Gramalote Project Feasibility Study: $941M NPV, 22.4% IRR
B2Gold Corp.'s Gramalote Project in Colombia has a Feasibility Study outlining an after-tax NPV of $941M, an after-tax IRR of 22.4%, and initial capital of $740M. The mine plan runs 13 years at about 177000 oz Au per year.
B2Gold Corp.'s Gramalote Project has reported Feasibility Study results for the gold project in Colombia. The study headlines an after-tax net present value of $941M at a 5% discount rate. It reflects B2Gold Corp.'s (BTG) latest disclosed economics for the asset.
Economics. The after-tax NPV is $941M using a 5% discount rate. After-tax IRR is 22.4%. Initial capital expenditure is estimated at $740M, with life-of-mine sustaining capital of $444M. The study models a payback period of 3.4 years. All-in sustaining costs are pegged at 985 USD/oz. Economics are based on $2,500/oz Au.
Production and mine plan. The project envisions an open pit operation. Life of mine is 13 years. Average annual production is approximately 177000 oz Au. Average head grade is 0.96 g/t Au (1.23 g/t Au over first 5 years). Metallurgical recovery averages 95.7%.
These figures are extracted from B2Gold Corp.'s technical disclosures and reflect the most recent Feasibility Study on file. Compare this project against other developers and producers in our project economics database, and always verify the numbers against the original technical report before making any investment decision.