Canadian mining company B2Gold has set its 2025 gold production guidance at 970,000 to 1,075,000 ounces, with the bulk of output driven by its African operations. With key projects in Mali and Namibia, the company is advancing operations under efforts to unlock greater value from Africa’s gold market.
B2Gold is expected to highlight these projects at the upcoming African Mining Week (AMW) conference – Africa’s premier gathering for mining stakeholders, taking place from October 1–3, 2025 in Cape Town. John Roos, Country Manager of B2Gold Namibia, will join the Africa’s Gold Economy: Value, Processing and Global Market Positioning panel, where he is expected to provide an update on the company’s production plans. The event will also spotlight Africa’s broader gold opportunities, connecting investors with key projects.
B2Gold has set bold production targets for its Namibian and Mali projects. In Namibia, the Otjikoto Mine is forecast to produce 185,000 to 205,000 ounces. B2Gold has approved the development of the Antelope underground deposit at Otjikoto Mine, which will extend the mine’s life and increase output. The company plans to invest at least $105 million in 2026–2027, targeting an additional 110,000 ounces annually.
In Mali, the Fekola Complex is expected to deliver 515,000 to 550,000 ounces. The company aims to secure an exploration permit for the Fekola Regional deposits by the end of Q3, 2025, with first production anticipated in early 2026. The project is expected to add approximately 180,000 ounces per year over its initial five years. B2Gold has already advanced the Fekola Mine with an underground facility, licensed by the Malian government in July 2025, where mining operations are underway.
At AMW 2025, Roos will share the stage with key African gold market stakeholders – including representatives from the Chamber of Mines of Mali, South Africa’s Rand Refinery, Araina Resources, Ghana’s Typhoon, Goldfields and many more. The panel will not only provide insight into ongoing projects but address key challenges and opportunities across the continent’s gold market.
Africa Fact: Africa is the world’s second-largest and second-most populous continent after Asia. At about 30.3 million km² including adjacent islands, it covers 20% of Earth’s land area and 6% of its total surface area. With nearly 1.4 billion people as of 2021, it accounts for about 18% of the world’s human population. Wikipedia.
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Fun South African Fact: The Karoo region in the Western Cape is home to some of the best fossils of early dinosaurs. In fact, it is estimated that some 80% of the mammalian fossils found to date were found in the Karoo.
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Yebo – yes [yeh-boh] Often expressed as a double positive by combining it with the English “yes” in “Yebo, Yes!” or as an extremely expressive “Yeeebo!” This Zulu word is used regularly in South Africa to show agreement or approval with something or someone.