FAQ's

When was B2Gold created?
B2Gold Corp. is a Vancouver based exploration and development company formed in 2007, by the former management team of Bema Gold Corporation. Bema was acquired by Kinross Gold Corporation through a Cdn$3.5 billion transaction in February 2007.  

Who is the management of B2Gold?
Click here to read about the management team of B2Gold.

How do I get a B2Gold brochure?
A B2Gold brochure can be obtained by downloading it here or by requesting information.

How can I contact B2Gold investor relations?
Investor relations can be contacted via email at investor@b2gold.com or by phone on 604-681-8371 or toll free on 1-800-316-8855.

Is Colombia a politically safe place for foreign mining companies to do business?
Colombia is an attractive place for mining investment because of its great geologic potential and ideal political and economic environment. Colombia is increasingly an important foreign investment destination.

The Colombian mining sector has benefited from several key events including the success of the Democratic Security Program, the Colombian government’s policy regime to stimulate investment, and macroeconomic stability that has contributed to an economic growth rate of 7%.

The presence of major mining and political figures, as well as the availability of free geological information, will be of benefit for interested investors. Large foreign mining companies are vital to Colombia’s mining sector.

For more information on Colombia please click here……….

The ‘democratic security’ program of president Álvaro Uribe, re-elected in May 2006, has succeeded in restoring government authority over patches of the country formerly threatened by guerrilla and paramilitary groups. On the strength of security improvements, the economy is growing, purchasing power is rising, unemployment is declining, exiles are returning and capital is flowing in.

There have been “exponential” improvements in security under the Uribe government. The administration’s single biggest achievement has been to return trust and improve the image of Colombia.

Mr. Uribe attended the second annual International Mining Fair and Conference event in Medellin in September 2006, answering questions from mining professionals and local officials. The mining sector is benefiting from improvements to the institutional framework, which includes an amended mining code presented to Congress by the minister of mining and energy. The amendments include changes to mining land titles and the reduction of corporate tax rates to help boost investment in mining.

With appropriate risk mitigation strategies in place, Colombia is a very good place to do business. The country is phenomenally well endowed with minerals, and is seen as a fertile breeding ground for international management talent. Employees are well educated, smart, professional, hardworking, passionate and loyal.

Colombia, which has been underinvested in the past, is re-engaging with the global business community. Sound macroeconomic policies are being pursued and new markets are being sought. Free trade agreements have been completed with Central America and the US, and negotiations are currently underway with Chile, and after four years of knocking on the door of the EU, the Andean Community has signed an association agreement.

Is Russia a politically safe place for foreign mining companies to do business?
The growth of the Russian economy, since the 1998 crisis, and the establishing of relatively predictable political framework and legal environment, has led to an increase of the attractiveness of Russian market in international business.  Domestic industrial production has been revived and the consequent need for capital investments, has led to growing living standards resulting in increased consumer spending. EDC (Economic Development Canada) has identified Russia as one of its top five priority markets.

Today, the country holds investment-grade credit ratings from the world's three leading credit agencies - Moody's, Standard & Poor's (S&P), and Fitch. Its foreign debt has declined from 90 per cent of GDP in 1998 to around 28 per cent, and its foreign reserves hit $170 billion by the end of 2004. While Russia remains vulnerable to fluctuations in oil prices, its currency has appreciated, and its gross domestic product (GDP) growth rate is healthy at roughly 6.7 per cent.

In this economic and political environment, business activity between Russia and Canada is on the rise. EDC's business volume in Russia increased from about US$13 million in 2003 to US$501 million in 2005. The priority sectors for EDC in Russia are mining, energy, telecom, forestry and agricultural equipment.

For more information on Russia please click here……….

Political stability has steadily increased since Vladimir Putin took over from Boris Yeltsin as President in 2000. Putin enjoys substantial support from parliament, state organizations and local enterprises, and a good public opinion rating. As a result, policymaking proceeds with little interference from the legislature.

Putin's approach has been to recentralize many state functions. He believes a strong state is necessary for democracy and that politics must be managed as the state achieves full democracy. Other priorities include security and stability.

Under Putin’s administration there is also some clear attempt to simplify the existing Russian legislation. There is still a way to go but the Russian political and legal framework at the moment is more stable than ever.

Structural reforms focused on strengthening the investment climate through a combination of tax reform, deregulation, enhancing property rights, and developing financial markets and institutions. Tax reforms simplified the tax system, reduced the tax burden, and broadened the tax base. New laws were introduced on business registration, licensing, and inspections; a new Land Code established the general principle of land ownership for urban land; and a new Labour Code liberalised the hiring and firing of workers and clarified employees' rights. A pilot scheme was initiated for introduction of International Accounting Standards (IAS) and anti-money laundering legislation was adopted.

What is Gold used for?
From the first discoveries of gold in ancient times, its beauty and the ease with which it could be worked inspired craftsmen to create it into ornaments, not just for adornment, but as symbols of wealth and power.

Today, gold jewelry is more a mass- market product, although in many countries still treasured as a basic form of saving. Jewelry fabrication is the crucial cornerstone of the gold market, annually consuming all gold that is newly mined. The continuing success of the mining industry is inextricably linked with the fortunes of the jewelry trade.

The other major use of gold is for industrial purposes. Gold's superior electrical conductivity, its malleability, and its resistance to corrosion have made it vital to the manufacture of components used in a wide range of electronic products and equipment, including computers, telephones, cellular phones, and home appliances.

What factors drive the price of Gold?
The seven major forces driving gold today include; a falling U.S. dollar, rising real inflation, a commodity super-cycle, geopolitical risks, Wall Street's ETFs, Internet growth and U.S. Mint promotion.

During 2001-2006, prices more than doubled, but that's without widespread public participation. So far from 2007 gold prices have remained strong, based on growing concerns such as rising interest rates and inflation, soaring debt and deficits, dollar declines and ongoing Mid-East turmoil.

What is Silver used for?
Demand for silver is built on three main pillars; industrial and decorative uses, photography, and jewelry and silverware. Together, these three categories represent more than 95 percent of annual silver consumption. In 2006, 430.3 million ounces of silver were used for industrial applications, while over 145.8 million ounces of silver were committed to the photographic sector, 165.8 million ounces were consumed in the jewelry market, and 59.1 million ounces were consumed in the silverware market.

Silver has a number of unique properties including its strength, malleability and ductility, its electrical and thermal conductivity, its sensitivity to and high reflectance of light and the ability to endure extreme temperature ranges. Silver’s unique properties restrict its substitution in most applications. Because silver is such a good conductor of electricity, it is used in many electrical applications, including switches, contacts and fuses. Almost all electrical appliances use silver contacts and switches. Microwaves, dishwashers, TVs, telephones, toys and computers all contain silver.

Silver's attractiveness and the ease with which it can be worked make it a popular material for use in jewelry. Silver was also one of the earliest metals used to make coins.

What factors drive the price of Silver?
In 2005, the silver price experienced a 10 percent increase over the average 2004 price of $6.65 per ounce, to an average of $7.31 per ounce. In 2006, the silver price experienced a 58 percent increase over the average 2005 price of $7.31 per ounce. The silver price reached levels not seen in 26 years and was the leader when compared with gold (36 percent increase) and platinum (27 percent increase). The primary factor driving the stronger silver price was the continued strength of investment demand, which returned in earnest in 2005, was sustained in 2006.

The early part of 2006 was dominated by speculative buying, mainly by hedge funds ahead of the launch of the world’s first silver-backed Exchange Traded Fund (ETF). There was a big jump in investor interest ahead of the ETF and then further growth in demand as the ETF was launched, and in succeeding months.

Much of the investment demand can also be attributed to the successful launch of Barclays' Global Investors iShares Silver Trust ETF, which was introduced in late April 2006.

Restrained growth in mine production and very robust overall fabrication demand is also a contributor to the huge hike in the silver price.
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