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B2Gold

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262:-listed Papillon Resources. The 2014 deal, with an estimated value of US$ 570 million, gave Papillon shareholders 26% of the combined company, and resulted in the Fekola mine beginning production in November 2017. The five mines resulted in the company producing approximately 960,000 ounces of gold in both 2018 and 2019. The company sold its assets in Nicaragua to Vancouver-based mineral exploration company Calibre Mining. 24: 239:-listed CGA Mining. The deal gave B2Gold the Masbate mine in the Philippines and CGA Mining shareholders received 38% of the combined company. Around this time, in 2013, B2Gold also acquired Volta Resources in an all-stock deal worth US$ 63 million for its Burkina Faso exploration properties, and lost an exploration property in 352:, was acquired in 2009 and sold 2019 along with the La Libertad mine. It was the site of protests that resulted in one death and 31 injuries, damage to the mine and temporary closure, in 2015, following the sacking of three workers. Producing between 40,000 and 50,000 ounces of gold a year, it was B2Gold smallest mine. 189:. The company built itself up through mergers with several other mining companies, including Central Sun Mining, CGA Mining, Auryx Gold and Papillon Resources to give it five operating mines, two of which have been divested, and several exploration properties. 333:, was acquired by B2Gold with its merger with Central Sun Mining in 2009 and sold to Calibre Mining in 2019. It consisted of several open pits, along with an underground operation, whose expansive reach necessitated the relocation of a neighbourhood of 315:, is a combined open pit and underground mine that produces between 150,000 and 200,000 ounces of gold annually. Beginning production in 2015, it was the first mine B2Gold developed itself, and it is powered by its own solar power plant. 300:, the Philippines, came to B2Gold in the 2012 merger with CGA Mining. The open pit mine, which produces upwards of 200,000 ounces of gold annually, was subject to several killings in 2014-15 involving security guards and 285:, near the Senegal border, is the second mine B2Gold developed itself, after having acquired the project from Papillon Resources. During that development phase, several B2Gold executives were taken hostage during the 246:
B2Gold's fourth mine came from the development of the Otjikoto project, acquired in its 2011 merger with TSX-listed Auryx Gold which gave Auryx shareholders 10% of the combined company. the Otjikoto mine in
749: 228:-listed, and financially distressed company, Central Sun Mining. This all-stock deal, estimated to be valued at $ 67 million, gave B2Gold its first two mines, El Limon and La Libertad both in 769: 759: 754: 442: 774: 650: 544: 243:(El Pavón), Nicaragua, due to community opposition. With three operating mines, B2Gold produced 366,000 ounces of gold in 2013 and 391,000 ounces in 2014. 251:
achieved commercial production in February 2015. With the four mines, the company produced 493,265 ounces of gold in 2015 and 550,423 ounces in 2016.
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Bailey, Stewart (February 3, 2009). "B2Gold to buy Central Sun Mining for $ 66.8 million; Deal gives B.C.-based company access to Nicaraguan mines".
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raised $ 100 million for exploration and valuation purposes. In 2008, the exploration company graduated to the Toronto Stock Exchange.
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but rescued by the Malian military. It is the company's largest mine as it has been producing over 400,000 ounces of gold each year.
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for $ 3.5 billion. The terms of the deal allowed the newly created B2Gold to take Bema Gold's exploration properties in
64: 286: 502: 214: 182: 178: 109: 334: 225: 174: 48: 345: 326: 218: 308: 592: 573: 530: 471: 341: 198: 301: 185:. The company was formed by several executives from Bema Gold following its acquisition by 95: 34: 738: 240: 56: 42: 232:. The company produced 21,200 ounces of gold in 2009 up to 157,885 ounces in 2012. 202: 186: 166: 154: 674:
Riedman, Gabriel (October 24, 2019). "Gold sector plans 'climate risk reset'".
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Hoffman, Andy (December 6, 2007). "Former Bema Gold CEO resurfaces at B2Gold".
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B2Gold was founded in 2007 by Clive T. Johnson and other former executives at
125: 349: 330: 266: 229: 170: 91: 627:"Vancouver mining executives trapped in rooms as gunmen stormed Mali hotel" 570:"B2Gold strikes deal to buy Papillon Resources for $ 570-million in stock" 545:"B2Gold strikes deal to buy Papillon Resources for $ 570-million in stock" 397:
Hoffman, Andy (January 20, 2007). "Kinross holds firm on offer for Bema".
206: 23: 651:"2 shot dead at Vancouver based B2Gold mining operation in Philippines" 312: 297: 248: 224:
In 2009, the B2Gold became a gold producer with its acquisition of the
162: 60: 293: 210: 52: 269:-based gold exploration company, Oklo Resources for US$ 64 million. 282: 255: 158: 714:"B2Gold, Canadian Miner, Closes Nicaraguan Mine After Violence" 374:"Bema Gold founder set to reap another windfall with B2Gold" 254:
Their fifth mine was developed from the Fekola property in
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B2Gold added a third mine, in 2012, with its merger with
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Mali Mining Investments (British Virgin Islands) Limited
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In May 2022, it was announced B2Gold had acquired the
173:, and was founded in 2007, and was then listed on the 486:"B2Gold to acquire Volta Resources in all-stock deal" 750:
Non-renewable resource companies established in 2007
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is a Canadian mining company that owns and operates
607:"B2Gold agrees to acquire OKLO Resources for $ 64m" 138: 124: 116: 102: 86: 78: 70: 40: 30: 443:"B2Gold to buy CGA Mining in $ 1.1-billion deal" 770:Companies listed on the Namibian Stock Exchange 760:Companies listed on the New York Stock Exchange 527:"Timely acquisitions set B2Gold on growth path" 755:Companies listed on the Toronto Stock Exchange 277:As of 2020, B2Gold has three operating mines: 201:which was in the process of being acquired by 690:"Nicaragua: Fatal clashes at 'El Limón' mine" 8: 16: 589:"B2Gold sells Nicaraguan mines to Calibre" 22: 15: 340:El Limon mine, located on the border of 775:2007 establishments in British Columbia 362: 7: 497: 495: 368: 366: 134:Central Asia Gold Limited (Bahamas) 258:acquired with B2Gold's merger with 325:La Libertad gold mine, located in 169:. The company is headquartered in 14: 468:"B2Gold aims to grow via CGA bid" 108:Clive T. Johnson (President and 587:Saywell, Trish (July 2, 2019). 65:S&P/TSX Composite Component 503:"Of Miners and Land Defenders" 1: 488:. CBC News. October 28, 2013. 745:Companies based in Vancouver 130:TEAL Namibia (Barbados) Inc. 177:, then later listed on the 791: 765:Mining companies of Canada 292:Masbate mine, located in 21: 287:2015 Bamako hotel attack 281:Fekola mine, located in 219:Toronto Venture Exchange 217:in December 2007 on the 215:initial public offering 183:Namibian Stock Exchange 179:New York Stock Exchange 507:briarpatchmagazine.com 175:Toronto Stock Exchange 378:Business In Vancouver 18: 593:The Northern Miner 574:The Northern Miner 533:. August 31, 2016. 531:The Northern Miner 474:. October 1, 2012. 472:The Northern Miner 447:The Globe and Mail 414:The Globe and Mail 399:The Globe and Mail 302:small-scale miners 151:B2Gold Corporation 17:B2Gold Corporation 429:The Vancouver Sun 307:Otjikoto mine in 148: 147: 782: 729: 728: 726: 725: 710: 704: 703: 701: 700: 686: 680: 679: 671: 665: 664: 662: 661: 647: 641: 640: 638: 637: 623: 617: 616: 614: 613: 603: 597: 596: 584: 578: 577: 576:. 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Retrieved 720:. 2015-10-07 717: 708: 697:. Retrieved 693: 684: 675: 669: 658:. Retrieved 654: 645: 634:. Retrieved 630: 621: 610:. Retrieved 601: 582: 564: 553:. Retrieved 551:. 2014-06-03 548: 539: 521: 510:. Retrieved 506: 480: 462: 451:. Retrieved 449:. 2012-09-12 446: 437: 428: 422: 413: 407: 398: 392: 381:. Retrieved 377: 309:Otjozondjupa 276: 264: 253: 245: 234: 223: 203:Kinross Gold 196: 187:Kinross Gold 150: 149: 126:Subsidiaries 87:Headquarters 31:Company type 335:La Libertad 167:Philippines 739:Categories 724:2018-01-24 699:2018-01-26 660:2018-01-24 636:2018-01-24 612:2022-05-27 555:2018-01-24 512:2018-01-26 453:2018-01-24 383:2018-01-24 357:References 346:Chinandega 273:Operations 155:gold mines 104:Key people 350:Nicaragua 331:Nicaragua 327:Chontales 267:Australia 230:Nicaragua 199:Bema Gold 171:Vancouver 92:Vancouver 43:Traded as 655:CBC News 631:CBC News 213:. Their 207:Colombia 181:and the 165:and the 117:Products 71:Industry 313:Namibia 298:Masbate 249:Namibia 193:History 163:Namibia 139:Website 79:Founded 59::  51::  294:Aroroy 211:Russia 74:Mining 35:Public 344:and 342:León 283:Mali 256:Mali 209:and 159:Mali 120:Gold 82:2007 57:AMEX 260:ASX 237:ASX 226:TSX 157:in 110:CEO 61:BTG 53:BTO 49:TSX 741:: 716:. 692:. 653:. 629:. 591:. 572:. 547:. 529:. 505:. 494:^ 470:. 445:. 376:. 365:^ 329:, 311:, 296:, 161:, 94:, 727:. 702:. 663:. 639:. 615:. 595:. 558:. 515:. 456:. 386:. 337:. 304:.

Index


Public
Traded as
TSX
BTO
AMEX
BTG
S&P/TSX Composite Component
Vancouver
British Columbia
CEO
Subsidiaries
Official Website
gold mines
Mali
Namibia
Philippines
Vancouver
Toronto Stock Exchange
New York Stock Exchange
Namibian Stock Exchange
Kinross Gold
Bema Gold
Kinross Gold
Colombia
Russia
initial public offering
Toronto Venture Exchange
TSX
Nicaragua

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