B2Gold (BTG) Declares Commercial Production at Goose Mine

B2Gold Corp. (NYSE:BTG) is one of the top stocks to buy as gold rallies. On October 6, the company declared commercial production at the Goose Mine. This mine is part of the Back River Gold District, located in Nunavut, Canada. Commercial production was officially achieved on October 2, 2025, just over three months after the first gold pour was made. The company came to this conclusion after maintaining an average mill throughput exceeding 65% of its designed capacity (4,000 tons per day) for 30 consecutive days. Between September 3 and October 2, the mill achieved an average throughput of 2,652 tons per day (66% of design capacity).

Performance improved significantly from September 19 onwards, with mill throughput averaging 3,249 tons per day (81.2% of design capacity). This was after integrating a supplemental mobile crusher. Now, the company expects the mill to operate near full capacity later this year.

Gold recovery rates during the period have averaged over 90%, with expectations to maintain or improve this figure through the remainder of the year. Initial mill feed primarily came from the Echo open pit; for Q4 2025, feed will mostly come from the higher-grade Umwelt deposit (expected gold grades: 6.5–7.0 grams/ton).

B2Gold Corp. (NYSE:BTG) is a Canadian mining company. It acquires, explores, develops, and operates gold properties, primarily through its Fekola mine in Mali, the Otjikoto mine in Namibia, and the Goose project in Nunavut, Canada. Its main product is gold bullion, extracted from open-pit mining operations.

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Disclosure: None. This article is originally published at Insider Monkey.