Northwire Canada EditionSunday, November 8, 2026
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
Production / Operations

B2Gold estimates Goose fire damage repair to cost $10M

By The Northwire Desk — AI Analysis Apr 19, 2026 · 05:17 BTO · 6.86 B2Gold Corp.
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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