Avanti Gold appoints MacLean as CEO

Ian MacLean, former vice president of investor relations at B2Gold, has been appointed as the new chief executive officer for Avanti Gold, effective May 6. MacLean, with 25 years in mining, played key roles in the formation and success of several mining ventures, demonstrating an aptitude for driving transformative growth and cultivating sustainable shareholder value, the miner said. It added…

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Wärtsilä to ensure Masbate remains powered on

Photo: B2Gold Technology group Wärtsilä has signed a five-year renewal of its operation and maintenance agreement with B2Gold subsidiary Philippine Gold Processing & Refining for the Masbate gold mine power plant.  Wärtsilä has operated and maintained the plant, which is the sole source of electricity for the remote mine, since 2009. “The plant’s availability, efficiency and reliability are critical to…

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B2Gold to become sole owner of Gramalote

B2Gold has entered into a purchase agreement with AngloGold Ashanti to acquire AngloGold’s 50% stake in the Gramalote project, located in the department of Antioquia, Colombia. Upon completion of the transaction, B2Gold will own 100% of the gold project. Historically, Gramalote has been advanced under a joint venture between B2Gold and AngloGold, which has led to analyzing the project on…

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B2Gold completes Sabina takeover

Senior gold producer B2Gold has finalized its C$1.2 billion acquisition of Sabina Gold & Silver, which gives the company control of the Back River Gold District located in southwestern Nunavut, Canada. Consisting of five mineral claim blocks along an 80-kilometer belt, the district is home to the fully permitted, construction-ready Goose project. The project contains measured and indicated mineral resources…

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