B2Gold Corp’s (BTG) Goose Mine On Course for Commercial Gold Production

B2Gold Corp (NYSE:BTG) is one of the best performing penny stocks to buy now. On September 15, the company announced that its Goose Mine project in Canada achieved its first gold pour on June 30, 2025. Likewise, the mine remains on track for commercial production with estimates of strong gold production in the fourth quarter.

B2Gold Corp’s (BTG) Goose Mine On Course for Commercial Gold Production

Photo by Gold-bar-jingming-pan on Unsplash

Strong gold production in the fourth quarter will come against the backdrop of consistent performance and daily throughput that has been increasing consistently. The daily throughput at the mines stands at 75% of the 4,000 tons per day.

Additionally, B2Gold continues to achieve strong operational performance at the Fekola Complex in Mali. As of September, gold production at the mine remains ahead of budgeted levels, with the State of Mali granting permission to proceed with underground operations. B2Gold is optimistic of receiving the Fekola Regional exploitation permit by the end of the third quarter.

B2Gold Corp (NYSE:BTG) is a gold mining company that explores, develops, and operates gold mines and projects in various countries, including Mali, Namibia, the Philippines, Canada, Colombia, and Finland. It operates mines such as the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia, while also developing new projects like the Goose Project in Canada.

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