B2Gold Secures Key Permit for Fekola Regional Expansion in Mali — B2Gold Corp.

Event summary

B2Gold received the Menankoto exploitation permit from the State of Mali on August 7, 2026.
The permit is part of the Fekola Regional project, a near-term production growth driver for B2Gold.
Fekola Complex includes the existing Fekola Mine and the new Fekola Regional area.
B2Gold expects Fekola Regional to produce over 150,000 ounces of gold annually from 2028 onwards.

The big picture

B2Gold's acquisition of the Menankoto exploitation permit solidifies its long-term presence in Mali, a country with significant gold mining potential. The permit secures the future of the Fekola Complex well into the late 2030s, aligning with broader industry trends of extending mine life through regional exploration and development. The strategic partnership with the State of Mali underscores the importance of regulatory stability and local economic engagement in resource-rich nations.

What we're watching

Production Ramp-Up: How quickly B2Gold can ramp up operations at Fekola Regional to meet the projected production targets.
Regulatory Compliance: Whether B2Gold can maintain smooth relations with the State of Mali under differing mining codes for the Fekola Mine and Fekola Regional.
Economic Benefits: The extent to which B2Gold's investments in Mali will continue to provide economic benefits and job creation.