B2Gold Maintains Operations at Fekola Mine Amid a Labor Strike

Zacks12-03

B2Gold Corp. BTG has announced that it is monitoring a strike that certain employees of the Fekola Mine in Mali called on Sunday. The strike is expected to continue till Dec. 5, 2024. However, B2Gold ...

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However, B2Gold ...</p>\n\n<a href=\"https://finance.yahoo.com/news/b2gold-maintains-operations-fekola-mine-122900543.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>B2Gold Maintains Operations at Fekola Mine Amid a Labor Strike</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nB2Gold Maintains Operations at Fekola Mine Amid a Labor Strike\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-03 20:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/b2gold-maintains-operations-fekola-mine-122900543.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>B2Gold Corp. BTG has announced that it is monitoring a strike that certain employees of the Fekola Mine in Mali called on Sunday. The strike is expected to continue till Dec. 5, 2024. However, B2Gold ...</p>\n\n<a href=\"https://finance.yahoo.com/news/b2gold-maintains-operations-fekola-mine-122900543.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CRS","symbol_name":"卡朋特科技","start_time":0,"source_url":"https://finance.yahoo.com/news/b2gold-maintains-operations-fekola-mine-122900543.html","article_id":"2488394891","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/iYrSCSLH6L9ItlbRb6OdUQ--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/20ba213728727296077be948e1de867c"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2488394891","pubTimestamp":1733228940,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"B2Gold Corp. BTG has announced that it is monitoring a strike that certain employees of the Fekola Mine in Mali called on Sunday. The strike is expected to continue till Dec. 5, 2024. However, B2Gold is still operating at the Fekola mill at full throughput capacity during the strike.The company is making progress with the Malian government on implementing the Memorandum of Agreement signed in September 2024. B2Gold expects to receive the necessary permits to commence exploitation at Fekola Regional.Once they are issued, mining operations will begin, with initial gold production expected in early 2025. B2Gold anticipates generating 80,000-100,000 ounces of additional gold production per year from Fekola Regional sources by trucking open-pit ore to the Fekola mill.The company currently carries a Zacks Rank #3 .Some better-ranked stocks from the basic materials space are CF Industries Inc. CF, Carpenter Technology Corporation CRS and Ingevity Corporation NGVT. While CF sports a Zacks Rank","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"CRS":"卡朋特科技","BK4093":"化肥与农用药剂","BK4532":"文艺复兴科技持仓","IE0031619046.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) INC","BK4109":"特种化学制品","BK4006":"钢铁","NGVT":"Ingevity Corporation When Issued","IE00B66KJ199.SGD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY  \" A\" (SGD) ACC","IE00B7SZL793.SGD":"Legg Mason Royce - US Small Cap Opportunity A Acc SGD-H","BTG":"B2Gold","BK4017":"黄金","IE00B19Z4B17.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","CF":"CF工业","BK4588":"碎股"},"translate_title":"B2Gold在劳工罢工期间维持Fekola矿的运营","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BTG":1,"CF":1,"CRS":1,"NGVT":1},"content_text":"B2Gold Corp. BTG has announced that it is monitoring a strike that certain employees of the Fekola Mine in Mali called on Sunday. The strike is expected to continue till Dec. 5, 2024. However, B2Gold is still operating at the Fekola mill at full throughput capacity during the strike.\nDetails on Strike at BTG’s Fekola Mine\nUnder the notice provided to B2Gold by the Fekola workers union, the workers called for a seven-day strike. The strike was mostly called in response to the disciplinary actions the company has taken against a few employees under Malian law, Fekola’s current union agreements and the company’s employee code of conduct. According to BTG, these Fekola workers were engaged in illegal acts that reduced output at the Fekola Mine, such as ‘go slow’ actions by mining employees and an illegal sit in at the Fekola management office in August 2024. However, the company urged the employees not to take part in these illegal activities.Employees in Mali are authorized to provide minimum service under Malian legislation. Participation in strikes is optional for those who choose to continue working. Therefore, BTG continues to operate at full capacity and still expects 2024 annual production guidance for the mine to be at the lower end of the range of 420,000 to 450,000 ounces of gold.\nB2Gold’s Commitment to Resolution\nB2Gold prioritizes the health, safety and security of its employees. The company is willing to meet with the Fekola workers union to resolve the issue.The company will continue to follow legal procedures and respect the rights of all employees. B2Gold invites the union to engage in constructive dialogue to find a resolution and the company will provide authorities with all requested information.Moreover, the company continues to have a solid working relationship with the Malian Government.\nBTG’s Progress on the Fekola Regional Project\nThe company is making progress with the Malian government on implementing the Memorandum of Agreement signed in September 2024. B2Gold expects to receive the necessary permits to commence exploitation at Fekola Regional.Once they are issued, mining operations will begin, with initial gold production expected in early 2025. B2Gold anticipates generating 80,000-100,000 ounces of additional gold production per year from Fekola Regional sources by trucking open-pit ore to the Fekola mill.\nB2Gold’s Share Price Performance\nIn the past year, B2Gold’s shares have lost 11.8% against the industry’s growth of 25.8%.\nImage Source: Zacks Investment Research\nBTG’s Zacks Rank & Stocks to Consider\nThe company currently carries a Zacks Rank #3 (Hold).Some better-ranked stocks from the basic materials space are CF Industries Inc. CF, Carpenter Technology Corporation CRS and Ingevity Corporation NGVT. While CF sports a Zacks Rank #1 (Strong Buy) at present, CRS and NGVT each carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.CF Industries has an average trailing four-quarter earnings surprise of 10.3%. The Zacks Consensus Estimate for CF’s 2024 earnings is pegged at $6.32 per share. CF’s shares gained 20.6% in the last year.Carpenter Technology has an average trailing four-quarter earnings surprise of 14.1%. The Zacks Consensus Estimate for CRS’ fiscal 2025 earnings is pegged at $6.61 per share. Its shares skyrocketed 162.7% in the last year.Ingevity has an average trailing four-quarter earnings surprise of 95.4%. The Zacks Consensus Estimate for NGVT’s 2024 earnings is pegged at $2.55 per share. Its shares gained 25.7% in the last year.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nCF Industries Holdings, Inc. (CF) : Free Stock Analysis Report\nCarpenter Technology Corporation (CRS) : Free Stock Analysis Report\nB2Gold Corp (BTG) : Free Stock Analysis Report\nIngevity Corporation (NGVT) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2488394891"}