- Senior gold producer B2Gold today reported total gold production of 266,856 ounces in Q1 2023, up 27% from Q1 2022 and exceeding expectations to start 2023.
B2Gold noted that its total consolidated cash operating costs of $600 per gold produced in Q1 2023 were well below the annual guidance range of between $670 and $730 per ounce. Total consolidated all-in sustaining costs of $1,060 per gold ounce sold in Q1 2023 were also well below the annual guidance range of between $1,195 and $1,255 per ounce.
Cash flow provided by operating activities before working capital adjustments was $223 million in the first quarter of 2023. At March 31, 2023, the company had cash and cash equivalents of $674 million and working capital of $804 million.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: