Geomechanics.io

  • Free Tools
Sign UpLog In
Built byBoxcut Studio

Geomechanics.io

Geomechanics, Streamlined.

© 2026 Geomechanics.io. All rights reserved.

Geomechanics.io

CMRR-ioGEODB-ioHYDROGEO-ioQCDB-ioFree Tools & CalculatorsBlogLatest Industry News

Industries

MiningConstructionTunnelling

Company

Terms of UsePrivacy PolicyLinkedIn
    Projects
    Safety

    B2Gold Mali permit and guidance cut: production and cost lens for mine planners

    August 8, 2026|

    Reviewed by Joe Ashwell

    B2Gold Mali permit and guidance cut: production and cost lens for mine planners

    First reported on MINING.com

    30 Second Briefing

    B2Gold has secured the Menankoto exploitation permit for its Fekola Regional project in Mali, enabling pre-stripping and integration of regional ore with the existing Fekola complex, which is now expected to produce more than 150,000 oz. per year from 2028 into the mid‑2030s under a 65:35 ownership split with the state. The permit delay forced a cut to 2026 group guidance to 820,000–920,000 oz., while a fire‑damaged crushing circuit at the Goose mine has pushed all‑in sustaining costs there to $6,390/oz as B2Gold relies on mobile crushers ahead of restoring 4,000 t/d capacity. Despite lower guidance, group Q2 output of 203,648 oz. and AISC of $2,356/oz beat several bank forecasts, and the end of 264,768 oz. of gold prepayment deliveries should materially lift free cash flow from H2 2026.

    Technical Brief

    • Goose mine’s fire-damaged crushing circuit forced reliance on temporary mobile crushers for primary comminution.
    • All-in sustaining costs at Goose spiked to $6,390/oz in Q2, up from $2,806/oz.
    • Post-fire recovery plan targets 3,200 t/d (80% of 4,000 t/d design capacity) by end-September.
    • Full restoration of the permanent 4,000 t/d crushing circuit is scheduled for the first half of next year.
    • Q2 Goose output collapsed to 12,890 oz, about 70% lower than the previous quarter’s production.
    • Across the group, Q2 AISC averaged $2,356/oz sold, materially below several bank cost forecasts despite Goose.

    Our Take

    The 65/35 ownership split for Fekola Regional under Mali’s 2023 code versus 80/20 at the existing Fekola mine signals a structural shift in state take that operators in Mali will need to model into long‑life gold assets, particularly those targeting production ‘from 2028 through the mid‑2030s’.

    Across our coverage, B2Gold’s Goose mine in Nunavut has featured repeatedly for operational setbacks and recovery efforts, so the 70% quarter-on-quarter production drop at Goose in this piece underlines how important stable output from Mali’s Fekola complex will be for group-level cash flow and debt management.

    Geotechnical Software for Modern Teams

    Centralise site data, logs, and lab results with GEODB-io, CMRR-io, and HYDROGEO-io.

    No credit card required.

    • Save and export unlimited calculations
    • Advanced data visualisation
    • Generate professional PDF reports
    • Cloud storage for all your projects

    Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.

    Related Articles

    McEwen’s $55M Ontario asset sale: production growth lens for mine planners
    Mining
    about 21 hours ago

    McEwen’s $55M Ontario asset sale: production growth lens for mine planners

    McEwen has agreed to sell its Fuller and Paymaster gold properties in Ontario’s Timmins district to Discovery Mining for $55 million in cash and stock, freeing capital to push a production target of 250,000–300,000 gold-equivalent ounces per year by 2030. The deal covers 210 hectares at Fuller, a 60% stake in the 179-hectare Paymaster property, and associated surface rights, consolidating Paymaster under Discovery’s Dome Mine subsidiary. Proceeds will be reinvested into the Fox Complex (Froome, Stock, Grey Fox), Nevada’s Gold Bar Complex, and Mexico’s El Gallo build, with Stock Mine slated for first ore in Q4 2026 and commercial output in Q1 2027.

    Lithium Triangle extraction hurdles: hydrogeological insights for project teams
    Mining
    about 21 hours ago

    Lithium Triangle extraction hurdles: hydrogeological insights for project teams

    South America’s Lithium Triangle holds about 64 million tonnes of identified lithium resources (43% of the global 150 million tonnes), yet geologist José Cabello’s review of 43 salt flats across Argentina, Bolivia and Chile shows that variable brine chemistry, impurities and groundwater behaviour make recovery and costs highly site-specific. Salar de Atacama benefits from ultra‑dry climate, relatively clean brines and strong logistics, while other basins such as Altoandinos, Pedernales, Hombre Muerto Oeste, Rincón, Sal de los Ángeles and Sal de Vida face tighter water and hydrogeological constraints. Direct lithium extraction (DLE) could unlock lower‑grade or impurity‑rich brines, but Cabello stresses that trade‑offs between brine withdrawal and freshwater consumption mean technology selection must be tailored to each basin’s hydrology and ecosystem.

    KGHM’s $2.4bn copper projects fast-tracked: CRMA implications for mine planners
    Mining
    about 21 hours ago

    KGHM’s $2.4bn copper projects fast-tracked: CRMA implications for mine planners

    EU regulators have granted strategic status under the Critical Raw Materials Act to KGHM’s 9.5‑billion‑zloty ($2.44bn) Retków‑Grodziszcze mine and Legnica smelter conversion, unlocking faster permitting, streamlined administration and access to preferential financing. Retków‑Grodziszcze is planned to deliver over 100 million tonnes of ore by 2055, yielding about 1.5 million tonnes of copper and 5,000 tonnes of silver, while Legnica’s recycling line targets 135,000 tonnes of electrolytic copper and 250 tonnes of nickel per year. The move materially boosts EU copper and nickel recycling capacity, central to the CRMA’s 25% recycling target.

    Related Industries & Products

    Mining

    Geotechnical software solutions for mining operations including CMRR analysis, hydrogeological testing, and data management.

    CMRR-io

    Streamline coal mine roof stability assessments with our cloud-based CMRR software featuring automated calculations, multi-scenario analysis, and collaborative workflows.

    HYDROGEO-io

    Comprehensive hydrogeological testing platform for managing, analysing, and reporting on packer tests, lugeon values, and hydraulic conductivity assessments.

    GEODB-io

    Centralised geotechnical data management solution for storing, accessing, and analysing all your site investigation and material testing data.

    AllGeotechnicalInfrastructureHazardsEnvironmental