UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE
ACT OF 1934
For the month of May, 2021
Commission File Number: 001-35936
B2Gold
Corp.
(Translation of registrant’s name into English)
British Columbia, Canada
(Jurisdiction of incorporation or organization)
Suite 3400, Park Place
666 Burrard Street
Vancouver, British Columbia
V6C 2X8
Canada
(Address of principal executive office)
Indicate by check mark whether
the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
[ ] Form 20-F |
[X] Form 40-F |
Indicate by check mark if the registrant
is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b) (1): [ ]
Indicate by check mark if the registrant
is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b) (7): [ ]
DOCUMENTS INCLUDED AS PART
OF THIS FORM 6-K
See the Exhibit Index hereto.
SIGNATURES
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|
B2Gold Corp. |
|
|
|
|
|
|
|
|
|
Date: May 26,
2021 |
By: |
/s/ Roger Richer |
|
|
Name: |
Roger Richer |
|
|
Title: |
Executive Vice President, General Counsel & Secretary |
|
EXHIBIT INDEX
Exhibit
99.1
News Release
B2Gold’s Operations at its Fekola Mine
in Mali Continue Unimpeded
Vancouver, BC, May 26, 2021 – B2Gold
Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) announces that the Company is monitoring
the evolving political situation in Mali. B2Gold’s mining operations at its Fekola Mine have not been affected in any way and the
Company has continued normal mining and milling operations. The Company does not expect that any operational days will be lost due to
the political situation in the country and has confirmed that all B2Gold’s personnel are safe. The Fekola Mine is projected to produce
530,000 to 560,000 ounces of gold in 2021.
In addition, the Company has been made aware
that L’Union Nationale des Travailleurs du Mali (the National Union of Malian Workers) has ended the national strike action in the
country as of May 25, 2021, which to date had not had any significant impact on B2Gold’s operations in Mali.
B2Gold will continue to monitor the evolving
situation and work to ensure the safety of its personnel and that the Fekola mining operations continue normally, providing economic benefits
and job creation both to the communities around the mine and to regional and national governments. Foreign investment and political stability
in Mali are critical for the country.
B2Gold is committed to working with the governing
authorities in Mali in order to build on the strong relationship it has enjoyed to date. The Company will continue to work in a transparent
manner to ensure the continuation of the positive and mutually beneficial partnership between B2Gold and the Malian government for the
benefit of the Malian people and all stakeholders. This will include a continuation of the ongoing discussions with respect to renewal
of the Menankoto exploration permit, which the Company believes it is entitled to receive under proper application of Malian law.
B2Gold is one of the largest Canadian investors
in Mali and the Fekola Mine, in which the State of Mali has a 20% ownership interest, and is a flagship investment in the country’s
mining sector. In 2020, B2Gold produced 622,518 ounces of gold, an estimated 27% of Mali’s industrial gold production, from the
Fekola Mine, generating approximately US$300 million in revenues for Mali, comprised of taxes and dividends. Since the Fekola Mine commenced
production in 2017, it has generated approximately US$580 million in revenues for Mali.
The Company’s total investment in Mali
to date is more than US$1 billion and B2Gold is a significant employer with more than 2,200 employees, of which more than 93% are Malian
nationals. The Company paid approximately US$64 million in employee salaries and benefits in 2020. Through its investment, B2Gold has
provided major economic benefits including job creation, training, capacity building and community investments, including a recently announced
US$10 million Signature Agricultural Business Community Project to benefit local communities and provide sustainable livelihoods going
forward.
Since the Company commenced its investment in
Mali, B2Gold has always enjoyed a positive and mutually beneficial relationship with the Government of Mali. Most recently, B2Gold partnered
with the Government of Mali to assist the people of Mali facing challenges created by the COVID-19 pandemic, as well as its impact on
the mining sector. B2Gold continues to explore additional ways in which it might help the government deal with the impact of the pandemic.
About B2Gold Corp.
B2Gold is a low-cost international senior gold
producer headquartered in Vancouver, Canada. Founded in 2007, today, B2Gold has operating gold mines in Mali, Namibia and the Philippines
and numerous exploration and development projects in various countries including Mali, Colombia, Burkina Faso, Finland and Uzbekistan
B2Gold forecasts total consolidated gold production of between 970,000 and 1,030,000 ounces in 2021.
On
Behalf of B2GOLD CORP.
“Clive T. Johnson”
President & Chief
Executive Officer
For more information on B2Gold, please visit
the Company website at www.b2gold.com or contact:
Ian MacLean |
|
Katie Bromley |
Vice President, Investor Relations |
|
Manager, Investor Relations & Public Relations |
+1 604-681-8371 |
|
+1 604-681-8371 |
imaclean@b2gold.com |
|
kbromley@b2gold.com |
The Toronto Stock Exchange and NYSE American
LLC neither approve nor disapprove the information contained in this news release.
Production results and production guidance
presented in this news release reflect total production at the mines B2Gold operates on a 100% project basis. Please see our Annual Information
Form dated March 30, 2021 for a discussion of our ownership interest in the mines B2Gold operates.
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: projections; outlook; guidance; forecasts; estimates; and other
statements regarding future or estimated financial and operational performance, gold production and sales, revenues and cash flows, and
capital costs (sustaining and non-sustaining) and operating costs, including projected cash operating costs and AISC, and budgets on a
consolidated and mine by mine basis; the impact of the COVID-19 pandemic on B2Gold’s operations, including any restrictions or suspensions
with respect to our operations and the effect of any such restrictions or suspensions on our financial and operational results; the ability
of the Company to successfully maintain our operations if they are temporarily suspended, and to restart or ramp-up these operations efficiently
and economically, the impact of COVID-19 on the Company’s workforce, suppliers and other essential resources and what effect those
impacts, if they occur, would have on our business, our planned capital and exploration expenditures; future or estimated mine life, metal
price assumptions, ore grades or sources, gold recovery rates, stripping ratios, throughput, ore processing; statements regarding anticipated
exploration, drilling, development, construction, permitting and other activities or achievements of B2Gold; and including, without limitation:
total consolidated gold production of between 970,000 and 1,030,000 ounces in 2021; and gold production from the Fekola Mine of between
530,000 and 560,000 ounces in 2021. 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.
Forward-looking statements necessarily involve
assumptions, risks and uncertainties, certain of which are beyond B2Gold’s control, including risks associated with or related to:
the duration and extent of the COVID-19 pandemic, the effectiveness of preventative measures and contingency plans put in place by the
Company to respond to the COVID-19 pandemic, including, but not limited to, social distancing, a non-essential travel ban, business continuity
plans, and efforts to mitigate supply chain disruptions; escalation of travel restrictions on people or products and reductions in the
ability of the Company to transport and refine doré; the volatility of metal prices and B2Gold’s common shares; changes in
tax laws; the dangers inherent in exploration, development and mining activities; the uncertainty of reserve and resource estimates; not
achieving production, cost or other estimates; actual production, development plans and costs differing materially from the estimates
in B2Gold’s feasibility and other studies; the ability to obtain and maintain any necessary permits, consents or authorizations
required for mining activities; environmental regulations or hazards and compliance with complex regulations associated with mining activities;
climate change and climate change regulations; the ability to replace mineral reserves and identify acquisition opportunities; the unknown
liabilities of companies acquired by B2Gold; the ability to successfully integrate new acquisitions; fluctuations in exchange rates; the
availability of financing; financing and debt activities, including potential restrictions imposed on B2Gold’s operations as a result
thereof and the ability to generate sufficient cash flows; operations in foreign and developing countries and the compliance with foreign
laws, including those associated with operations in Mali, Namibia, the Philippines, Colombia and Burkina Faso and including risks related
to changes in foreign laws and changing policies related to mining and local ownership requirements or resource nationalization generally,
including in response to the COVID-19 outbreak; remote operations and the availability of adequate infrastructure; fluctuations in price
and availability of energy and other inputs necessary for mining operations; shortages or cost increases in necessary equipment, supplies
and labour; regulatory, political and country risks, including local instability or acts of terrorism and the effects thereof; the reliance
upon contractors, third parties and joint venture partners; the lack of sole decision-making authority related to Filminera Resources
Corporation, which owns the Masbate Project; challenges to title or surface rights; the dependence on key personnel and the ability to
attract and retain skilled personnel; the risk of an uninsurable or uninsured loss; adverse climate and weather conditions; litigation
risk; competition with other mining companies; community support for B2Gold’s operations, including risks related to strikes and
the halting of such operations from time to time; conflicts with small scale miners; failures of information systems or information security
threats; the ability to maintain adequate internal controls over financial reporting as required by law, including Section 404 of the
Sarbanes-Oxley Act; compliance with anti-corruption laws, and sanctions or other similar measures; social media and B2Gold’s reputation;
risks affecting Calibre having an impact on the value of the Company’s investment in Calibre, and potential dilution of our equity
interest in Calibre; as well as other factors identified and as described in more detail under the heading “Risk Factors”
in B2Gold’s most recent Annual Information Form, B2Gold’s current Form 40-F Annual Report and B2Gold’s other filings
with Canadian securities regulators and the U.S. Securities and Exchange Commission (the “SEC”), which may be viewed at www.sedar.com
and www.sec.gov, respectively (the “Websites”). The list is not exhaustive of the factors that may affect B2Gold’s forward-looking
statements
B2Gold’s forward-looking statements
are based on the applicable assumptions and factors management considers reasonable as of the date hereof, based on the information available
to management at such time. These assumptions and factors include, but are not limited to, assumptions and factors related to B2Gold’s
ability to carry on current and future operations, including: the duration and effects of COVID-19 on our operations and workforce; development
and exploration activities; the timing, extent, duration and economic viability of such operations, including any mineral resources or
reserves identified thereby; the accuracy and reliability of estimates, projections, forecasts, studies and assessments; B2Gold’s
ability to meet or achieve estimates, projections and forecasts; the availability and cost of inputs; the price and market for outputs,
including gold; foreign exchange rates; taxation levels; the timely receipt of necessary approvals or permits; the ability to meet current
and future obligations; the ability to obtain timely financing on reasonable terms when required; the current and future social, economic
and political conditions; and other assumptions and factors generally associated with the mining industry.
B2Gold’s forward-looking statements
are based on the opinions and estimates of management and reflect their current expectations regarding future events and operating performance
and speak only as of the date hereof. B2Gold does not assume any obligation to update forward-looking statements if circumstances or management’s
beliefs, expectations or opinions should change other than as required by applicable law. There can be no assurance that forward-looking
statements will prove to be accurate, and actual results, performance or achievements could differ materially from those expressed in,
or implied by, these forward-looking statements. Accordingly, no assurance can be given that any events anticipated by the forward-looking
statements will transpire or occur, or if any of them do, what benefits or liabilities B2Gold will derive therefrom. For the reasons set
forth above, undue reliance should not be placed on forward-looking statements.
This regulatory filing also includes additional resources:
ex991.pdf
B2Gold (AMEX:BTG)
Historical Stock Chart
From Apr 2024 to May 2024
B2Gold (AMEX:BTG)
Historical Stock Chart
From May 2023 to May 2024