B2Gold hunting for more assets after Sabina Gold deal

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B2Gold hunting for more assets after Sabina Gold deal
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B2Gold's appetite for growth remains strong. After acquiring Sabina Gold - its first Canadian project - the company is open to exploring more opportunities to acquire gold assets. Canada GrowthOpportunities'

NAIROBI - B2Gold said it would consider further opportunities to acquire gold assets to accelerate growth even after its recent purchase of Sabina Gold, which gave it its first project in home country Canada.

The CEO of the Vancouver-based producer, which currently mines gold in Mali, Namibia and the Philippines, said the company was looking now at assets that are already producing, rather than those in development.said it would consider potential opportunities from assets that are being spun off when big producers consolidate.

"We're not looking at adding more development projects, but looking at mines that are in production that don't fit the criteria for some of these majors." "There's smaller companies that could have some production but maybe see it would be sensible to merge with somebody larger," he added.

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