B2Gold’s Johnson: Goose and Fekola mine plans – key takeaways for engineers
Reviewed by Tom Sullivan

First reported on MINING.com
30 Second Briefing
B2Gold is closing 2025 with commercial production at the Goose mine in Nunavut, targeting 4,000 tonnes per day and about 300,000 oz. gold annually, while maintaining Fekola output in Mali at 515,000–550,000 oz. under a split open-pit/underground plan. CEO Clive Johnson is leveraging his Bema Gold experience in remote Russia to manage Goose’s long, seasonal ice-road supply chain and complex permitting under Mali’s 2023 mining code for trucking satellite ore to the Fekola mill. Additional growth options include the Antelope underground discovery at Otjikoto in Namibia (1.75 Mt at 6.91 g/t for ~390,000 oz.) and a 9.9% strategic stake in Snowline Gold’s Valley project in the Yukon.
Technical Brief
- Johnson reports ramp-up challenges centred on achieving planned mining rates, accessing modelled grades and tuning the new mill.
Our Take
Within our 452 Mining stories, B2Gold appears frequently as one of the few mid-tier gold producers with multi-continent exposure (Mali, Namibia, Philippines, Canada), which tends to give it more optionality in reallocating capital when a single jurisdiction tightens its mining code.
The 6.91 g/t inferred grade at Antelope’s Springbok zone in Mali is high relative to many open-pit gold projects in our database, suggesting that even under a less favourable 2023 code regime, selective development of such zones could still clear economic hurdles at current gold prices.
Masbate’s 0.88 g/t feed grade combined with 2.17 Mt quarterly throughput in the Philippines fits a pattern in our gold coverage where operators are leaning on large, lower-grade mills to maintain ounce profiles while higher-grade satellite deposits (like Antelope) are advanced to protect margins.
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.
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