Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum B2Gold Corp T.BTO

Alternate Symbol(s):  BTG

B2Gold Corp. is an international gold producer. The Company has operating gold mines in Mali, Namibia and the Philippines, the Goose Project under construction in northern Canada, and numerous development and exploration projects in various countries, including Mali, Colombia, and Finland. The Fekola Mine is located in southwest Mali, on the border between Mali and Senegal, approximately 500... see more

TSX:BTO - Post Discussion

B2Gold Corp > Done deal?
View:
Post by MaterialsMan on Aug 29, 2023 9:04am

Done deal?

The president of Mali has signed the new mining laws into effect.
Many details are supposedly unclear. e.g.inclusion of existing operations.
The intent is to raise the contribution to GDP from 10% to 20%.
 As part of the announcement, the government is claiming that they have been cheated out of about 350 billion dollars by the gold mining companies.
They intend to recover it.
Comment by tootall123 on Aug 29, 2023 9:47am
Mali is one of the most poorest country on the planet and will be more poorer if and when B2Gold and Barick stop mining there... Ranked 175th out of 188 countries on the United Nations Development Programme's 2016 Human Development Index, Mali is one of the poorest countries in the world: nearly 45% of its population lives below the national poverty line. Almost 65% of the Malian ...more  
Comment by BlindMouser on Aug 29, 2023 10:21am
I guess they have nothing to lose and everything to gain by instituting sweeping changes then.. Or inviting a new partner into bed. Buh Bye BTO, Buh Bye Parrotman's dreams of retirement.
Comment by MaterialsMan on Aug 29, 2023 10:10am
My bad! Can't believe I said dollars. The 350 billion referred to CFA franks (the Mali Currency).  That translates to about 700 million.  Even that would be a big hit, depending on B2's share.
Comment by tootall123 on Aug 29, 2023 10:46am
(I guess they have nothing to lose and everything to gain by instituting sweeping changes then.. Or inviting a new partner into bed. Buh Bye BTO, Buh Bye Parrotman's dreams of retirement.) Only a dumb naive loser and liar MinyMouse would post this. He/Thing MinyMouse thinks that BTO only mine gold operations are in Mali.... GOLD IS KING...