Responsible Mining

Responsible Mining Report

B2Gold is proud of its responsible mining practices and sustainability achievements. The collective efforts of everyone who works at B2Gold have enabled us to achieve the great results shared in the 2022 edition of our Raising the Bar Responsible Mining Report. It is also imperative that we continue to strive for excellence by demonstrating sustainability leadership and exceeding stakeholder expectations. We look forward to the future and to meeting this challenge.

“B2Gold's unwavering commitment to responsible mining has been a cornerstone of our organizational culture since our inception over 15 years ago. We take pride in being a growth-oriented company that maintains high sustainability standards, and we approach new opportunities with discipline, innovation, and a focus on environmental stewardship and social responsibility.”

Clive Johnson, President & CEO, B2Gold Corp.

2022 Responsible Mining Report Highlights

Our Economic Contribution

  • $1.73 billion annual revenue 
  • $8.6 million spent on community investment 
  • $382 million paid to governments (through taxes and royalties) 
  • $148 million paid as employee wages and benefits 

Our Environment

  • Published our second Climate Strategy Report and committed to a target of 30% absolute reduction in Scope 1 and 2 GHG emissions by 2030 against a 2021 baseline 
  • 14.3% of total electricity consumed was from renewable sources in 2022 
  • Completed our Global Water Management Strategy 
  • No fines or sanctions 
  • No Level 3+ environmental incidents 

Our People

  • Achieved the target of 30% female representation on the Board 
  • 97.8% local employment 
  • 13.6% female overall 
  • 24.6% female in senior positions 
  • Lost Time Injury Frequency Rate reduced from 0.06 to 0.05 

Our Communities

  • Completed third-party audits of the Social Performance Standards at the Masbate Gold Project  
  • Established the cross-departmental Fekola Social Performance Committee 
  • FEMA Project partnership to improve conditions for women and children living in artisanal and small-scale mining (ASM) communities 
  • Developing a customized VPSHR e-learning program for Fekola workers 

Our 2023 Targets

Our Economic Contribution

  • 2023 production forecast: 1,000,000 to 1,080,000 ounces
  • aggressive exploration campaign with a budget of approximately $64 million

Our Environment

  • Develop site-specific Climate Action Plans 
  • Develop site-specific Operational Water Strategies
  • No level 4+ incidents

Our People

  • Local employment ≥ 95% at all operations
  • Increase local representation at Senior Management(2) level(1)
  • Annual turnover (natural attrition) < 10%
  • Increase female representation in senior positions
  • Increase female participation throughout the organization
  • Conduct an annual comprehensive examination of pay equity across operations
  • Zero fatalities 
  • Reduce TRIFR from 2022 level 

Our Communities

  • Revise operational community feedback mechanisms to align with the corporate Community Feedback Procedure
  • Establish an ASM Management Strategy in Mali 
  • Establish Cultural Heritage Management Plans at all operations
  • Zero substantiated allegations of Human Rights abuses

2022 Responsible Mining Report Resources

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