B2Gold (BTG) Stock News

B2Gold Corp. (NYSE AMERICAN: BTG) has filed its SEC Annual Report on Form 40-F for the year ended December 31, 2022. 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 for free. B2Gold is known as a low-cost international senior gold producer, with operating mines in Mali, Namibia, and the Philippines, along with various exploration and development projects in countries including Mali, Colombia, and Uzbekistan.

B2Gold Corp. has reported operational and financial results for Q4 and full year 2022, achieving a record total gold production of 367,870 ounces in Q4. The company met its production guidance with a total of 1,027,874 ounces produced in 2022. Consolidated cash operating costs were $468 per ounce in Q4, while all-in sustaining costs stood at $892 per ounce sold. The company also declared a $0.04 dividend per share for Q1 2023, payable on March 17, 2023. B2Gold has strong cash equivalents of $652 million and recently announced its acquisition of Sabina Gold & Silver Corp., emphasizing sustainable practices.

B2Gold Corp. (BTG) has entered into a definitive agreement to acquire Sabina Gold & Silver Corp. The acquisition focuses on Sabina's 100%-owned Back River Gold District in Nunavut, Canada, which features the Goose project, a fully permitted and construction-ready gold project. The deal is valued at approximately C$1.1 billion, equating to C$1.87 per Sabina share, reflecting a 45% premium over the recent stock prices. This acquisition is expected to enhance B2Gold's production capabilities, expanding its attributable Mineral Reserves by 66% to 9 million gold ounces and significantly boosting its overall gold resource base. Completion is anticipated in Q2 2023.

B2Gold Corp. (NYSE AMERICAN: BTG) is set to release its fourth quarter and full year 2022 financial results on February 22, 2023, after North American markets close. The company's executives will host a conference call on February 23, 2023, at 10:00 am PDT/1:00 pm EST to discuss these results. B2Gold, headquartered in Vancouver, Canada, operates gold mines in Mali, Namibia, and the Philippines, and has several exploration projects worldwide. Investors can access the conference call by registering online. For further details, visit B2Gold's website.

B2Gold Corp. (BTG) announced its goal to decrease Scope 1 and 2 greenhouse gas emissions by 30% by 2030, relative to a 2021 baseline. This initiative is part of the company’s broader Climate Strategy, aimed at integrating climate management into its operations. Key objectives include assessing climate risks, reporting on emissions reduction targets, and enhancing renewable energy usage. B2Gold will expand its Fekola solar plant, increasing solar capacity by 22 MWac, cutting GHG emissions by approximately 24,000 tonnes annually, and reducing fuel consumption by 7.6 million liters each year. Construction is set to begin in Q3 2023 and finish by Q3 2024.

B2Gold Corp. reported its fourth quarter and full year 2022 performance, achieving a record gold production of 367,870 ounces in Q4 and 1,027,874 ounces for the year. The company surpassed its production guidance, notably with 244,014 ounces from the Fekola Mine. Fourth quarter revenue reached $592 million, with an average gold price of $1,746 per ounce. For 2023, B2Gold projects production between 1,000,000 and 1,080,000 ounces but anticipates an increase in cash costs to $670 to $730 per ounce due to inflationary pressures. A total of $64 million has been allocated for exploration activities in 2023.

B2Gold Corp. reports the tragic deaths of two employees following an off-site robbery in Mali. The incident occurred during a bus transport under police escort, approximately 75 kilometers from Bamako. While two employees lost their lives, all other personnel on board were safely accounted for. B2Gold extends its sincere condolences to the families of the deceased and prioritizes the safety of its employees. Importantly, mining and processing operations at the Fekola Mine remain unaffected.

B2Gold Corp. reports positive exploration results from the Fekola Complex in Mali, reaffirming 2022 gold production guidance of 990,000 to 1,050,000 ounces. Recent drilling at Mamba and Cobra zones revealed high-grade gold intersections, including 9.48 g/t over 14.60 m and 4.46 g/t over 3.62 m, respectively. October and November saw record production at the Fekola Mine with 79,967 and 95,460 ounces, respectively. The current drilling program has yielded approximately 169,000 m of drilling this year, with ongoing metallurgical testing to enhance gold recovery.

B2Gold Corp. (BTG) has declared a cash dividend of $0.04 per share for Q4 2022, amounting to an annualized $0.16, payable on December 16, 2022. Shareholders of record by December 7, 2022 will receive this dividend. B2Gold aims to maintain this level for future quarterly dividends, although future payments are subject to the Board's discretion based on economic conditions and company performance. The dividend qualifies as an 'eligible dividend' under Canadian tax law, with non-resident shareholders subject to withholding taxes.