B2Gold gives full support to local communities for sustainable success
Being among Canada's fastest-growing gold producers, B2Gold approaches business with an understanding that discovering gold in the mines is just as vital as sharing the wealth with local communities. The company spends as much as US$13 million in community investments every year.
Being among Canada's fastest-growing gold producers, B2Gold approaches business with an understanding that discovering gold in the mines is just as vital as sharing the wealth with local communities. The company spends as much as US$13 million in community investments every year.
Supporting the development of education, health and small-business development in its communities, B2Gold leverages a dynamic exploration arm, strong finances and a strategic market position that allow it to pursue the most promising opportunities.
"B2Gold prides itself on not only discovering opportunities, but generating them as well. We ensure that local communities see the rewards from the development initiatives that come with our presence," says Dale Craig, vice-president of operations.
With a capitalisation reaching US$1.5 billion, the company has grown from producing 109,000 ounces of gold in 2010 to turning out nearly 374,000 ounces in 2013, and targets to ramp it up to more than 400,000 ounces this year through its three operating mines.
Two of the mines are in Nicaragua and one is in the Philippines, where it donated US$1 million to support Typhoon Haiyan victims. B2Gold has also established a charitable campaign among employees and investors to help in the typhoon-stricken region's rehabilitation.
The firm anticipates its output reaching as much as 550,000 ounces of gold in 2015 with the completion of the Otjikoto Gold Mine in Namibia. Its acquisition of Volta Resources last year also expanded its portfolio, including an advanced-stage asset in Burkina Faso - adding to its other development and exploration assets around the world.
