News Release
The Limon Mine Labour Dispute Has Been Resolved
and the Mine has Recommenced Operations
Vancouver, November 16, 2009 - B2Gold Corp. (TSX: BTO) ("B2Gold" or the "Company"), is pleased to announce that the illegal labour strike at the Limon Mine in Nicaragua has ended, operations have resumed and 100% production levels are being achieved.
Gold production at Limon was halted by an illegal strike, which was initiated by one of the three labour unions at the Limon Mine. The Ministry of Labour of the Government of Nicaragua declared the strike to be illegal, and informed the unions. The Company had discussions and worked together with the Nicaraguan government and the union leaders to resolve the strike. An agreement to officially end the strike was signed by the three union leaders, the Company and Government officials.
B2Gold hopes to work closely with the unions of the Limon Mine and Government officials to avoid further illegal strikes.
On Behalf of B2GOLD CORP.
"Clive T. Johnson"
President and Chief Executive Officer
For more information on B2Gold please visit the Company web site at www.b2gold.com or contact:
The Toronto Stock Exchange neither approves nor disapproves the information contained in this News Release.
The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements.