B2Gold Receives Approval for Underground Mining at Fekola Mine

SEC Filing 6-K (0001171843-25-004882)

B2Gold Corp. has received approval from the State of Mali to commence underground operations, including stope ore production, at the Fekola Mine. This approval is a significant milestone for the Fekola Complex, which includes the Fekola Mine and Fekola Regional. The Fekola Mine is expected to contribute between 25,000 to 35,000 ounces of gold production in 2025, with a significant increase anticipated in 2026 and subsequent years. Fekola Regional is projected to add approximately 180,000 ounces of annual gold production from 2026 through 2029, extending the mine life into the 2030s. The company and the State of Mali are committed to finalizing the Fekola Regional exploitation permit by the end of the third quarter of 2025. B2Gold reiterates its 2025 gold production guidance for the Fekola Complex at 515,000 to 550,000 ounces.