B2Gold locks up funding for Fekola in Mali

摘要

Mid-tier gold producer B2Gold (TSX: BTO; NYSE-MKT: BTG) has nailed down financing for its next expansion at the multimillion-ounce Fekola gold project in Mali. B2Gold picked up the Fekola concessions in mid-2014 in an all-share deal for Australia-based Papillon Resources that valued it at US$570 million. The property sits 400 km west of the Malian capital of Bamako along the border with Senegal.