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Vancouver , BC , November 2 , 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 third quarter and first nine months of 2021. The Company previously released its gold production and gold revenue results for the third quarter and first nine months of 2021. All dollar figures are in United States dollars unless otherwise indicated . ● B2GOLD 2021 Third Quarter Highlights Total gold production of 310,261 ounces ( including 14,538 ounces of attributable production from Calibre Mining Corp. ( " Calibre " ) ) , above budget by 7 % ( 20,871 ounces ) , and consolidated gold production of 295,723 ounces from the Company's three operating mines , above budget by 7 % ( 20,083 ounces ) ● News Release B2Gold Corp. Reports Strong Q3 2021 Results ; Higher than Budgeted Gold Production and Operating Cashflows ( of $ 320 M ) ; Increases Annual Production Guidance Range to 1,015,000 to 1,055,000 oz and Maintains Cost Guidance ● Consolidated gold revenue of $ 511 million on sales of 286,650 ounces at an average realized gold price of $ 1,782 per ounce Record quarterly gold production achieved by both the Fekola Mine of 165,557 ounces and Otjikoto Mine of 68,959 ounces In September 2021 , the Fekola Mine produced its 2 millionth ounce of gold , 4 years from the commencement of production Increased Fekola's and Masbate's production guidance ; for full - year 2021 , the Fekola Mine is now forecast to produce between 560,000 to 570,000 ounces of gold ( original guidance was between 530,000 to 560,000 ounces ) and the Masbate Mine between 215,000 to 225,000 ounces of gold ( original guidance was between 200,000 to 210,000 ounces ) Consolidated cash flow provided by operating activities from the Company's three operating mines of $ 320 million Total cash operating costs ( see " Non - IFRS Measures " ) ( including estimated attributable results for Calibre ) of $ 445 per ounce produced and consolidated cash operating costs from the Company's three operating mines of $ 418 per ounce produced , both approximately in - line with budget