Nexus Gold Reveals Share Debt Consolidation

To see or download a copy of the Accountable Mining Report and Environment Method Report and all other files described in this news release, please check out All dollar figures remain in United States dollars unless otherwise suggested.

In revealing the release of the reports, Clive Johnson, President & & CEO of B2Gold, specified, “At B2Gold, accountable mining is an essential element of our organizational culture and has actually been considering that the development of our Business over 15 years back. We pride ourselves on having the ability to handle accretive development and advancement whilst staying committed to promoting and incorporating our high sustainability requirements. Our vibrant, and often contrarian method, takes discipline– discipline to endeavor into brand-new locations, pursue difficult chances, and to discover ingenious services to the barriers these days. As we assess the 2022 year, I want to applaud our worldwide groups for the work they have actually done to improve our social and ecological efficiency as we continue to raise the bar on our own efficiency and set enthusiastic objectives for our future. Among these objectives is reacting to the obstacles of the environment emergency situation through the application of our Environment Method, and following this method with action. In 2023, we will be progressing with the growth of the Fekola solar plant in Mali, with building anticipated to start in the 3rd quarter. The growth is predicted to increase solar energy capability by 22 megawatts, decrease GHG emissions by around 24,000 tonnes each year and decrease heavy fuel oil intake by a typical 7.6 million litres each year. B2Gold’s Environment Method will finest position us and our stakeholders to continue to grow as society shifts to a low-carbon economy.”

Emphasizes from the 2022 “Raising the Bar” Accountable Mining Report

Financial Contribution

As an accountable gold miner, B2Gold intends to develop and disperse financial worth amongst its stakeholders. The Business’s effective service lead to 2022 are commemorated by its investors together with the lots of stakeholders in the nations, areas, and neighborhoods where it runs. B2Gold’s financial efficiency is determined by the financial worth that it creates for others, consisting of payments to federal governments through taxes and royalties, regional hiring and procurement, and financial investment in neighborhoods. In 2022, B2Gold:

  • Attained a seventh successive year of conference or surpassing yearly production assistance, with an overall gold production of 1,027,874 ounces 1 ;
  • Created $1.73 billion in yearly income;
  • Paid $ 148 million in staff member earnings and advantages;
  • Used $ 8.6 million on neighborhood financial investment; and
  • Paid $ 382 million to federal governments (through taxes and royalties).

B2Gold is devoted to taking full advantage of regional and nationwide financial gain from its contracting and getting. The Business understands the high top priority that host neighborhoods and federal governments put on regional procurement, which is why it offers choice to regional services where possible, offered they fulfill minimum security, quality, ethical, and expense requirements, in sourcing the products and services essential to run its operations. In 2022, over 62% of products and services were acquired from regional and host nation services. Numerous 2022 success stories are laid out in the Report.

Consists of 54,871 ounces of attributable production from Calibre Mining Corp.


As a trusted business person, B2Gold creates regional work and chances for individuals to establish their professions; trains workers to obtain brand-new abilities; and opens doors to females, under-represented groups, and previously-disadvantaged individuals. The Business promotes favorable and efficient engagement with workers and offers safe offices, and thinks that purchasing individuals draws in and maintains gifted people and helps in their capabilities to attend to themselves, their households, and their futures.

At the end of 2022, B2Gold utilized 4,995 individuals throughout all operations, which made up 4,836 direct workers and 159 monitored labour workers. The Business continues to preserve high regional work rates by targeting recruitment efforts at local and nationwide levels. Throughout all operations, 97% of the overall labor force was consisted of regional workers, and 65% of senior management at operations was regional.

B2Gold carried out a three-year Equity, Variety and Addition (” EDI”) Method in 2020 through to 2022. As part of this work, an EDI Workplaces Policy and a Variety Policy for Board and management-level positions were carried out. The Variety Policy developed targets for 30% female representation on the Board and in management-level positions. In going over the EDI Method, Clive Johnson specified, “Improving equity and variety results are a significant location of focus for B2Gold as we move towards our objectives of 30% female representation in Board and management-level positions. We just recently attained among these turning points with the visit of Lisa Pankratz to our Board of Directors on January 1, 2023. Increasing the variety of females in management positions sends out a strong message throughout our company that B2Gold values a varied labor force.”

Health And Wellness

As an outcome of B2Gold’s concentrate on injury avoidance, the Business is as soon as again delighted to report that it has actually kept a zero-fatality work environment (for the seventh successive year), and in 2022 even more minimized its injury frequency rates with a Lost Time Injury Frequency Rate of 0.05, and an Injury Seriousness Rate of 1.79.

Regardless of a small boost in the Overall Recordable Injury Frequency Rate to 0.31 in 2022, up from 0.27 in 2021, B2Gold’s injury frequency rates stay among the most affordable in the mining market. While B2Gold’s security efficiency stays strong, the Business’s objective continues to be injury and disease avoidance and sending out everybody ‘HOME-SAFE’.


In 2022, B2Gold established a Sustainability Strategic Strategy (” Strategic Strategy”), which recognizes crucial ecological and social elements for enhancement and specifies particular goals for its operations. The Strategic Strategy offers a plan for enhanced ecological and social threat management and efficiency in line with the Business’s ESG top priorities.

The Business’s water management dedication consists of comprehending the accessibility and usages of water within the watersheds where it runs and establishes management techniques that decrease or reduce its influence on water quality and amount. In early 2023, B2Gold started the application of a Worldwide Water Method, in line with the International Council on Mining and Metals’ water stewardship structure, in order to decrease water-related threats throughout business and to enhance water management efficiency.

B2Gold’s upgraded Environment Method Report consists of a comprehensive description of the governance and oversight of the environment method, summary of the physical and shift threat evaluation and environment situation analysis, decarbonization path, and environment targets and metrics.


B2Gold preserves its social licence to run by developing trust-based relationships with stakeholders and executing neighborhood financial investment activities based upon regional ownership and advancement top priorities. Emphasizes of the 2022 neighborhood financial investment programs consist of:

  • Fekola’s social financial investment activities have actually enhanced access to safe water and access to main healthcare through the building of 2 health centres, income chances through females’s gardening and poultry/fish farming tasks, and school admissions through the building of 2 schools. B2Gold, in collaboration with Global Affairs Canada, is likewise supporting the FEMA Job ( Femmes et Enfants des Communautés Minières Artisanales ), which intends to enhance conditions for females and kids residing in artisanal mining neighborhoods within the Fekola Mine’s location of impact.
  • At Masbate, neighborhood financial investment concentrated on education, access to health services and centers, business advancement, income advancement, and training. Masbate is partnering with the Philippines Department of Details and Communications Innovation on the Digital Jobs Job. The task offers training to neighborhood members in numerous technical courses such as virtual support, web advancement, seo, graphic style, e-commerce, and online accounting.
  • Otjikoto supported early youth advancement programs, main and secondary schools, employment training, and small business advancement in 2022. The Business continued its multi-year collaboration with UNICEF to support UPSHIFT, a social development and entrepreneurship program created to construct abilities and develop chances for youths.

Method to Reporting

B2Gold is devoted to the openness of its sustainability threats, management, and efficiency. The Report is lined up with the International Reporting Effort Standards and the Sustainability Accounting Standards Board Requirement. The Business securely thinks that the mining market has a chance to contribute favorably to the United Nations Sustainable Advancement Goals and it has actually reported its contribution in this regard considering that 2018.

Emphasizes from the 2022 Environment Method Report

2022 Emphasizes

  • B2Gold devoted to a greenhouse gas (” GHG”) emissions decrease target of a 30% decrease in Scope 1 and 2 emissions by 2030 versus a 2021 standard.
  • Carried out environment situation analysis workshops with each of our operations to recognize pertinent hazards and chances as postured by environment modification and the low-carbon shift and focus on these threats according to the quantity of effect they might have on the website, and the type and quantity of action needed to resolve the threat.
  • Examined threat management procedures to make sure addition of climate-related threats in the website threat management and Business Threat Management procedures.
  • The Otjikoto operation commissioned its connection to the Namibian grid, which is approximated to decrease yearly power generation emissions by more than 30% due to renewable resource sources within the Namibian grid.
  • The overall Scope 1 and 2 GHG emissions (for the Fekola, Masbate and Otjikoto operations) and emissions strength both increased a little from 2021. The Scope 1 and 2 GHG emissions was an approximated 739 thousand tonnes co2 equivalent (” CO 2 e”) in 2022 (versus 722 thousand tonnes in 2021). The Business’s combined GHG emissions strength was 0.76 tonnes CO 2 e per gold ounce produced in 2022 (versus 0.73 in 2021) due to growth activities in Mali.
  • The percentage of electrical power created from eco-friendly sources increased considerably to 14.3% in 2022 from 9.5% in 2021, for combined operations.

Looking Forward– 2023 and Beyond

  • In order to accomplish the Business’s GHG emissions decrease target, B2Gold is pursuing numerous efforts to increase the percentage of renewable resource sources in its electrical power supply, to amaze operations, and to enhance energy performance.
  • The Business is progressing with the growth of the Fekola solar plant in Mali, with building anticipated to start in the 3rd quarter of 2023. The growth is predicted to increase solar energy capability by 22 megawatts, decrease GHG emissions by around 24,000 tonnes each year, and decrease heavy fuel oil intake by a typical 7.6 million litres each year.
  • In 2023, all operations will establish site-specific Environment Action Plans, developing on the dedications of the worldwide environment method and making sure website ownership in the recognition and application of regional environment actions.

About B2Gold

B2Gold is an affordable global senior gold manufacturer headquartered in Vancouver, Canada. Established in 2007, today, B2Gold has running cash cow in Mali, Namibia and the Philippines and various expedition and advancement tasks in numerous nations consisting of Canada, Mali, Finland and Uzbekistan. B2Gold projections amount to combined gold production of in between 1,000,000 and 1,080,000 ounces in 2023.


“Clive T. Johnson”
President & & President

The Toronto Stock Market and NYSE American LLC neither authorize nor disapprove the details included in this press release.

Production assistance provided in this press release show overall production at the mines B2Gold runs on a 100% task basis. Please see our Yearly Details Kind dated March 16, 2023 for a conversation of our ownership interest in the mines B2Gold runs.

This press release consists of particular “positive details” and “positive declarations” (jointly “positive declaration”) within the significance of relevant Canadian and United States securities legislation, consisting of: forecasts; outlook; assistance; projections; price quotes; declarations concerning future or approximated monetary and functional efficiency, gold production and sales, incomes and capital, and capital expenses (sustaining and non-sustaining) and running expenses, and consisting of, without constraint: overall combined gold production of in between 1,000,000 and 1,080,000 ounces in 2023; the Business decreasing its GHG by 30% by 2030 versus a 2021 standard; the Fekola solar plant growth increasing solar energy capability by 22 MWac, decreasing GHG emissions by around 24,000 tonnes each year and decreasing heavy fuel oil intake by a typical 7.6 million liters each year; and building of the Fekola solar plant growth task starting in the 3rd quarter of 2023 and finishing in the 3rd quarter of 2024. All declarations in this press release that resolve occasions or advancements that we anticipate to take place in the future are positive declarations. Positive declarations are declarations that are not historic realities and are typically, although not constantly, recognized by words such as “anticipate”, “strategy”, “expect”, “task”, “target”, “possible”, “schedule”, “projection”, “budget plan”, “price quote”, “mean” or “think” and comparable expressions or their unfavorable undertones, or that occasions or conditions “will”, “would”, “might”, “might”, “ought to” or “may” take place. All such positive declarations are based upon the viewpoints and price quotes of management since the date such declarations are made.

Positive declarations always include presumptions, threats and unpredictabilities, particular of which are beyond B2Gold’s control, consisting of threats related to or associated to: the volatility of metal rates and B2Gold’s typical shares; modifications in tax laws; the risks fundamental in expedition, advancement and mining activities; the unpredictability of reserve and resource price quotes; not accomplishing production, expense or other price quotes; real production, advancement strategies and expenses varying materially from the price quotes in B2Gold’s expediency and other research studies; the capability to acquire and preserve any essential licenses, authorizations or permissions needed for mining activities; ecological guidelines or risks and compliance with intricate guidelines related to mining activities; environment modification and environment modification guidelines; the capability to change mineral reserves and recognize acquisition chances; the unidentified liabilities of business obtained by B2Gold; the capability to effectively incorporate brand-new acquisitions; variations in currency exchange rate; the accessibility of funding; funding and financial obligation activities, consisting of possible constraints troubled B2Gold’s operations as an outcome thereof and the capability to produce adequate capital; operations in foreign and establishing nations and the compliance with foreign laws, consisting of those related to operations in Mali, Namibia, the Philippines and Colombia and consisting of threats associated with modifications in foreign laws and altering policies associated with mining and regional ownership requirements or resource nationalization typically; remote operations and the accessibility of sufficient facilities; variations in rate and accessibility of energy and other inputs essential for mining operations; lacks or boost in essential devices, materials and labour; regulative, political and nation threats, consisting of regional instability or acts of terrorism and the results thereof; the dependence upon professionals, 3rd parties and joint endeavor partners; the absence of sole decision-making authority associated to Filminera Resources Corporation, which owns the Masbate Job; obstacles to title or surface area rights; the reliance on crucial workers and the capability to bring in and maintain knowledgeable workers; the threat of an uninsurable or uninsured loss; negative environment and climate condition; lawsuits threat; competitors with other mining business; neighborhood assistance for B2Gold’s operations, consisting of threats associated with strikes and the stopping of such operations from time to time; disputes with little scale miners; failures of details systems or details security hazards; the capability to preserve sufficient internal controls over monetary reporting as needed by law, consisting of Area 404 of the Sarbanes-Oxley Act; compliance with anti-corruption laws, and sanctions or other comparable steps; social networks and B2Gold’s credibility; threats impacting Calibre having an effect on the worth of the Business’s financial investment in Calibre, and possible dilution of our equity interest in Calibre; in addition to other aspects recognized and as explained in more information under the heading “Threat Elements” in B2Gold’s latest Yearly Details Kind, B2Gold’s present Kind 40-F Yearly Report and B2Gold’s other filings with Canadian securities regulators and the U.S. Securities and Exchange Commission (the “SEC”), which might be seen at and, respectively (the “Site”). The list is not extensive of the aspects that might impact B2Gold’s positive declarations

B2Gold’s positive declarations are based upon the relevant presumptions and aspects management thinks about sensible since the date hereof, based upon the details offered to management at such time. These presumptions and aspects consist of, however are not restricted to, presumptions and aspects associated with B2Gold’s capability to continue present and future operations, consisting of: the timing, degree, period and financial practicality of such operations, consisting of any mineral resources or reserves recognized therefore; the precision and dependability of price quotes, forecasts, projections, research studies and evaluations; B2Gold’s capability to fulfill or accomplish price quotes, forecasts and projections; the accessibility and expense of inputs; the rate and market for outputs, consisting of gold; foreign exchange rates; tax levels; the prompt invoice of essential approvals or licenses; the capability to fulfill present and future commitments; the capability to acquire prompt funding on sensible terms when needed; the present and future social, financial and political conditions; and other presumptions and aspects typically related to the mining market.

B2Gold’s positive declarations are based upon the viewpoints and price quotes of management and show their present expectations concerning future occasions and running efficiency and speak just since the date hereof. B2Gold does not presume any responsibility to upgrade positive declarations if scenarios or management’s beliefs, expectations or viewpoints ought to alter aside from as needed by relevant law. There can be no guarantee that positive declarations will show to be precise, and real outcomes, efficiency or accomplishments might vary materially from those revealed in, or indicated by, these positive declarations. Appropriately, no guarantee can be considered that any occasions expected by the positive declarations will take place or take place, or if any of them do, what advantages or liabilities B2Gold will obtain therefrom. For the factors state above, unnecessary dependence needs to not be put on positive declarations.

 For more details on B2Gold please check out the Business site at or contact: Michael McDonald VP, Financier Relations & & Corporate Advancement +1 604-681-8371 [email protected] Cherry DeGeer Director, Corporate Communications +1 604-681-8371 [email protected] 

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