Business
B2Gold Reaches Agreement in Principle on the Menankoto Permit, Located Near the Fekola Mine
B2Gold Reaches Agreement in Principle on the Menankoto Permit, Located Near the Fekola Mi...
About this update from B2gold Corp.
[{"type":"text","content":"\n \n \n \n B2Gold Reaches Agreement in Principle on the Menankoto Permit, Located Near the Fekola Mine\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; VERTICAL-ALIGN: BOTTOM; 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 December 9, 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 \") is pleased to announce that it has reached an agreement in principle with the\n \n State of Mali\n \n in connection with the issuance of the Menankoto exploration permit (the \"\n \n Menankoto Permit\n \n \"). The Government of\n \n Mali\n \n has recently announced that it will grant a new exploration permit covering the same perimeter as the Menankoto Permit to a new Malian subsidiary of B2Gold. In consideration of this issuance of a new permit, B2Gold has undertaken to withdraw the arbitration proceedings that its Malian subsidiary, Menankoto SARL (\"\n \n Menankoto\n \n \"), commenced in\n \n June 2021\n \n against the Republic of\n \n Mali\n \n under the Convention on the Settlement of Investment Disputes Between States and Nationals of Other States.\n \n \n Based on the Government of\n \n Mali's\n \n recent announcement and related discussions, B2Gold expects that the new Menankoto Permit will be issued to its new Malian subsidiary prior to the end of 2021 in compliance with the procedures and requirements set out under the Malian 2019 Mining Code (previous permit had been issued under the Malian 2012 Mining Code), which provides for  an initial term of three years and renewable for 2 additional three year periods. The Company and the\n \n State of Mali\n \n are both pleased with this outcome and the process to reach this agreement, which was conducted in a fair a...