B2Gold repaying its debt and planning fast-forward in Mali
The Canadian group is in good shape and will have repaid all its revolving credit facilities by the end of September. Despite the coup d’état in Mali, the group is continuing its expansion programme at the Fekola mine, which accounts for half of its turnover.
16/09/2020 at 18h35, by Africa Business+
Following the repayment at the end of the month of a $600m revolving credit to its lenders, a grouping of international banks, B2Gold will be debt-free. Despite the coup d’état in Mali, it intends to continue as normal its operations at its mine located in the far west of the country, near the border with Senegal, in a region spared from the rebellions.
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