130,000 oz of Gold / year - Q4 2009

Exploration & production. Properties in Nicaragua, Colombia, Panama & Russia

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Message: B2Gold Releases it’s Second Annual Responsible Mining Report-Raising tha Bar

B2Gold Releases its Second Annual Responsible Mining Report - Raising the Bar

 

Vancouver, British Columbia--(Newsfile Corp. - June 14, 2018) - B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) ("B2Gold" or the "Company") is pleased to announce that it has launched its second annual Responsible Mining Report. The report provides a detailed overview of the Company's economic, governance, environmental and social performance in 2017. 

Highlights from the 2017 report include: 

People

B2Gold maintains a minimal expatriate employment rate at all of its operations by recruiting people at a local and national level, and by providing quality training. Across all of B2Gold's operations, only 4% of the total workforce are expatriate employees. In 2017, the Company completed construction of its Fekola Mine in Mali and managed to retain over 80% of its Malian team (B2Gold currently has 765 people in operations) through skills training from construction to operations roles. 

Health & Safety

B2Gold's commitment to the health and safety of its people is a top priority. In 2017, the Company improved its already impressive company-wide safety performance record by reducing the Lost-Time Injury ("LTI") rate by 50%, with zero LTIs for 965 days or 2.6 years at the Masbate operations and 753 days or 2.1 years at the Fekola operations (as of May 30, 2018). 

Human Rights

B2Gold continues its proactive approach to human rights due diligence. In 2017, the Company completed human rights assessments at its operations in Mali and the Philippines. The report summarizes the results of these initiatives and the Company's plans for continuing assessments and training, in alignment with the Voluntary Principles on Security and Human Rights at its other operations.

Environment

B2Gold is committed to minimizing the impact on, and conserving the quality of, the natural environment in the areas where the Company operates. The report showcases the new solar power plant at the Otjikoto Mine in Namibia (see news release dated 06/05/2018) and how B2Gold is going beyond compliance by restoring coral reef systems in a newly-established marine protection area in the Philippines. Damage to the reef has been caused by aggressive overfishing and destructive fishing practices. 

"Our principles of fairness, respect, transparency and accountability are enduring," said Clive Johnson, President & CEO, in the report's opening message. "B2Gold will continue to demonstrate to our stakeholders - government authorities, community members, and financial partners - that responsible mining practices are at our core." 

The report was compiled in accordance with the Global Reporting Initiative Standards, Core option, and the G4 Mining and Metals Sector Disclosures. 

To view or download a copy of B2Gold's 2017 Responsible Mining Report please visit www.b2gold.com/_resources/B2Gold_RMR2017_Interactive.pdf.

About B2Gold Corp.

Headquartered in Vancouver, Canada, B2Gold Corp. is the world's new senior gold producer. Founded in 2007, today, B2Gold has five operating gold mines, and numerous exploration and development projects in various countries including Nicaragua, the Philippines, Namibia, Mali, Burkina Faso, Colombia and Finland. 

With the first full year of production from the large, low-cost Fekola Mine, B2Gold is achieving transformational growth in 2018. Consolidated gold production is forecast to be between 910,000 and 950,000 ounces, representing an increase in annual consolidated gold production of approximately 300,000 ounces in 2018 versus 2017. Based on current assumptions, in 2018, consolidated cash operating costs are projected to be between $505 and $550 per ounce, and consolidated AISC are projected to be between $780 and $830 per ounce. 

ON BEHALF OF B2GOLD CORP.

"CLIVE JOHNSON"
President & CEO     

For more information on B2Gold, please visit the Company website at www.b2gold.com or contact:

Ian MacLean
Vice President, Investor Relations
604-681-8371
imaclean@b2gold.com

Katie Bromley
Manager, Investor Relations & Public Relations
604-681-8371
kbromley@b2gold.com

The Toronto Stock Exchange and the NYSE American LLC neither approve nor disapprove the information contained in this news release. 

 

Production forecasts presented in this news release reflect the total production at the mines the Company operates on a 100% basis.

This news release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian and United States securities legislation, including statements regarding anticipated exploration, operations, production and other activities and achievements of the Company, including but not limited to: consolidated 2018 gold production forecast being between 910,000 and 950,000 ounces of gold and such representing an increase in annual consolidated gold production of approximately 300,000 ounces for the Company in 2018 versus 2017; and estimated consolidated cash operating costs and AISC per ounce for 2018. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as "expect", "plan", "anticipate", "project", "target", "potential", "schedule", "forecast", "budget", "estimate", "intend" or "believe" and similar expressions or their negative connotations, or that events or conditions "will", "would", "may", "could", "should" or "might" occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made.

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