History of the Department of Antioquia

B2Gold to Consolidate Gramalote Project by Acquiring AngloGold Ashanti’s 50% Stake

Retrieved on: 
Monday, September 18, 2023

VANCOUVER, British Columbia, Sept. 18, 2023 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce that is has entered into a purchase agreement with AngloGold Ashanti Limited (“AngloGold”) to acquire AngloGold’s 50% stake in the Gramalote project (the “Transaction”), located in the Department of Antioquia, Colombia (the “Gramalote Project”).

Key Points: 
  • VANCOUVER, British Columbia, Sept. 18, 2023 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce that is has entered into a purchase agreement with AngloGold Ashanti Limited (“AngloGold”) to acquire AngloGold’s 50% stake in the Gramalote project (the “Transaction”), located in the Department of Antioquia, Colombia (the “Gramalote Project”).
  • Upon completion of the Transaction, B2Gold will own 100% of the Gramalote Project.
  • Consolidates the Gramalote Project under one owner, providing additional optionality to analyze lower capital intensity, higher-return development opportunities for the Project: Historically, the Gramalote Project has been advanced under a joint venture between B2Gold and AngloGold, which has led to analyzing the project on a larger scale basis to provide meaningful production growth to both companies.
  • Under a single owner, different development opportunities will be assessed with the goal of delineating a project that maximizes the return for B2Gold as sole owner of the Gramalote Project.

Denarius Metals Announces a Maiden Mineral Resource Estimate of 718,000 Gold Equivalent Ounces at Its Zancudo Project in Colombia

Retrieved on: 
Wednesday, March 1, 2023

The Mineral Resource estimation process was completed by SRK using the initial geological models provided by Zancudo geological staff and refined by SRK.

Key Points: 
  • The Mineral Resource estimation process was completed by SRK using the initial geological models provided by Zancudo geological staff and refined by SRK.
  • SRK has completed the geological modelling and Mineral Resource estimate using Seequent Leapfrog.
  • The NI 43-101 report will include detailed information on the key assumptions, parameters and methods used to estimate the mineral resources.
  • Based on this conclusion, the Company and Aris Mining agreed to terminate the license agreement effective February 22, 2023.

Colombian Gold Stocks; Tax Incentives and Skilled Labour Make Colombia Ideal for Mining

Retrieved on: 
Thursday, September 16, 2021

Point Roberts, Washington and Delta, British Columbia--(Newsfile Corp. - September 16, 2021) - Investorideas.com , a leading investor news resource covering gold and mining stocks releases a special report on gold mining in Colombia and what makes Colombia such a draw for mining companies and investors.

Key Points: 
  • Point Roberts, Washington and Delta, British Columbia--(Newsfile Corp. - September 16, 2021) - Investorideas.com , a leading investor news resource covering gold and mining stocks releases a special report on gold mining in Colombia and what makes Colombia such a draw for mining companies and investors.
  • Colombia hosts high-grade underground mines and a rich history of mining across various commodities like gold, silver and copper.
  • At this mine, the O2Gold team sampled quartz vein chips in channels, obtaining gold values of up to 42.3 g/t.
  • Under the latest Colombia Tax Reform corporate income tax is 31% for 2021 and expected to be 30% for 2022 and onwards.