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B2Gold Corp., headquartered in Vancouver, Canada, is a prominent international gold mining company. Established in 2007, B2Gold has rapidly ascended to become one of the fastest-growing intermediate gold producers globally. The company's portfolio includes four operating mines and numerous exploration projects spread across four continents, including significant activities in Nicaragua, the Philippines, Namibia, Mali, and Burkina Faso.
B2Gold's core business revolves around the acquisition, exploration, and development of mineral properties, primarily focusing on gold deposits. This focus is evident in their four operational mines: the Fekola Mine in Mali, the Masbate Mine in the Philippines, the Otjikoto Mine in Namibia, and the Goose Project. Additionally, the company is advancing its construction efforts at the Fekola Mine in southwest Mali, which is on schedule and within budget, with production expected to commence by the end of 2017.
With an emphasis on maintaining a low-cost structure, B2Gold is well-positioned to achieve significant growth, targeting an annual gold production of approximately 800,000 to 850,000 ounces by 2018, while simultaneously reducing production costs. This strategic approach ensures the company’s financial stability and continual expansion.
B2Gold’s diverse assets also include the Gramalote and Kiaka projects, further solidifying its reputation as a leading player in the gold mining industry. The company operates without dependency on any specific purchaser, as its gold production is sold in the global market, ensuring robust revenue streams.
Recent achievements and ongoing projects highlight B2Gold’s commitment to sustainable development and operational excellence. The company's dedication to growth and innovation is evident in its increased production targets and declining costs, making it a significant entity in the global mining sector.
For more information or to contact B2Gold Corp., please visit their corporate website.
B2Gold Corp. (NYSE MKT: BTG) has successfully completed the acquisition of Sabina Gold & Silver Corp., gaining the Back River Gold District in Nunavut, Canada. This strategic move enhances B2Gold's portfolio with a fully permitted and construction-ready project, Goose, which has significant infrastructure in place. The acquisition entails issuing approximately 216 million shares of B2Gold to Sabina shareholders at a rate of 0.3867 shares per Sabina share. The delisting of Sabina shares is set for April 21, 2023. B2Gold aims to leverage its expertise to advance the Goose project towards production anticipated in 2025 while exploring further potential in the Back River Gold District.
B2Gold Corp. is set to release its Q1 2023 financial results on May 9, 2023, after North American markets close. A conference call will follow on May 10, 2023, at 10:00 am PT/1:00 pm ET to discuss these results. Interested participants can register via a provided link, and a unique PIN will be sent for call access.
Headquartered in Vancouver, Canada, B2Gold is a leading low-cost international gold producer founded in 2007. The company operates gold mines in Mali, Namibia, and the Philippines, and is involved in various exploration and development projects across several countries including Colombia, Finland, and Uzbekistan.
B2Gold Corp. (NYSE AMERICAN: BTG) has filed its SEC Annual Report on Form 40-F for the year ended December 31, 2022. This report includes the Company's Annual Information Form, audited Financial Statements, and Management's Discussion & Analysis. Shareholders can request a hard copy of the complete audited Financial Statements for free. B2Gold is known as a low-cost international senior gold producer, with operating mines in Mali, Namibia, and the Philippines, along with various exploration and development projects in countries including Mali, Colombia, and Uzbekistan.
B2Gold Corp. has reported operational and financial results for Q4 and full year 2022, achieving a record total gold production of 367,870 ounces in Q4. The company met its production guidance with a total of 1,027,874 ounces produced in 2022. Consolidated cash operating costs were $468 per ounce in Q4, while all-in sustaining costs stood at $892 per ounce sold. The company also declared a $0.04 dividend per share for Q1 2023, payable on March 17, 2023. B2Gold has strong cash equivalents of $652 million and recently announced its acquisition of Sabina Gold & Silver Corp., emphasizing sustainable practices.
B2Gold Corp. (BTG) has entered into a definitive agreement to acquire Sabina Gold & Silver Corp. The acquisition focuses on Sabina's 100%-owned Back River Gold District in Nunavut, Canada, which features the Goose project, a fully permitted and construction-ready gold project. The deal is valued at approximately C$1.1 billion, equating to C$1.87 per Sabina share, reflecting a 45% premium over the recent stock prices. This acquisition is expected to enhance B2Gold's production capabilities, expanding its attributable Mineral Reserves by 66% to 9 million gold ounces and significantly boosting its overall gold resource base. Completion is anticipated in Q2 2023.
B2Gold Corp. (NYSE AMERICAN: BTG) is set to release its fourth quarter and full year 2022 financial results on February 22, 2023, after North American markets close. The company's executives will host a conference call on February 23, 2023, at 10:00 am PDT/1:00 pm EST to discuss these results. B2Gold, headquartered in Vancouver, Canada, operates gold mines in Mali, Namibia, and the Philippines, and has several exploration projects worldwide. Investors can access the conference call by registering online. For further details, visit B2Gold's website.
B2Gold Corp. (BTG) announced its goal to decrease Scope 1 and 2 greenhouse gas emissions by 30% by 2030, relative to a 2021 baseline. This initiative is part of the company’s broader Climate Strategy, aimed at integrating climate management into its operations. Key objectives include assessing climate risks, reporting on emissions reduction targets, and enhancing renewable energy usage. B2Gold will expand its Fekola solar plant, increasing solar capacity by 22 MWac, cutting GHG emissions by approximately 24,000 tonnes annually, and reducing fuel consumption by 7.6 million liters each year. Construction is set to begin in Q3 2023 and finish by Q3 2024.
B2Gold Corp. reported its fourth quarter and full year 2022 performance, achieving a record gold production of 367,870 ounces in Q4 and 1,027,874 ounces for the year. The company surpassed its production guidance, notably with 244,014 ounces from the Fekola Mine. Fourth quarter revenue reached $592 million, with an average gold price of $1,746 per ounce. For 2023, B2Gold projects production between 1,000,000 and 1,080,000 ounces but anticipates an increase in cash costs to $670 to $730 per ounce due to inflationary pressures. A total of $64 million has been allocated for exploration activities in 2023.
B2Gold Corp. reports the tragic deaths of two employees following an off-site robbery in Mali. The incident occurred during a bus transport under police escort, approximately 75 kilometers from Bamako. While two employees lost their lives, all other personnel on board were safely accounted for. B2Gold extends its sincere condolences to the families of the deceased and prioritizes the safety of its employees. Importantly, mining and processing operations at the Fekola Mine remain unaffected.
B2Gold Corp. reports positive exploration results from the Fekola Complex in Mali, reaffirming 2022 gold production guidance of 990,000 to 1,050,000 ounces. Recent drilling at Mamba and Cobra zones revealed high-grade gold intersections, including 9.48 g/t over 14.60 m and 4.46 g/t over 3.62 m, respectively. October and November saw record production at the Fekola Mine with 79,967 and 95,460 ounces, respectively. The current drilling program has yielded approximately 169,000 m of drilling this year, with ongoing metallurgical testing to enhance gold recovery.
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