Northwire Canada EditionMonday, July 13, 2026
Northwire
GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Production / Operations

B2Gold estimates Goose fire damage repair to cost $10M

BTO · Price

Executive Summary

  • B2Gold Corp. provided an operational update following a localized fire at the Goose Mine's crushing circuit on April 16, 2026, confirming no injuries and no damage to the mill or power facility.
  • The company has implemented a revised Q2 2026 processing plan utilizing mobile crushers, which reduces the quarter's gold production forecast to 18,000–20,000 ounces.
  • Repair costs are estimated at ~$10 million with completion targeted for Q3 2026, coinciding with planned infrastructure upgrades; full-year production guidance remains unchanged.

Key Details

  • Incident Details: Fire occurred in the evening of April 16, 2026, causing localized damage strictly to the crushing circuit area.
  • Safety & Facility Impact: No injuries reported; mill and power facility remain unaffected.
  • Interim Operational Plan: Mobile crushers currently at site will feed crushed ore directly to the fine ore stockpile while repairs are underway.
  • Additional Capacity: Temporary crushing equipment has been sourced and will be transported to the site in Q2 2026 to supplement existing mobile crushers.
  • Repair Timeline & Cost: Estimated repair cost is approximately $10 million; repairs are projected to be completed in Q3 2026.
  • Infrastructure Upgrades: Repair work will coincide with the previously announced installation of a run-of-mine bin and apron feeder, also scheduled for Q3 2026.
  • Capacity Target: The crushing circuit is expected to reach an average daily capacity of ~3,200 tonnes per day by the end of Q3 2026.
  • Q2 2026 Production Forecast: Reduced to 18,000–20,000 ounces due to lower throughput rates, representing a ~10,000 ounce decrease from the previous internal forecast of ~29,000 ounces.
  • Q1 2026 Production: 42,876 ounces of gold produced, exceeding internal estimates.
  • Full-Year 2026 Guidance: Reiterated at 170,000–230,000 ounces for the Goose mine.
  • Long-Term Impact Assessment: The operational impact is expected to be limited to Q2 2026, with crushed ore availability in H2 2026 remaining consistent with prior estimates.
Read the original news release →

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