B2Gold Corp. announced consolidated gold production and revenue results for the fourth quarter and full-year 2015. For the quarter, gold production was 131,469 ounces, 18% greater than in the same period in 2014.

For the quarter, gold revenue was $139 million on record sales of 127,482 ounces at an average price of $1,090 per ounce.

For the year, gold production was 493,265 ounces (including 18,815 ounces of pre-commercial production from Otjikoto) in 2015, an increase of 28% over 2014.

For the year, gold revenue was $553.7 million (or consolidated gold revenue of $576.8 million including $23.1 million of pre-commercial sales from Otjikoto).

For 2016, consolidated gold production at B2Gold is expected to increase to between 510,000 to 550,000 ounces, compared to 493,265 ounces produced in 2015. The higher production relates mainly to increased throughput at the Otjikoto Mine, following the completion of its mill expansion project in September 2015. Gold production in 2016 is anticipated to be slightly weighted towards the second-half of the year (53%), due to a number of factors.