B2Gold Corp. (BTO.TO, BTG) edged up in after-hours New York trading after the company on Monday released its gold production and revenue results for the fourth quarter and full year 2024, as well as its 2025 total gold production guidance and 2025 cost guidance for its current operating mines.

Among Q4 and full year 2024 highlights, the company cited total gold production of 186,001 ounces in Q4 2024. Total consolidated gold production for 2024 was 804,778 ounces (including 19,644 ounces of attributable production from Calibre Mining (CXB.TO)), at the low end of the company's revised 2024 guidance range.

B2Gold also cited "strong" quarterly gold revenue to finish 2024. Consolidated gold revenue in the fourth quarter of 2024 was US$500 million on sales of 187,793 ounces at an average realized gold price of US$2,661 per gold ounce. For the full year 2024, consolidated gold revenue was US$1.9 billion on sales of 801,524 ounces at an average realized gold price of US$2,373 per gold ounce.

Of other Q4 and FY highlights, the company re-affirmed full year 2024 total consolidated cost guidance and said it achieved a "significant" safety milestone of six years without a Lost Time Injury at Masbate. It renewed a revolving credit facility in December 2024, increasing the total borrowing capacity to $800 million.

Among 2025 guidance highlights, BTO said total gold production is anticipated to be between 970,000 and 1,075,000 ounces; and total consolidated cash operating costs and all-in sustaining costs remain "stable".

Also, B2Gold's initial Goose Project life of mine plan will be released at the end of the first quarter of 2025 based on updated Mineral Reserves; and Total Goose Project construction and mine development cash expenditure estimate before first production remains at US$1.54 billion; and Goose Project construction and development remains "on schedule" for first gold pour in the second quarter of 2025.

Mining and trucking operations are anticipated to commence at Fekola Regional in 2025, with first gold production expected in mid-2025; initial gold production at Fekola underground is also expected in mid-2025; and a Preliminary economic assessment on the Antelope deposit at Otjikoto are expected early in the first quarter of 2025; and a feasibility study on the Gramalote Project in Colombia is targeted for completion in mid-2025.

The company's shares were last seen up US$0.02 to US$2.51 after hours. They closed down $0.13 to $3.61 on the Toronto Stock Exchange.