Otjikoto loses some shine in 2018

14 March 2019 | Business

The Otjikoto mine produced 167 346 ounces of gold last year, 24 188 ounces or 13% less than 2017.
Releasing its latest annual results this morning, B2Gold Corp – the majority shareholder in the Otjikoto mine – said the lower production was due to a “negligible amount of Wolfshag ore being mined in 2018 while Phase 2 of the Wolfshag Pit is being developed”.
Higher grade ore production is planned to resume from the Wolfshag Pit in late 2019, B2Gold said.
B2Gold is listed on the Overall Index of the Namibian Stock Exchange (NSX). It closed Wednesday at N$44.79 per share.

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