09:03 AM EDT, 07/14/2025 (MT Newswires) -- B2Gold ( BTG ) reported Monday the results of a feasibility study for the Gramalote gold project in Colombia.

The study outlined an after-tax net present value of US$941 million based on a 5% discount, with a of 22.4% internal rate of return at a gold price of US$2,500 per ounce.

The project is expected to produce 177,000 ounces of gold per year over a 13-year mine life.

Construction capital was estimated at US$740 million, with payback period projected at 3.4 years.

B2Gold ( BTG ) said it is advancing work on a modified work plan and modified environment impact study and expects to complete them in late 2025 and early 2026, respectively.