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B2Gold Commences International Arbitration Proceedings Against the Republic of Mali Relating to the Menankoto Permit
B2Gold Commences International Arbitration Proceedings Against the Republic of Mali Relat...
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[{"type":"text","content":"\n \n \n \n B2Gold Commences International Arbitration Proceedings Against the Republic of Mali Relating to the Menankoto Permit\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n June 24, 2021\n \n /CNW/ - B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) (\"\n \n B2Gold\n \n \" or the \"\n \n Company\n \n \") announces an update on the Menankoto exploration permit (the \"\n \n Menankoto Permit\n \n \"), which forms a part of the\n \n Anaconda\n \n area and is located 20 kilometres north of the Fekola Mine license area. The Company's Malian subsidiary, Menankoto SARL (\"\n \n Menankoto\n \n \") has formally commenced international arbitration proceedings against the Republic of\n \n Mali\n \n in accordance with Article 36 of the Convention on the Settlement of Investment Disputes Between States and Nationals of Other States (\"\n \n ICSID Convention\n \n \") and the Rules of Procedure for the Institution of Conciliation and Arbitration Proceedings (the \"\n \n Institution Rules\n \n \"). The arbitration has been commenced pursuant to the arbitration clause set out in Section 31 of the Menankoto mining convention (the \"\n \n Convention\n \n \") governed by the 2012 Malian Mining Code (\"\n \n 2012 Mining Code\n \n \"), on the basis that the Republic of\n \n Mali\n \n breached its obligations to Menankoto under the Convention and under the 2012 Mining Code. Based on the terms of the Convention, the arbitration will be conducted by the International Centre for Settlement of Investment Disputes in\n \n Paris, France\n \n .\n \n \n Menankoto originally filed an extension application for the Menankoto Permit in\n \n October 2020\n \n in accordance with the requirements of the Conve...