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GOLD

B2Gold reports death at flooded Nicaragua mine

Underground operations at B2Gold's Limon mine remain suspended after a miner was killed when heavy rains caused flooding at the mine last week. The mine was evacuated on June 18, and 25 of the 26 workers were safely removed. However, the last...
24th June 2011
 
GOLD

B2Gold posts Q1 profit after prices, output rise

Vancouver-based B2Gold posted an adjusted net profit of $18.1-million for the first three months of this year, compared with a $3.3-million loss a year earlier, thanks to increased gold prices and a big jump in production at the firm's operations...
11th June 2011
 
PRECIOUS METALS

B2Gold reports gold, silver output at second Nicaragua mine

TSX-listed B2Gold has started gold and silver production at its Orosi openpit mine, Nicaragua, the firm announced on Tuesday. Ore processing started on December 15 and the first dore bar was produced on January 5.
6th January 2010
 
GOLD

B2Gold ready to start Orosi mine this month

Vancouver-based B2Gold has restarted openpit mining at its Orosi mine, in Nicaragua, and is on schedule to start gold production in late November, the company reported on Wednesday. Shares in B2Gold, which already produces gold at its Limon mine,...
5th November 2009
 
GOLD

B2Gold will raise C$25m in bought-deal offering

TSX-listed B2Gold will sell shares to raise C$25-million in a bought-deal offering, to fund exploration and development of its assets, the firm said on Monday. A syndicate of underwriters, led by Genuity Capital Markets and Macquarie Capital...
29th June 2009
 
GOLD

B2Gold will start commissioning Nicuaragua plant by year end

Gold-miner B2Gold plans to begin restarting the processing plant at its Orosi mine, in Nicuaragua, towards the end of this year, the firm said on Thursday. B2Gold acquired Orosi, as well as the producing Limon mine – also in Nicuaragua, when it...
9th April 2009
 
M&A

B2Gold, Central Sun ink binding agreement on tie-up

Canadian junior B2Gold has signed a binding agreement to buy Toronto-based Central Sun Mining in an all-share transaction that values Central Sun at C$66,8-million based on closing prices on January 30. B2Gold will pay 1,28 of its own shares...
2nd February 2009
 
M&A

Linear Gold, Central Sun plan 'aggressive growth' after merger

Canadian juniors Linear Gold and Central Sun Mining, which plan to merge to create a new mid-tier gold-miner, will use the financial muscle of the combined entity to seek further growth, Linear president and CEO Wade Dawe said on Tuesday....
6th January 2009
 
 
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