| Nicaraguan government denies permit to B2Gold mining project | |
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MANAGUA, Oct 12 (Reuters) - The Nicaraguan government has denied a permit to a unit of Canada's B2Gold for a gold-mining project due to environmental concerns, officials said on Monday. The Tajo Pavon project, which would be located about 132 miles (212 km) northeast of the capital, could affect two rivers and local nature reserves, the ministry of environment and natural resources (Marena) said. The project proposed by B2Gold's local subsidiary, Nueva Esperanza, cannot move forward now, Marena said. First lady and government spokeswoman Rosario Murillo said environmental experts concluded that the project, which the company has been exploring for three years, is not viable because it would negatively impact nearby communities and water sources. B2Gold in Nicaragua did not have an immediate comment. (Reporting by Ivan Castro; Writing by Joanna Zuckerman Bernstein; Editing by Leslie Adler)
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B2Gold Corp.
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PRODUCER |
CODE : BTO.TO |
ISIN : CA11777Q2099 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
B2Gold is a gold producing company based in Canada. Its main assets in production are LIMON and LIBERTAD MINE in Nicaragua, its main assets in development are OROSI in Nicaragua and GRAMALOTE in Colombia and its main exploration properties are MOCOA and QUEBRADONA in Colombia, SAN PEDRO, CALIBRE, TREBOL, EL PAVON and MESTIZA-LA INDIA in Nicaragua, BELLAVISTA in Costa Rica and CEBOLLATI in Uruguay. B2Gold is listed in Canada and in United States of America. Its market capitalisation is CA$ 3.5 billions as of today (US$ 2.5 billions, € 2.4 billions). Its stock quote reached its lowest recent point on October 24, 2008 at CA$ 0.30, and its highest recent level on August 07, 2020 at CA$ 9.99. B2Gold has 973 449 984 shares outstanding. |