Toronto-listed B2Gold has poured first gold at its Goose mine in Nunavut, officially starting production at its first Canadian operation and expanding the company’s global footprint.

The mine, part of the Back River gold district, processed its first ore on June 24 and has since been running at around 50% of design capacity, in line with commissioning plans. The company expects to reach commercial production during the third quarter of 2025, with throughput ramping up to full capacity in the near term.

“I am pleased to announce that the Goose mine has achieved its inaugural gold pour, a true milestone for our staff and our partners who have worked tirelessly to reach this achievement,” said B2Gold president and CEO Clive Johnson. “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.”

The Goose mine is expected to produce between 120 000 oz and 150 000 oz of gold this year, with average yearly output of around 300 000 oz projected for the first six full years of operation, based on current reserves.

B2Gold’s first gold pour at Goose comes as the company pivots toward lower-risk jurisdictions, having made its Canadian debut through the 2023 acquisition of Sabina Gold and Silver and the Back River project.

B2Gold also acknowledged the Kitikmeot Inuit Association (KIA), which has been a long-standing partner in the development of the project.

“Respect and collaboration with the KIA is central to the licence to operate in the Back River gold district and B2Gold will prioritize operating the Goose mine in a manner that recognizes Inuit priorities, addresses concerns, and brings long-term socioeconomic benefits to the Kitikmeot region,” the company said.

A total of $32-million has been allocated for exploration across the Back River gold district this year, forming part of B2Gold’s broader $61-million global exploration budget. The company says there is significant potential for resource growth in the region.