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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. reported its Q2 and H1 2022 results, achieving gold production of 223,623 ounces (slightly above budget) and consolidated revenue of $382 million at $1,861 per ounce. Costs were favorable, with cash operating costs at $781 per ounce, and all-in sustaining costs (AISC) of $1,111 per ounce, both below budget. The company announced a dividend of $0.04 per share, offering high yields in the sector. The acquisition of Oklo Resources is expected to enhance its position in Mali. The outlook for the full year remains strong with production guidance between 990,000 and 1,050,000 ounces.
B2Gold Corp. (NYSE AMERICAN: BTG) will announce its second quarter 2022 financial results after market close on August 3, 2022. A conference call is scheduled for August 4, 2022, at 10:00 am PDT to discuss these results. The company operates gold mines in Mali, Namibia, and the Philippines, and has several exploration projects globally. B2Gold is noted for being a low-cost gold producer.
B2Gold Corp. reported strong gold production and revenue for Q2 and H1 2022. In Q2, the total gold production reached 223,623 ounces, with consolidated gold revenue of $382 million, reflecting an average realized gold price of $1,861 per ounce. The first half of 2022 saw total production of 432,988 ounces and revenue of $748 million. B2Gold remains on track to meet its annual guidance of 990,000-1,050,000 ounces and emphasizes continued strong operational performance.
B2Gold Corp. announced the voting results from its Annual General and Special Meeting held on June 22, 2022. A total of 812,572,340 shares were voted, representing 76.59% of all outstanding shares. Shareholders overwhelmingly approved all items, including the election of nine directors, with approval rates ranging from 90.43% to 99.67%. Additionally, PricewaterhouseCoopers LLP was appointed as auditor with 99.47% approval. The Advisory Vote on Executive Compensation passed with 80.36% support. Details will be filed on SEDAR.
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.
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