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B2Gold Corp. (TSX:BTO, NYSE:BTG, NSX: B2G))) ("B2Gold" or the "Company") is pleased to announce the receipt of approval from the State of Mali to begin underground operations, including stope ore production, at the Fekola Mine in Mali ("Underground Mining Approval"), a key production growth driver for the Fekola Complex.
The Fekola Complex is comprised of the Fekola Mine (Medinandi permit hosting the Fekola and Cardinal open pits and Fekola underground), owned 80% by B2Gold and 20% by the State of Mali, and Fekola Regional (Anaconda Area (formerly the three separate Bantako, Menankoto and Bakolobi permits, now consolidated into one permit called Menankoto) and the Dandoko permit), which will be owned 65% by B2Gold and 35% by the State of Mali. Fekola Regional is located approximately 20 kilometers from the Fekola Mine.
B2Gold reiterates its 2025 gold production guidance for the Fekola Complex of 515,000 to 550,000 ounces.
