B2Gold Q4 net profit sliced almost in half; gold sales improve to US$70.7M
VANCOUVER – B2Gold Corp. (TSX:BTO) saw its net income cut almost in half in the fourth quarter amid higher taxes and operating and other costs that more than offset improved revenue from gold sales. The Vancouver-based miner says net profits in the three months ended Dec. 31 were US$10.9 million or three cents per share compared with US$20.8 million or six cents in the same 2011 period. Quarterly revenue from gold sales improved to US$70.7 million from US$66.9 million.
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