Canadian miner B2Gold plans to invest $129m in an underground gold mine at Antelope, near Otjikoto (Namibia), targeting 65,000 oz/year from 2029. Combined with Otjikoto’s stockpiles, production will reach 110,000 oz/year. The project, with strong economics, boasts an NPV of $131m and IRR of 35%. B2Gold will also spend $10m this year to derisk the deposit.
