0001171843-26-002557
SEC filingB2Gold provides update on Goose Mine fire incident, confirming localized damage to crushing circuit, reduced Q2 2026 gold production guidance to 18,000-20,000 ounces, C$10 million repair costs, and unchanged full-year guidance.
B2Gold's Goose Mine experienced a fire on April 16, 2026, confined to the crushing circuit with no injuries or broader facility damage, allowing continuity via on-site mobile crushers feeding directly to the fine ore stockpile. This operational disruption reduces Q2 2026 gold output to 18,000-20,000 ounces from the prior 29,000-ounce forecast, reflecting lower throughput until repairs complete in Q3 2026 alongside a planned run-of-mine bin addition. Repair costs are preliminarily estimated at C$10 million, with crushing capacity expected to reach 3,200 tonnes per day by end-Q3. Notably, Q1 2026 production of 42,876 ounces beat internal targets, and full-year guidance of 170,000-230,000 ounces remains intact as impacts are isolated to Q2, with second-half crushed ore availability unaffected. Additional temporary crushing capacity arrives in Q2 to mitigate downtime, underscoring B2Gold's operational resilience at this key asset.