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BTG Events
B2Gold Receives Menankoto Exploitation Permit from Mali
B2Gold announced that the State of Mali has granted the Menankoto exploitation permit to B2Gold's Malian subsidiary. The Menankoto Exploitation Permit together with the Dandoko exploration permit make up Fekola Regional, which is a key near-term production growth driver for B2Gold. The issuance of the Menankoto Exploitation Permit follows productive dialogue between B2Gold and the State of Mali that commenced in late July 2025 and has continued until present. The discussions culminated in the receipt of both the approval to commence underground mining operations at the Fekola Mine in July 2025, and now the issuance of the Menankoto Exploitation Permit on August 7. B2Gold and the State of Mali remain committed to the agreement entered into in September 2024 related to the ongoing operation and governance of the Fekola Mine and Fekola Regional. Pursuant to the terms of the agreement, the Menankoto Exploitation Permit was issued under the 2023 Mining Code, while the Fekola Mine remains subject to the 2012 Mining Code. The Fekola Complex is comprised of the Fekola Mine, owned 80% by B2Gold and 20% by the State of Mali, and Fekola Regional, which will be owned 65% by B2Gold and 35% by the State of Mali. Fekola Regional is located approximately 20 kilometers from the Fekola Mine. With issuance of the Menankoto Exploitation Permit, mining pre-stripping activities and finalization of a tolling agreement will commence. Fekola Regional is expected to ramp up operations through the end of 2027, and produce in excess of 150,000 ounces per year from 2028 through the mid-2030's.
B2Gold Trading Resumes
B2Gold trading resumes
B2Gold Trading Halted, News Pending
B2Gold trading halted, news pending
B2Gold Reports Q2 Revenue of $789.35M, Gold Production at 203,648 Ounces
Reports Q2 revenue $789.35M vs. $692.21M last year. Q2 gold production was 203,648 ounces. CEO Mike Cinnamond said "B2Gold delivered a solid Q2, with production across our operating portfolio largely in line with expectations, highlighted by stronger-than-anticipated performance from Fekola, Masbate and Otjikoto...we believe that all necessary steps in the approval process have now been completed, and are confident that the permit will be approved by the Council of Ministers of Mali in the near future. Receipt of the Menankoto Exploitation Permit will be an important milestone that allows B2Gold to commence mining within Fekola Regional and supports the continued long-term growth of the Fekola Complex...During Q2, we further strengthened our balance sheet through the sale of our interest in Fingold for $325 million in cash, unlocking significant value for our shareholders. Other highlights from Q2 included repurchasing $92M of shares under our NCIB and completing the final deliveries into our Gold Prepay contracts. As we look forward to the second half of 2026 and into 2027, B2Gold expects to generate significant free cash flow at prevailing metal prices, enabling us to reinvest in our business, fund our prospective exploration projects, and increase capital returns to shareholders."
B2Gold Narrows 2026 Gold Production Outlook to 820K-920K oz.
B2Gold narrows 2026 gold production view to 820K-920K oz. from 820K-970K oz.
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