B2Gold Corp. has poured its first gold at the Goose Mine in Nunavut, officially launching its first Canadian mining operation. The milestone adds a fourth producing mine to the company’s portfolio and is expected to deliver up to 150,000 ounces of gold this year.
The first ore was processed on June 24, and the mill has since been operating steadily at about half of its full capacity, as planned for the early stages. Over the next few months, the company will work on increasing production to reach full capacity and expects to hit commercial production in the third quarter of 2025.
Clive Johnson, President and CEO of B2Gold, described the gold pour as a significant milestone for the company’s staff and partners who worked tirelessly to make it happen. “The commencement of gold production at the Goose Mine marks an exciting step in B2Gold’s history, further diversifying and adding to the quality of the Company’s existing global operating portfolio. We look forward to many years of safe and successful production at the Goose Mine, as well as further unlocking the value of the entire Back River Gold District,” said Johnson.
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The company also noted that it is working closely with the Kitikmeot Inuit Association (KIA), a long-time partner in the project’s development. B2Gold stressed that its operations will continue to respect Inuit values and priorities while contributing to economic growth in the region.
Gold production at Goose Mine is expected to average around 300,000 ounces per year from 2026 to 2031, based on current reserves. The company has set aside $32 million for exploration across the Back River Gold District in 2025, part of its wider $61 million exploration budget.
Early exploration has already shown progress, with several Inferred Mineral Resources upgraded to Indicated, and B2Gold believes there is much more to uncover in the area. With production now underway, B2Gold is entering a new phase as it builds on its presence in northern Canada.
