05:35 AM EDT, 04/09/2020 (MT Newswires) -- B2Gold Corp. (BTG) reported Wednesday total gold output of 250,632 ounces in Q1, a 25% rise over the year-ago quarter.

The mining company attributes the significant increase to record production from the Fekola Mine in Mali. Including production from Calibre operations, total output amounted to a record 262,632 ounces.

Consolidated gold revenue from its three operating mines totaled $380 million on sales of 239,500 ounces at an average price of $1,588 per ounce. That compares to gold revenue of $264 million on sales of 203,400 ounces at an average price of $1,298 per ounce in the 2019 quarter, according to B2Gold.

The company also said that it completed the draw down of a further $250 million on its $600 million revolving credit facility as a precautionary measure given the current uncertainty surrounding the COVID-19 pandemic,