Monday, September 28, 2026ᐃᖃᓗᓐᓃᑦᑐᑦ. ᓄᓇᕗᒻᒥ ᑕᑯᓐᓇᓂᖅᓴᐅᔪᑦ.
ᓴᖅᑭᖅᑕᐅᓯᒪᔪᑦ ᓄᓇᕗᒻᒥᐅᑕᕐᓄᑦ
ᐃᖃᓗᐃᑦ2.2°CLight RainWind SE 24 km/hFull forecast & boaters report →
Inuktitut navigation is available.

Stories are shown in English while Inuktitut story translation is paused.

B2Gold cuts Goose Mine’s 2026 production ceiling after crusher fire

ᓇᐃᓈᕐᓗᒍ

B2Gold has reduced its 2026 Goose Mine production guidance to 170,000–200,000 ounces, from 170,000–230,000 ounces, after an April fire reduced second-quarter mill throughput. The company reported 12,890 ounces produced in Q2 and says repairs and the first crusher-upgrade phase are expected to finish in Q3. ᓇᑭᓐᖔᖅᓯᒪᓂᖏᑦ

Share this briefingFacebookEmail

ᖃᓄᐃᓐᓂᖅᑲᑦ

In its Aug. 6 second-quarter results, B2Gold reported 12,890 ounces of gold production at the Kitikmeot mine for April through June, compared with 42,876 ounces in the first quarter. It attributed the lower Q2 production to reduced mill throughput following the April 16 fire in the crushing circuit, partly offset by higher mill feed grade. The company reported 72,334 tonnes milled, a 5.87-gram-per-tonne feed grade and 93.9% recovery in Q2. ᓇᑭᓐᖔᖅᓯᒪᓂᖏᑦ

ᓱᒻᒪᑦ ᐱᒻᒪᕆᐅᒻᒪᖔᖅ

The revised forecast lowers the top end of Goose’s 2026 expected output by 30,000 ounces. B2Gold says it is using mobile crushers while repairs proceed, and that its Q2 all-in sustaining cost was US$6,390 per ounce sold, which it attributes to lower sales volumes and higher sustaining capital spending. These are company-reported non-IFRS measures, not an independent operational audit. ᓇᑭᓐᖔᖅᓯᒪᓂᖏᑦ

ᖃᓅᓂᐊᓕᖅᑲᓕ

B2Gold expects fire-related repairs to cost about US$13 million and be completed in Q3 2026. It says the first upgrade phase, budgeted at about US$11 million, is intended to bring crushing capacity to about 3,200 tonnes per day by the end of Q3. A second, US$25-million phase is scheduled for completion by the end of the first half of 2027, with an expected average capacity of 4,000 tonnes per day. Those dates, costs and capacities are company estimates, not completed work. ᓇᑭᓐᖔᖅᓯᒪᓂᖏᑦ

ᐱᒻᒪᕆᐅᔪᑦ ᖃᐅᔨᒪᔭᐅᒋᐊᓖᑦ

B2Gold says it purchased and transported an additional mobile crusher to site at an expected final cost of US$16 million, and expected it to begin operating in early August. The company reported first-half Goose production of 55,766 ounces and US$138.3 million in capital expenditures through June 30. The Goose Mine page says the mine is in the Back River Gold District in the West Kitikmeot and that the annual winter ice road links the Bathurst Inlet marine laydown area to site. ᓇᑭᓐᖔᖅᓯᒪᓂᖏᑦ

Report an ErrorReviewed and approved for publication.
Verified community discussion

Comments

0 approved comments. Every comment is reviewed before appearing.

Real Facebook names
Start a useful, accountable discussion.

Comments appear here after identity verification and News Desk review.