Earnings release
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Vancouver , BC , August 4 , 2021 – B2Gold Corp. ( TSX : BTO , NYSE AMERICAN : BTG , NSX : B2G ) ( " B2Gold " or the “ Company ” ) is pleased to announce its operational and financial results for the second quarter and first half of 2021. The Company previously released its gold production and gold revenue results for the second quarter and first half of 2021. All dollar figures are in United States dollars unless otherwise indicated . ● B2GOLD 2021 Second Quarter Highlights Total gold production of 211,612 ounces ( including 14,232 ounces of attributable production from Calibre Mining Corp. ( " Calibre " ) , well above budget by 5 % ( 10,269 ounces ) , and consolidated gold production of 197,380 ounces from the Company's three operating mines , well above budget by 5 % ( 9,787 ounces ) ● News Release B2Gold Reports Strong Q2 2021 Results with Continued Strong Total Gold Production of 211,612 oz , 5 % Above Budget ; On Track to Meet or Exceed the Upper End of its Annual Production Guidance Range of 970,000 to 1,030,000 oz ● Consolidated gold revenue of $ 363 million on sales of 200,071 ounces at an average price of $ 1,814 per ounce Fekola's mill throughput ` was a quarterly record of 2.29 million tonnes , 16 % above budget and 47 % higher than the second quarter of 2020 , following the successful completion of the Fekola mill expansion in September 2020 Total cash operating costs ( see " Non - IFRS Measures " ) ( including estimated attributable results for Calibre ) of $ 664 per ounce produced and consolidated cash operating costs from the Company's three operating mines of $ 649 per ounce produced , both approximately in - line with budget Total all - in sustaining costs ( “ AISC " ) ( see " Non - IFRS Measures " ) ( including estimated attributable results for Calibre ) of $ 1,016 per ounce sold and consolidated AISC from the Company's three operating mines of $ 1,011 per ounce sold , both below budget by 3 % Net income attributable to the shareholders of the Company of $ 68 million ( $ 0.07 per share ) ; adjusted net income ( see " Non - IFRS Measures " ) attributable to the shareholders of the Company of $ 52 million ( $ 0.05 per share ) B2Gold maintains a strong financial position and liquidity with cash and cash equivalents of $ 382 million as at June 30 , 2021 , and its $ 600 million Revolving Credit Facility remains fully undrawn and available 1