insert_link Business / Economics B2Gold plans $7 million exploration to expand Antelope Deposit B2Gold Corp. has announced a positive preliminary economic assessment (PEA) for the Antelope deposit at its Otjikoto Mine in Namibia, forecasting an after-tax net present value of $131 million and an internal rate of return of 35%. The Antelope deposit, located approximately four kilometers southwest of the existing Otjikoto open pit, comprises the Springbok and Oryx Zones, with a potential third structure, Impala, pending further drilling confirmation. B2Gold’s assessment indicates […] today5 February, 2025
insert_link Business / Economics B2Gold announces share buyback programme B2Gold has announced changes to its shareholder returns strategy to enhance financial flexibility as it progresses through an organic growth phase. The company is focused on key projects, including the anticipated commencement of gold production at Fekola Regional in Mali, the completion of construction of the Goose Mine in Nunavut, Canada, the advancement of the Antelope deposit at the Otjikoto Mine in Namibia, and the conduct of de-risking activities for […] today14 January, 2025
insert_link Africa Ghana is Africa’s largest gold producer, but it has an illegal mining issue: 5 essential reads By Godfred Boafo, The Conversation Ghana is one of the world’s gold hotspots. It is Africa’s largest producer of gold and it ranks sixth globally. In 2023, 4 million ounces were produced. It is essential to Ghana’s economy, contributing around 7% of gross domestic product. Ghana’s gold mines are found in most parts of the country, and the mining history can be traced back hundreds of years. However, […] today11 September, 2024
insert_link Business / Economics B2Gold Otjikoto mine to retrench 300 workers B2Gold Otjikoto Mine, the country’s largest gold producer, is set to start with the voluntary retrenchment of 300 employees. Last year, the mine announced its plans to embark upon a phased closure of open mining due to depleted ore reserves, but it did not disclose the number of workers to be affected, as consultations with stakeholders were still ongoing at the time. Here is John Roos B2Gold Namibia's Country Manager […] today24 April, 2024
