Announced
Completed
Financials
Sources
Tags
gold development
Colombia
Gold Mining
Acquisition
Minority
Private
Cross Border
Completed
Friendly
Single Bidder
Synopsis
B2Gold, a low-cost international senior gold producer, completed the acquisition of a stake in the Gramalote Project, a gold development project, from AngloGold Ashanti, an independent and global gold mining company, for $60m. The Transaction is in line with B2Gold’s strategy of executing on accretive opportunities, increasing Mineral Reserves and Resources and continuing to advance development projects.
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