B2Gold Corp. announced unaudited consolidated earnings and operating results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported gold revenue of $128,730,000 compared to $67,065,000 for the same period a year ago. Operating income was $18,680,000 compared to $23,769,000 for the same period a year ago. Profit attributable to shareholders of the company was $7,949,000 or $0.00 per diluted share compared to $14,476,000 or $0.04 per diluted share for the same period a year ago. Cash provided by operating activities after changes in non-cash working capital was $35,454,000 compared to $29,191,000 for the same period a year ago. Investment for Gramalote, prefeasibility and exploration was $11,536,000 compared to $10,043,000 for the same period a year ago. Investment for Otjikoto, development and exploration was $1,424,000 compared to $2,731,000 for the same period a year ago. Investment in Libertad Mine, exploration was $1,369,000 compared to $819,000 for the same period a year ago. Investment in Limon Mine, exploration was $1,055,000 compared to $1,046,000 for the same period a year ago. Investment in Masbate Mine, exploration was $1,202,000 compared to nil for the same period a year ago. Adjusted net income was $12,363,000 or $0.02 per basic share compared to $19,684,000 or $0.05 per basic share for the same period a year ago.

For the nine months, the company reported gold revenue of $406,218,000 compared to $188,268,000 for the same period a year ago. Operating income was $95,619,000 compared to $62,002,000 for the same period a year ago. Profit attributable to shareholders of the company was $41,083,000 or $0.05 per diluted share compared to $40,959,000 or $0.10 per diluted share for the same period a year ago. Cash provided by operating activities after changes in non-cash working capital was $109,475,000 compared to $70,959,000 for the same period a year ago. Investment for Gramalote, prefeasibility and exploration was $44,081,000 compared to $18,887,000 for the same period a year ago. Investment for Otjikoto, development and exploration was $5,392,000 compared to $14,974,000 for the same period a year ago. Investment in Libertad Mine, exploration was $4,089,000 compared to $5,493,000 for the same period a year ago. Investment in Limon Mine, exploration was $3,462,000 compared to $3,484,000 for the same period a year ago. Investment in Masbate Mine, exploration was $4,719,000 compared to nil for the same period a year ago. Adjusted net income was $60,043,000 or $0.10 per basic share compared to $61,242,000 or $0.16 per basic share for the same period a year ago.

For the quarter the company produced gold of 98,992 ounces compared to 42,156 ounces for the same period a year ago.

For the nine months the company produced gold of 260,736 ounces compared to 113,561 ounces for the same period a year ago.

The company also reported write-off of mineral property interests of $9,564,000 for the quarter ended September 30, 2013.

The company is maintaining its guidance for a fifth straight year of increased gold production in 2013, with consolidated production forecast to be between 360,000 to 380,000 ounces from its three producing mines. Forecast consolidated cash operating costs for fiscal 2013 are expected to be in the range of $675 to $690 per ounce of gold.

For the year 2014, the company forecasting gold production of between 395,000 to 420,000 ounces at a consolidated cash operating cost of $680 to $705 per ounce of gold.