Otjikoto Mine Defies Decline with Strong Output as Openpit Winds Down

B2Gold’s Otjikoto Mine in northern Namibia continues to deliver robust gold production despite the gradual closure of its openpit operations. The company confirmed that underground output has exceeded expectations, helping offset the decline in surface mining.

Otjikoto’s performance comes as B2Gold shifts focus to its West African assets, particularly the Fekola Complex in Mali, which includes the Fekola and Cardinal openpits. Exploration activities are also underway at the Dandoko permit, signaling the company’s long-term commitment to the region.

The Otjikoto transition reflects a broader industry trend toward underground optimization and resource efficiency. B2Gold’s strategic pivot is expected to sustain profitability while minimizing environmental impact.