B2Gold beats Q3 production forecast

The TSX-listed stock of gold producer B2Gold rallied more than 3% on Friday morning following the company reporting better-than-expected gold output for the three months ended September 30. The Toronto-headquartered company reported consolidated gold output of 135 628 oz, including 6 340 oz of pre-commercial production from the newly constructed Fekola mine, in Mali, which was mainly attributable to the increase in its gold in-circuit inventory in September, exceeding the company’s original budget by 2%, or 2 254 oz, and the increased guidance by 15%, or 17 372 oz.