B2Gold Corp.

Published : November 10th, 2010

REALISES C$70M FROM SALE OF B2GOLD SHARES

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ANGLOGOLD ASHANTI REALISES C$70M FROM SALE OF B2GOLD SHARES

AngloGold Ashanti Limited, through its wholly owned offshore subsidiary, has realised net proceeds of C$70m from the sale of its entire holding of 31,556,650 shares in Vancouver-based gold producer B2Gold Corporation.  This stake, equivalent to about 10.17% of B2Gold's outstanding shares, was sold yesterday in an orderly fashion, after the markets closed.

Proceeds from the sale will be used to fund AngloGold Ashanti's exploration activities in Colombia, including the Gramalote project and pending such use, to reduce borrowings.   AngloGold Ashanti remains fully committed to its Gramalote joint venture with B2Gold, in which AngloGold Ashanti owns 51% and B2Gold owns 49%.

__________________________________________________________________________________________


Contacts

Alan Fine (Media)                        Tel: +27 (0) 11 637- 6383/+27 (0) 83 250 0757       afine@anglogoldashanti.com

Stewart Bailey (Investors)             Tel: +1 212 836 4303 /+1 646 338 4337                sbailey@anglogoldashanti.com

Certain statements made in this communication, including, without limitation, those concerning the economic outlook for the gold mining industry, expectations regarding gold prices, production, cash costs and other operating results, growth prospects and outlook of AngloGold Ashanti's operations, individually or in the aggregate, including the completion and commencement of commercial operations of certain of AngloGold Ashanti's exploration and production projects, the completion of announced mergers and acquisitions transactions, AngloGold Ashanti's liquidity and capital resources, and expenditure and the outcome and consequences of any litigation proceedings or environmental issues, contain certain forward-looking statements regarding AngloGold Ashanti's operations, economic performance and financial condition. Although AngloGold Ashanti believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. Accordingly, results could differ materially from those set out in the forward-looking statements as a result of, among other factors, changes in economic and market conditions, success of business and operating initiatives, changes in the regulatory environment and other government actions including environmental approvals and actions, fluctuations in gold prices and exchange rates, and business and operational risk management. For a discussion of certain of these factors, refer to AngloGold Ashanti's annual report for the year ended 31 December 2009, which was distributed to shareholders on 30 March 2010.  The company's annual report on Form 20-F, was filed with the Securities and Exchange Commission in the United States on April 19, 2010 and as amended on May 18, 2010. AngloGold Ashanti undertakes no obligation to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after today's date or to reflect the occurrence of unanticipated events.  All subsequent written or oral forward-looking statements attributable to AngloGold Ashanti or any person acting on its behalf are qualified by the cautionary statements herein.

AngloGold Ashanti posts information that is important to investors on the main page of its website at
www.anglogoldashanti.com and under the "Investors" tab on the main page.  This information is updated regularly.  Investors should visit this website to obtain important information about AngloGold Ashanti.

B2Gold Corp.

PRODUCER
CODE : BTO.TO
ISIN : CA11777Q2099
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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$ 3.4 billions as of today (US$ 2.5 billions, € 2.3 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.

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