image: Bigstock

B2Gold Reaches Milestone With Commercial Production at Goose Mine

Read MoreHide Full Article

Key Takeaways

  • B2Gold declared commercial production at the Goose Mine within three months of mill startup.
  • Goose Mine achieved 66% of its 4,000-ton-per-day design capacity with steady throughput growth.
  • BTG expects 2025 output of 970,000-1,075,000 ounces, with the Goose Mine nearing full capacity in Q4.

B2Gold Corp (BTG - Free Report) announced that its Goose Mine  achieved commercial production on Thursday. This milestone was reached within three months after the mill started operating.

The Goose mine in Nunavut, Canada, achieved an average throughput of 2,652 tons per day from Sept. 3, 2025, through Oct. 2, 2025. This marks 66% of design capacity. The mine has maintained 30 consecutive days of average mill throughput at more than 65% of its 4,000 tons per day capacity.

B2Gold observed a significant increase in crushed ore availability in the second half of September since integrating the primary crushing plant with a supplemental mobile crusher. The company expects the Goose mill to operate at near design capacity of 4,000 tons per day in the fourth quarter of 2025.

B2Gold’s Guidance

The company continues to expect 250,000 ounces of gold production in 2026 and 330,000 ounces in 2027 for the Goose mine. B2Gold expects gold production from the Goose Project to be 300,000 ounces per year for the first six years of operation.

In mid-September, the company BTG trimmed its 2025 gold production outlook for the Goose Mine to 80,000-110,000 ounces from the prior stated 120,000-150,000 ounces. This is mainly due to the crushing plant capacity shortfall faced in the third quarter of 2025. Fourth-quarter gold production from Goose Mine is expected to be 70,000 ounces.

B2Gold’s total annual gold production for 2025 is expected between 970,000 and 1,075,000 ounces.

BTG Stock’s Price Performance

The company’s shares have jumped 77.6% in the past year compared with the industry’s surge of 93.6%.

 

Zacks Investment Research Image Source: Zacks Investment Research

 

B2Gold’s Zacks Rank & Stocks to Consider

BTG currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks from the basic materials space are DRDGOLD Limited (DRD - Free Report) , Agnico Eagle Mines (AEM - Free Report) and The Mosaic Company (MOS - Free Report) . DRD and AEM sport a Zacks Rank #1 (Strong Buy) at present and MOS has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. 

The consensus estimate for DRDGOLD’s 2025 earnings is pegged at $1.62 per share. The estimate indicates year-over-year growth of 13.3%. DRDGOLD’s shares have skyrocketed 175% in a year.

The consensus estimate for Agnico Eagle Mines’ 2025 earnings is pegged at $6.94 per share. The estimate indicates year-over-year growth of 64.1%. It has an average trailing four-quarter earnings surprise of 10%. Agnico Eagle Mines’ shares have surged 121% in a year.

The Zacks Consensus Estimate for The Mosaic Company’s 2025 earnings is pegged at $3.17 per share, indicating a year-over-year rally of 60.1%. The Mosaic Company’s shares jumped 31.5% last year. 

Published in