VANCOUVER, April 16, 2020 /PRNewswire/ - B2Gold
Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) ("B2Gold" or
the "Company") announces that an employee at the Fekola
exploration camp, located approximately five kilometres from the
Fekola mine site, has tested positive for the COVID-19 virus. The
Fekola Mine, owned by the Company (80%) and the State of Mali (20%), is located in
southwestern Mali on the border
between Mali and Senegal, about 210 km south of Kayes and
approximately 40 km south of the city of Kéniéba. As the positive
case occurred in the exploration camp, some distance from the main
Fekola mine site, operations have not been impacted to date and the
mine continues to operate at full capacity. B2Gold places the
safety and wellbeing of its workforce as the highest priority and
continues to monitor public and employee sentiment to ensure that
stakeholders are in alignment with the continued operations at its
mines.
The employee tested positive for the COVID-19 virus on
April 15, 2020, after starting to
experience cold-like symptoms on April 12,
2020 and was immediately isolated at the Fekola exploration
camp. The individual remains in quarantine at the camp and is being
monitored by Company doctors and the local Kéniéba Health
Authority. The employee is currently in stable condition with only
moderate symptoms.
As a first measure of response, the Company immediately isolated
the entire Exploration Group within the Fekola exploration camp and
completed contact-tracing for anyone the individual may have come
into contact with on site or within the community. All individuals
identified by the contact-tracing residing outside of the Fekola
exploration camp were also immediately placed into quarantine. In
addition, the Fekola exploration camp is being thoroughly cleaned
and disinfected, a process which is also being continued at the
Fekola mine camp, which to date does not have any positive COVID-19
cases.
Since the declaration of COVID-19 as a worldwide pandemic, the
Fekola Mine has proactively implemented measures to contain the
spread of the virus at the mine site. These measures include the
restricted movement of people and goods (to include restriction of
personnel from outside of Mali and
prohibiting travel between the capital city (Bamako) and site); increased hygiene and
cleanliness; social distancing and remote working; isolation
procedures at site in the event of higher risk personnel arriving
to site (mandatory quarantine period); working with the surrounding
communities and developing contingency plans for potential
disruptions including increases of supplies. As part of these
contingency plans, the Fekola Mine had commenced a full isolation
of all staff on site (to be completed by April 19, 2020) related to operations. This will
further improve social distancing measures and continue to protect
all stakeholders in the area of Mali where the Company operates. All these
measures were put in place in close consultation with the
government, the Fekola mine workers union, the communities near the
mine and the employees operating on site.
B2Gold will continue to update its plan and response measures
based on the safety and wellbeing of its workforce, the severity of
the pandemic in areas where it operates, global response measures,
government restrictions and extensive community consultation. The
Company is working closely with national and local authorities and
will be monitoring each site's situation closely while ensuring the
safe operation of its mines.
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 Mali, Namibia and the
Philippines and numerous exploration and development
projects in various countries including Mali and Colombia. B2Gold continues to forecast
consolidated gold production of between 1,000,000 and 1,055,000
ounces in 2020.
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.
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; statements
regarding activities or achievements of B2Gold including, without
limitation: consolidated gold production of between 1,000,000 and
1,055,000 ounces in 2020. 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
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 Colombia and including risks related to
changes in foreign laws and changing policies related to mining and
local ownership requirements or resource nationalization generally;
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; 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 outcome of the ongoing tax assessment by the
Colombian Tax Office (DIAN) in respect of the Gramalote property;
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; 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 relating to B2Gold's
ability to carry on current and future operations, including:
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; 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.
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SOURCE B2Gold Corp.