B2Gold Corp. has reduced its second-quarter gold production forecast following a fire that damaged part of the crushing circuit at its Goose Mine in Nunavut.
The company said it now expects to produce between 18,000 and 20,000 ounces of gold during the quarter, down from an earlier estimate of დაახლოებით 29,000 ounces. The incident, which occurred on April 16, affected the mine’s ability to process ore efficiently.
Despite the setback, B2Gold emphasized that the impact is expected to be temporary and limited to the second quarter. The company reaffirmed its full-year production guidance for the Goose Mine, projecting total output between 170,000 and 230,000 ounces in 2026.
According to the company, the fire damage was confined to the crushing circuit area. To maintain operations, B2Gold plans to deploy mobile crushers on-site, allowing ore to be processed and transferred directly to stockpiles while additional temporary crushing equipment is brought in.
Repairs to the damaged infrastructure are expected to be completed in the third quarter, restoring full operational capacity.
The Goose Mine is a key component of B2Gold’s production portfolio, and the company is working to minimize disruptions while ensuring safety and operational continuity.
