Exploration
B2Gold is planning another year of aggressive exploration in 2023 with a budget of approximately $64 million (excludes drilling included in the Gramalote Project budget). A significant focus will be in proximity to our operating mines in Mali, Namibia and the Philippines.
Ongoing exploration will continue to advance our early stage projects in Finland and Cote d’Ivoire. Target generation and pursuing new opportunities in prospective gold regions in Africa, South America, the Philippines, Central Asia and Canada continue. This generative initiative could include equity placements and new joint ventures with junior companies, similar to B2Gold's 2022 investment in Matador Mining Ltd. and its Cape Ray Gold project in Newfoundland.