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B2Gold Reports Fatality at the Masbate Gold Project

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B2Gold (NYSE AMERICAN: BTG) reported a fatality at its Masbate Gold Project in the Philippines on August 28, 2026. An employee died after a pipe burst during scheduled maintenance at the Water Treatment Plant. The incident area has been secured, related work suspended, and an investigation is underway, while mining and processing operations continue. According to B2Gold, the company is focusing on supporting the employee’s family and colleagues and will provide further information when appropriate.

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VANCOUVER, British Columbia, Aug. 28, 2026 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) regrets to report that a fatality occurred at the Masbate Gold Project in the Philippines on Friday, August 28, 2026. The employee was performing scheduled maintenance at the Water Treatment Plant when a pipe burst, resulting in a fatal injury.

Mike Cinnamond, President and CEO of B2Gold, said, "We are all deeply saddened by this tragic incident. Nothing is more important than the safety and well-being of our people, and our immediate focus is supporting the individual’s family and colleagues while fully investigating the circumstances surrounding the event. Our thoughts are with those who have been affected during this difficult time.”

The area of the incident has been secured and related work has been stopped while the investigation is completed. Mining and processing activities continue uninterrupted. The Company will provide additional information when appropriate.

About B2Gold Corp.

B2Gold is a responsible international gold producer headquartered in Vancouver, Canada. Founded in 2007, today, B2Gold has operating gold mines in Canada, Mali, Namibia and the Philippines, and numerous development and exploration projects in various countries.

ON BEHALF OF B2GOLD CORP.
“Mike Cinnamond”
President & Chief Executive Officer

[Source: B2Gold Corp.]



For more information on B2Gold, please visit the Company’s website at www.b2gold.com or contact:

Rebecca Henare
VP, Investor Relations & Corporate Development
+1 604-681-8371
investor@b2gold.com

Cherry DeGeer
Director, Corporate Communications
+1 604-681-8371
investor@b2gold.com

FAQ

What happened at B2Gold's Masbate Gold Project on August 28, 2026 (BTG)?

An employee at B2Gold’s Masbate Gold Project died after a pipe burst during scheduled maintenance at the Water Treatment Plant. According to B2Gold, the incident occurred on August 28, 2026, and the area was secured and related work stopped.

Are operations at B2Gold's Masbate mine affected by the August 2026 fatality (BTG)?

Mining and processing at the Masbate Gold Project continue uninterrupted after the fatal incident. According to B2Gold, only the immediate area of the Water Treatment Plant incident has been secured and related work stopped while an investigation is completed.

How is B2Gold responding to the Masbate Gold Project fatality reported on August 28, 2026?

B2Gold states its immediate focus is supporting the deceased employee’s family and colleagues. According to B2Gold, the incident site has been secured, related work halted, and a full investigation into the circumstances surrounding the event is underway.

Will B2Gold (BTG) provide more information about the Masbate mine fatality?

B2Gold plans to provide additional information about the Masbate incident when appropriate. According to B2Gold, an investigation is in progress, and related work at the Water Treatment Plant remains stopped while circumstances around the fatality are fully examined.

Where is B2Gold's Masbate Gold Project located and what does the company operate globally (BTG)?

The Masbate Gold Project is located in the Philippines. According to B2Gold, the company is an international gold producer with operating gold mines in Canada, Mali, Namibia and the Philippines, plus various development and exploration projects worldwide.