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Stock impact report

Leveraging Arctic construction expertise for project success and community impact [Globe and Mail, The (Toronto, Canada)]

B2Gold Corp Common shares (Canada) (BTG) 
NASDAQ:AMEX Investor Relations: b2gold.com/investors/presentation
B2Gold's Goose Project in Nunavut's Back River gold district – about 500 kilometres north of Yellowknife – was added to its portfolio thanks to the $1.1-billion friendly takeover of Sabina Gold & Silver in April 2023. “We took over at a stage where they were part-way into construction themselves,” says Clive Johnson, CEO of B2Gold. “We needed to catch up with what they'd done and what their plans were, and then build our own plan within and around that.” Although good exploration, feasibility and relationship work had been done by Sabina, the latter with Inuit communities in the Kitikmeot region, Mr. Johnson says it's “not ideal” to be picking up a project that's already underway. Sabina had, for example, planned to send two ships of construction materials from Montreal across the Arctic Ocean to Bathurst Inlet, but B2Gold decided it needed six ships instead. “That's because of our prior knowledge of Arctic construction,” he says. “We have a very strong in-house construction Show less Read more
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