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B2Gold Corp. - $BTG STOCK NEWS

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.

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B2Gold Corp. (BTO, BTG, B2G) has declared a cash dividend for Q4 2023 of $0.04 per common share, payable on December 18, 2023. The Company has implemented a Dividend Reinvestment Plan (DRIP) with a 3% discount for the Q4 2023 Dividend. Participation in the DRIP is optional. B2Gold expects to declare future quarterly dividends at the same level. Dividends paid to non-resident investors will be subject to Canadian non-resident withholding taxes. The declaration and payment of future dividends will be subject to the Board's discretion and various factors. For more information, please refer to the Company's website.
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B2Gold Corp. (BTO) announces positive exploration drilling results from Back River Gold District in Nunavut, with 23,605 meters drilled in 77 holes, confirming high-grade mineralization at the Goose Project. The company approved a US$20 million exploration budget for 2023 and is on track for first gold pour in Q1 2025.
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B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) announces its operational and financial results for Q3 2023. Total gold production of 242,838 ounces, consolidated cash operating costs of $706 per gold ounce sold, and a net loss of $0.03 per share. The Company's total gold production is forecast to be between 1,000,000 and 1,080,000 ounces for 2023, with a strong net positive cash position.
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B2Gold Corp. to release Q3 2023 financial results
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B2Gold provides construction update on Goose Project in Nunavut, Canada
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B2Gold Corp. has entered into a purchase agreement with AngloGold Ashanti Limited to acquire AngloGold's 50% stake in the Gramalote project. B2Gold will own 100% of the project, which will consolidate the Gramalote Project under one owner. The acquisition is accretive to B2Gold shareholders and adds 2.11 million gold ounces of Indicated Mineral Resources and 0.74 million gold ounces of Inferred Mineral Resources to the Company's consolidated Mineral Resource base. B2Gold plans to commence a detailed review of the Gramalote Project to identify potential cost savings and develop a smaller scale project. The purchase price will be paid in cash and contingent upon certain milestones. The Transaction is subject to South African Reserve Bank approval and is expected to be completed in Q4 2023.
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B2Gold Corp. declares Q3 2023 cash dividend of $0.04 per share, implementing Dividend Reinvestment Plan (DRIP) with a 3% discount for Average Market Price of common shares issued from treasury. Future quarterly dividends expected to be at the same level. Dividends subject to withholding taxes for non-resident investors.
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B2Gold Corp. implements Dividend Reinvestment Plan (DRIP) allowing shareholders to reinvest cash dividends into additional shares at a possible discount of up to 5%.
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B2Gold Corp announces operational and financial results for Q2 2023. Total gold production of 262,701 ounces, with Fekola Mine producing 152,427 ounces. Consolidated cash operating costs of $667 per gold ounce sold and all-in sustaining costs of $1,214 per gold ounce sold. Attributable net income of $0.06 per share. Operating cash flow of $199 million. Strong financial position with $506 million in cash and cash equivalents. Completed acquisition of Sabina Gold and Silver Corp. Updated Mineral Resource Estimate for the Anaconda Area. Q2 2023 dividend of $0.04 per share declared.
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FAQ

What is B2Gold Corp.'s primary business?

B2Gold Corp. focuses on the acquisition, exploration, and development of gold mineral properties.

Where is B2Gold headquartered?

B2Gold is headquartered in Vancouver, Canada.

How many operational mines does B2Gold have?

B2Gold has four operational mines located in Mali, the Philippines, Namibia, and Nicaragua.

What are some of B2Gold’s significant projects?

Significant projects include the Fekola Mine in Mali, the Masbate Mine in the Philippines, the Otjikoto Mine in Namibia, and the Goose Project.

What is B2Gold’s annual gold production target by 2018?

B2Gold aims to produce approximately 800,000 to 850,000 ounces of gold annually by 2018.

Does B2Gold depend on a specific purchaser for its gold?

No, B2Gold sells its gold in the global market, ensuring a broad customer base.

When is the Fekola Mine expected to start production?

The Fekola Mine is expected to commence production by the end of 2017.

How does B2Gold ensure its low-cost structure?

B2Gold maintains a low-cost structure through efficient operations and strategic project development.

Where can I find more information about B2Gold?

More information can be found on their corporate website at http://www.b2gold.com.

What are the primary markets for B2Gold’s products?

B2Gold’s products are primarily sold in the global market.

B2Gold Corp.

NYSE:BTG

BTG Rankings

BTG Stock Data

3.35B
1.29B
0.82%
66.28%
1.18%
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
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United States of America
Vancouver