Topic: How To Invest

Pat: Thanks for all your help over the years with my questions. What do you think about B2Gold?

Article Excerpt

A: B2Gold Corp., $3.81, symbol BTO on Toronto (Shares outstanding: 929.8 million; Market cap: $3.6 billion; www.b2gold.com), owns four mines: the Limon and Libertad gold mines in Nicaragua; the Otjikoto mine in Namibia and the Masbate mine in the Philippines. The company also has a mine under construction in Mali. As well, B2Gold holds exploration and development properties in Burkina Faso, Mali, Colombia, Nicaragua and Finland. Bema Gold’s management team formed B2Gold after Kinross Gold bought Bema in early 2007. In 2013, the company completed its $1.1 billion purchase of CGA Mining (symbol CGA on Toronto). CGA owned the Masbate gold mine in the Philippines. B2Gold produced a record 135,242 ounces of gold in the three months ended June 30, 2016, up 11.2% from 121,566 ounces a year earlier. The increase in gold production is primarily attributable to stronger operational performance at the Masbate mine in the Philippines. The higher…