B2Gold Completes Acquisition of Sabina Gold

Apr 21, 2023

1 12

B2Gold Corp announces that it has completed the previously announced plan of arrangement to acquire all of the issued and outstanding common shares of Sabina Gold & Silver Corp.

The Arrangement results in B2Gold acquiring Sabina’s 100% owned Back River Gold District located in Nunavut, Canada. The Back River Gold District consists of five mineral claims blocks along an 80 kilometre belt. The most advanced project in the district, Goose, is fully permitted, construction ready, and has been de-risked with significant infrastructure currently in place.

B2Gold’s management team has strong northern construction expertise and experience to deliver the fully permitted Goose project and the financial resources to develop the significant gold resource endowment at the Back River Gold District into a large, long life mining complex.

“The closing of the acquisition of Sabina and the Back River Gold District represents a milestone for B2Gold as we continue to build a low-cost responsible senior gold mining company. We are excited to add such a high-quality, high grade gold project in a top mining jurisdiction to our global portfolio, and we are thrilled to welcome the exceptional Sabina team into B2Gold.

We also look forward to working with the Kitikmeot Inuit Association and local communities as we advance the construction of the Goose project and our development strategy,” said Clive Johnson, President and CEO of B2Gold.

“As we continue with the construction of the Goose project and move toward commencement of production in 2025, our exploration program will also start immediately. We aim to further define the Back River Gold District’s untapped potential and unlock the significant value we see and opportunities for growth.”

You May Also Like

Facebook Feeds

Cover for Heera Zhaveraat
94,037
Heera Zhaveraat

Heera Zhaveraat

Offical Facebook account of heerazhaveraat.com, homepage for Trade News, Articles and Promotion of D

This message is only visible to admins.
Problem displaying Facebook posts.
Click to show error
Error: No posts available for this Facebook ID

Twitter Feeds

Discover JGTD 2026 in Dubai! 💎

Connect with global jewellery manufacturers, suppliers and buyers. Explore finished jewellery, gemstones, machinery and the latest industry technologies.

📅 27–29 October 2026 📍 Dubai Exhibition Centre (DEC)

Join the Mindspeak Seminars at GJS 2026 for valuable insights and conversations shaping today’s jewellery business.

📍 JWCC, BKC | Room 104, 1st Floor
📅 2–4 October 2026
Make Mindspeak part of your GJS journey.

✨ ONLY 6 DAYS TO GO! ✨

DJGF 2026 is almost here! 💎
750+ Exhibitors | 2,00,000+ Designs | 5 Halls
📅 26–28 Sept 2026
📍 Bharat Mandapam, New Delhi
Discover collections, connect with industry leaders & unlock new opportunities.
🔗 Register Now: https://djgfregistration.jewelleryfair.in/exhibitor_reference_registration/?ref=marketing

Where elegance meets the spirit of Hong Kong.
Discover Sheetal (Far East) Ltd.’s exquisite jewellery at Jewellery & Gem WORLD Hong Kong 2026.
📍 Hong Kong Convention & Exhibition Centre
📅 16–20 September 2026
🏛️ Hall 1 | Booth 1C722
We look forward to welcoming you at our booth!

Load More

HZ is the Official Supporter of :

Member Of

Founder Member Of