Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Canada
  4. Toronto Stock Exchange
  5. B2Gold Corp.
  6. News
  7. Summary
    BTO   CA11777Q2099

B2GOLD CORP.

(BTO)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

B2Gold : Miner B2Gold says Mali border shutdown to be short-lived after coup

08/20/2020 | 03:24pm EDT

TORONTO, Aug 20 (Reuters) - Miner B2Gold Corp expects the shutdown of land and air borders in Mali to last "days or weeks, not months," its chief executive said on Thursday, after Tuesday's overthrow of President Ibrahim Boubacar Keita.

"The intention is to re-open as soon as possible," B2Gold CEO Clive Johnson told Reuters, citing discussions with government officials.

Keita resigned on Tuesday and dissolved parliament hours after soldiers detained him at gunpoint and seized power in a coup.

The military junta that overthrew the president ordered the country's borders re-opened on Thursday. But the 15-nation Economic Community of West African States (ECOWAS)instructed its members to keep their borders with Mali closed in response to Tuesday's coup.

ECOWAS leaders convened on Thursday after the bloc suspended Mali, closed borders and halted financial flows in response to the crisis.

Border closures threaten to limit miners' ability to export gold, which is typically flown out of Mali to be refined.

B2Gold and other miners said on Wednesday they were operating as usual.

B2Gold's flagship Fekola mine produced 147,424 ounces of gold in the second quarter.

Johnson reiterated the miner had sufficient supplies to maintain activities through the end of the third quarter and beyond and could tap ore stockpiles if needed. “Because of COVID actually we have even larger stockpiles than we normally would have, so we’re in very good shape," he said.

(Reporting by Jeff Lewis; Editing by Marguerita Choy and Dan Grebler)


ę Reuters 2020
All news about B2GOLD CORP.
09:08aB2GOLD : Selling Gold Projects in Burkina Faso to West African Resources
MT
08:32aCALIBRE MINING : Announces Acquisition of TSXV's Fiore Gold
MT
08:24aB2GOLD BRIEF : Agrees to Sell Burkina Faso Projects to Australia-listed West African Resou..
MT
08:23aB2GOLD : Agrees to Sell Burkina Faso Projects to West African Resources
AQ
10/20B2GOLD CORP. : Reports Continued Strong Total Gold Production for Q3 2021 of 310,261 oz, 7..
AQ
10/19B2GOLD : Up 3% in US, Canada Trading After Lifting 2021 Production Guidance
MT
10/19B2GOLD : Reports Continued Strong Total Gold Production for Q3 2021 of 310,261 oz, 7% Abov..
PU
10/19B2GOLD : Up in US Pre-Market Trading After Lifting 2021 Production Guidance
MT
10/19B2Gold Corp. Announces Consolidated Gold Revenue Results for the Third Quarter and Nine..
CI
10/19B2GOLD BRIEF : Added Annual Production Guidance Range Increased to 1,015,000 to 1,055,000 ..
MT
More news
Analyst Recommendations on B2GOLD CORP.
More recommendations
Financials (USD)
Sales 2021 1 759 M - -
Net income 2021 478 M - -
Net cash 2021 535 M - -
P/E ratio 2021 9,82x
Yield 2021 3,75%
Capitalization 4 581 M 4 582 M -
EV / Sales 2021 2,30x
EV / Sales 2022 2,00x
Nbr of Employees 2 212
Free-Float 98,9%
Chart B2GOLD CORP.
Duration : Period :
B2Gold Corp. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends B2GOLD CORP.
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 16
Last Close Price 4,34 $
Average target price 7,00 $
Spread / Average Target 61,3%
EPS Revisions
Managers and Directors
Clive Thomas Johnson President, Chief Executive Officer & Director
Michael Cinnamond Chief Financial Officer & Senior VP-Finance
Robert Melvin Douglas Cross Chairman
Brian M. Scott Vice President-Geology & Technical Services
William Lytle Senior Vice President-Operations
Sector and Competitors
1st jan.Capi. (M$)
B2GOLD CORP.-24.68%4 582
NEWMONT CORPORATION-3.81%46 105
BARRICK GOLD CORPORATION-16.90%34 676
PUBLIC JOINT STOCK COMPANY POLYUS-6.30%27 391
WHEATON PRECIOUS METALS CORP.-3.65%18 660
NEWCREST MINING LIMITED-3.26%15 195