Tag: #B2Gold

Calibre Mining and Centerra Gold have started the Siuna drill program

Calibre Mining and Centerra Gold have started the Siuna drill program

Calibre Mining (CXB.V) and Centerra Gold (CG.TO) are moving ahead with their joint venture on the Siuna gold project in Northeast Nicaragua, as the companies have started a 1,800 meter drill program (which very likely has been completed by now) to test the new high-priority drill target, whilst CXB and […]

Arena Minerals will drill 46 holes on the JOGMEC area this year

Arena Minerals will drill 46 holes on the JOGMEC area this year

Arena Minerals (AN.V), one of the most interesting exploration companies in South America, has confirmed its joint venture partner JOGMEC is planning to continue to work at the Pampa Union block in Chile after analyzing the discovery hole from last year. JOGMEC confirmed it will drill no less than 46 […]

Calibre Mining has initiated a 5,500 meter drill program in Nicaragua

Calibre Mining has initiated a 5,500 meter drill program in Nicaragua

Calibre  Mining (CXB.V) must feel pretty well, as the company is exploring no less than three different targets with three different joint venture partners that are throwing their own money at proving up resources. IAMgold (IAG) has notified Calibre Mining it has started a 5,500 meter drill program which will […]

Calibre Mining continues to hit the sweet stuff

Calibre Mining continues to hit the sweet stuff

Calibre Mining (CXB.V) has released more drill results from its Eastern Borosi project in Nicaragua, where the company has a joint venture with IAMgold (IMG.TO, IAG). The company intercepted some very interesting high-grade but short intervals such as 1.4 meters of in excess of 3 ounces of gold per tonne […]

B2Gold’s Otjikoto mine causes a 20% jump in gold output

B2Gold’s Otjikoto mine causes a 20% jump in gold output

B2Gold (BTO.TO, NYSE:BTG) has announced it produced just over 115,000 ounces of gold in the first quarter of this year and this production jump is mainly caused by an excellent pre-production performance at the company’s newest Otjikoto mine in Namibia where almost 20,000 ounces of gold were produced. That specific […]

B2Gold’s operating performance doesn’t disappoint

B2Gold’s operating performance doesn’t disappoint

B2Gold (BTO.TO, NYSE:BTG) has released its financial statemens for the third quarter of this year in November, and fortunately there weren’t any big surprises. The company produced just over 90,000 ounces of gold at a cash cost of $732/oz which was in line with expectations. What’s more important is the […]

Avnel Gold increases its indicated resources

Avnel Gold increases its indicated resources

Avnel Gold Mining (AVK.TO) has announced a resource update on its 80%-owned Kalana gold project in Mali, Africa. The total amount of ounces in the indicated category now stands at roughly 2 million at an average grade of 4.36g/t (undiluted), with a pit-constrained resource estimate of approximately 1.9 million ounces. […]

Report: Red Eagle Mining

Report: Red Eagle Mining

As the gold price has been moving lower and lower, investors have changed their preference from large-scale megalomanous projects to smaller and more financeable projects and companies. Red Eagle Mining (RD.V) is one of this companies that is a perfect fit for investors looking for low-capex and high-margin projects.

B2Gold now owns 15% of Calibre Mining

B2Gold now owns 15% of Calibre Mining

B2Gold (BTO.TO, NYSEMKT:BTG) has announced it has exercised 10M warrants at C$0.05 in Calibre Mining (CXB.V). This means that B2Gold’s stake in the junior exploration company has increased to just over 15% (up from 10.6%), and that Calibre experienced a cash inflow of C$500,000. This indicates B2Gold is quite happy […]