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Stock Market & Financial Investment News

News Breaks
March 13, 2014
06:00 EDTAU, BTGB2Gold, AngloGold announce positive results from PEA for Gramalote gold project
B2Gold announced positive results from the Preliminary Economic Assessment, or PEA, for the Gramalote gold project in Colombia. The Gramalote property is a 51% AngloGold Ashanti and 49% B2Gold joint venture with AngloGold Ashanti as the project manager. Gramalote is located 230 kilometers northwest of Bogota and 80 km northeast of Medellin in central Colombia. The Company is pleased to announce AngloGold Ashanti has completed a new Joint Ore Reserves Committee and National Instrument 43-101 compliant Mineral Resource estimate for Gramalote Central Zone, Monjas West and Trinidad. The new mineral resource estimate was utilized in the preparation of the PEA. Total Measured and Indicated Mineral Resources at Gramalote Central and Monjas West at a 0.15 gram per tonne gold cut-off, within a $1,600 per ounce gold optimized Whittle pit consists of 132.7M tonnes grading 0.63 g/t gold for a total of 2.69M troy ounces of gold. The Gramalote Central, Monjas West and Trinidad Inferred Mineral Resource is 239.7M tonnes grading 0.44 g/t gold for a total of 3.36M troy ounces of gold using similar parameters as the Measured and Indicated Mineral Resource.
News For BTG;AU From The Last 14 Days
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December 9, 2014
08:25 EDTBTGB2Gold reports Masbate Mine operating normally following Typhoon Hagupit
B2Gold announces that operations are running normally at the Masbate Mine, Philippines, following Typhoon Hagupit. Hagupit first made landfall Saturday at the island of Samar, just southeast of Masbate Island, reaching Masbate early Sunday. The eye of the storm tracked close to the site of Masbate Gold Mine. By late Sunday the typhoon had diminished in strength and passed over the island. B2Gold's Incident Management Team inspected all areas of the Masbate Mine site once winds died down and confirm no major damage was sustained to any site facilities and infrastructure. The all clear signal was given to staff at 2230 hours Sunday. Mining operations were curtailed during the storm event and have resumed. Ore processing continued however at the peak of the typhoon there was a 15.5 hour shutdown to plant production as operations were halted as a precautionary measure. The process plant is now operating at full capacity and the 2014 Masbate production forecast of 180,000 ounces of gold remains unaffected. The Masbate operations benefit by their location, sheltered by the island of Samar to the southeast and the site itself is located on an inlet which has mountains immediately to the southeast. The surrounding local community appears to have weathered the typhoon reasonably well although rainfall has been severe. The Masbate Mine stands by to provide local assistance if required. An assessment of the surrounding area is ongoing.

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