Welcome to our dedicated page for B2Gold news (Ticker: BTG), a resource for investors and traders seeking the latest updates and insights on B2Gold stock.
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. (BTG) announced promising exploration drilling results from the Fekola North and Anaconda areas. Significant findings include drill hole FKD_641, revealing 4.28 g/t gold over 19.15 metres, supporting potential underground development at Fekola Mine. In the Anaconda area, MSD_212 showed 8.09 g/t gold over 15.8 metres, confirming high-grade mineralization below the Mineral Resource boundary. The company plans a $3.4 million exploration program in H2 2022, as part of its $35 million budget for a 225,000 metre drill program, aiming to enhance Mineral Resource estimates.
B2Gold Corp. (BTG) will host its 2022 Annual General and Special Meeting on June 22, 2022, at 2 PM PDT in Vancouver and virtually via webcast. Shareholders can attend and vote online, with a proxy deadline of June 20, 2022, at 2 PM PDT. For participation, registered shareholders must follow the procedures in the Management Information Circular, filed on May 11, 2022. Questions can be submitted during the meeting, and the event will include presentations from senior executives, summarizing the company’s performance in 2021 and updates for H1 2022.
B2Gold Corp. has released its sixth annual Responsible Mining Report titled "Raising the Bar." This report outlines the company's economic contributions and ESG practices for 2021. Key highlights include record gold production for the 13th consecutive year, generating $1.76 billion in annual revenue, and $408 million paid to governments in taxes and royalties. The report also emphasizes B2Gold's commitment to local procurement, with over 65% of goods sourced locally, and maintaining a diverse workforce, with 97% local employees. The company's efforts in health, safety, and environmental management are also discussed.
B2Gold Corp. (NYSE: BTG) has declared a cash dividend of $0.04 per share for Q2 2022, equating to an annualized rate of $0.16. This dividend will be payable on June 29, 2022, to shareholders on record as of June 20, 2022. The Board aims to maintain this dividend level in the future, emphasizing a commitment to maximizing shareholder value. However, future dividends depend on multiple factors, including financial performance and economic conditions, and there is no guarantee they will continue at the declared rate.
B2Gold Corp. has announced a definitive Scheme Implementation Agreement to acquire Oklo Resources Limited for approximately A$91.3 million. Shareholders of Oklo will receive 0.0206 B2Gold shares and A$0.0525 in cash for each share held, equating to A$0.1725 per Oklo share. The acquisition enhances B2Gold's landholding in Mali with an additional 1,405 km2, including the Dandoko Project. The deal is subject to shareholder and regulatory approvals, with the Scheme Meeting expected in August 2022.
B2Gold Corp. reported strong operational and financial results for Q1 2022, achieving total gold production of 209,365 ounces, exceeding budget by 5%. Consolidated gold revenue reached $366 million, aided by an average realized price of $1,874 per ounce. Cash operating costs were $699 per ounce, 12% below budget, while AISC was $1,036 per ounce, 23% below budget. The company forecasts full-year gold production between 990,000 - 1,050,000 ounces. B2Gold also announced increased mineral resources in Mali and acquired the Bakolobi permit, boosting exploration potential.
B2Gold Corp. (NYSE: BTG) will announce its Q1 2022 financial results on May 3, 2022, post-market close. A conference call for investors is scheduled for May 4, 2022, at 10:00 AM PDT. Interested parties can join the call by dialing the provided numbers or by accessing it via webcast. B2Gold, headquartered in Vancouver, Canada, operates gold mines in Mali, Namibia, and the Philippines, with additional projects in multiple countries.
B2Gold Corp. (BTG) reported strong first-quarter 2022 results, producing 209,365 ounces of gold, exceeding budget by 5%. Consolidated revenue was $366 million, with an average price of $1,874 per ounce. The company maintains its 2022 guidance of 990,000 to 1,050,000 ounces produced, with anticipated cash operating costs of $620 to $660 per ounce. The recently increased Mineral Resource estimate for the Anaconda area could add 80,000 to 100,000 ounces annually to Fekola’s production. The Fekola Mine continues operations despite sanctions on Mali, ensuring production targets remain achievable.
B2Gold Corp. has released its inaugural Climate Strategy Report and Water Risk Statement, emphasizing its commitment to addressing climate risks and water resource management. The Climate Strategy highlights risk management strategies, emissions reduction targets, and progress on implementing the Task Force on Climate-related Financial Disclosures recommendations. The Water Risk Statement outlines a three-phase approach to manage water risks, including the completion of a formal Water Risk Assessment. B2Gold aims to enhance sustainability in operations across its projects in Mali, Namibia, and the Philippines.
B2Gold Corp. has filed its SEC Annual Report on Form 40-F for the year ended December 31, 2021. 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 free of charge. Founded in 2007 and headquartered in Vancouver, Canada, B2Gold operates gold mines in Mali, Namibia, and the Philippines, alongside various exploration projects globally.
FAQ
What is the current stock price of B2Gold (BTG)?
What is the market cap of B2Gold (BTG)?
What is B2Gold Corp.'s primary business?
Where is B2Gold headquartered?
How many operational mines does B2Gold have?
What are some of B2Gold’s significant projects?
What is B2Gold’s annual gold production target by 2018?
Does B2Gold depend on a specific purchaser for its gold?
When is the Fekola Mine expected to start production?
How does B2Gold ensure its low-cost structure?
Where can I find more information about B2Gold?
What are the primary markets for B2Gold’s products?
