B2Gold - CEO, Clive Johnson
CEO, Clive Johnson
Source: Bloomberg
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  • B2Gold Corp (TSX:BTO) has announced an extensive COVID-19 relief package, aimed at communities surrounding operations in Canada and overseas
  • B2Gold has donated C$250,000 to the Greater Vancouver Food Bank and a further $125,000 has been donated to other local community services
  • B2Gold has also donated substantially to government relief packages in Mali, Namibia and the Philippines, as well as providing medical supplies local communities surrounding its Colombian joint venture, the Gramalote development project
  • Earlier this week, the company announced that an employee at its exploration site in Mali had tested positive for COVID-19 and has since been quarantined 
  • Before the market opens, B2Gold Corp (BTO) is trading at $6.50 a share, with a market cap of $6.7 billion. 

B2Gold Corp (TSX:BTO) has announced an extensive COVID-19 relief package, aimed at communities surrounding its operations in Canada and overseas.

In Vancouver, where the company operates, B2Gold has donated C$250,000 to the Greater Vancouver Food Bank to help support struggling communities close to home.

A further $125,000 has been donated to local community services, which are providing health care and housing during the crisis.

Internationally, the company has also made substantial donations to community organisations surrounding its mines in Mali, The Philippines, Namibia and Colombia.

Specifically, B2Gold has given approximately $710,000 directly to support the Malian Government’s COVID-19 relief fund.

Similar donations have been made to the Philippine and Namibian governments’ relief plans. 

Furthermore, through the company’s joint venture with AngloGold Ashanti Ltd in Colombia, the two companies are providing medical assistance and supplies to neighbouring communities surrounding its Gramalote development project.

Clive Johnson, President and CEO of B2Gold, stated the company’s focus remains on those worst affected by the pandemic.

“We are pleased to be working with three respected local organizations that provide food security, health services and housing to at-risk members of the Metro Vancouver community.

“B2Gold is helping to ensure food security and is providing support for medical equipment and health services to local communities around our mining operations,” he said.

The company itself has been directly affected by the pandemic. Earlier this week, B2Gold revealed that an employee at its exploration site in Mali had tested positive for COVID-19. 

Since then the individual, as well as any other employees who had contact with them, have been isolated and work at the exploration site has ceased. However, the company’s nearby mine remains operational.

Before the market opens, B2Gold Corp (BTO) is trading at $6.50 a share, with a market cap of $6.7 billion. 

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