The Canadian miner said its long-term growth strategy focus on developing its existing pipeline of projects, while seeking global exploration opportunities.
Metallon Corp. Mining News
If the transaction with owner Metallon Corp. is concluded, B2Gold will invest $150 million to $200 million developing the Shamva gold mine.
Zimbabwe’s biggest gold producer sued the country’s central bank for $132m because it has been paying for the metal in a local quasi-currency rather than US dollars.
A South African newspaper reported that the owner of the company is considering selling the operations.
Metallon Corp. is considering paying mining-equipment suppliers in gold because a cash shortage in Zimbabwe is hampering its plan to expand output.