B2Gold Corp says its Otjikoto Mine in Namibia sourced approximately 79% of its electricity from renewable energy in 2025, as the company advances plans to reduce greenhouse gas emissions across its operations by 30% before 2030.
The update forms part of the company’s tenth annual Responsible Mining Report and fifth annual Climate Strategy Report released this week, outlining environmental, operational and community investment performance across its global portfolio.
B2Gold said the emissions reduction target applies to its Fekola, Masbate and Otjikoto operations and is benchmarked against a 2021 baseline for Scope 1 and 2 greenhouse gas emissions.
The company said renewable energy consumption across all operations increased to 25% in 2025 from approximately 22% in 2024, with Otjikoto recording the highest renewable energy penetration among its producing assets.
B2Gold reported that total Scope 1 and 2 emissions for its Fekola, Masbate and Otjikoto operations declined to an estimated 673,000 tonnes of CO2 equivalent in 2025 from 699,000 tonnes in 2024.
The company said consolidated emissions across the broader group increased to approximately 757,000 tonnes following the addition of the Back River Gold District in Canada.
B2Gold said emissions intensity improved to 0.77 tonnes of CO2 equivalent per ounce of gold produced in 2025, compared to 0.89 tonnes in 2024, supported mainly by higher gold production levels.
The company said site-specific greenhouse gas action plans have been developed for Otjikoto, Fekola and Masbate to address operational climate risks and identify decarbonisation opportunities at each operation.
B2Gold also confirmed continued investment activities at Otjikoto, including construction of the Ombili Primary School in Otjiwarongo, which is expected to be completed and handed over to the Namibian government by the end of 2026.
“This initiative serves as a wonderful example of how partnership can create lasting benefits that extend well beyond the mine’s operational life,” the company said.
The miner said it remains focused on renewable energy expansion, operational efficiency and alternative technologies as part of its longer-term decarbonisation strategy.
“Through collaboration with technology providers, industry partners, and site teams, B2Gold remains focused on identifying practical and responsible approaches to support its decarbonization objectives,” the company said.
B2Gold said it will continue investing in education, vocational training, local employment and community development initiatives across its operating jurisdictions as part of its broader sustainability strategy.
The company reported total consolidated gold production of 979,604 ounces in 2025 and annual revenue of US$3 billion. It said it paid US$1 billion to governments through taxes and royalties and invested US$14.3 million into community programmes globally during the year.
