Company: B2Gold
Country: Namibia
Sector: Other Metals/Minerals
CEO: Mike Cinnamond
Website: https://www.b2gold.com/
Careers Page: Not publicly listed
LinkedIn: Not publicly listed
Email: Not publicly listed
Headquarters: Vancouver, Canada (Namibia operations centred on the Otjikoto mine)
Founded: 2007
Valuation/Revenue: $1,902m revenue; $3,750.3m market value (African Business Top 250, rank 86)
B2Gold Corporation is a Canadian gold mining company, headquartered in Vancouver, that owns and operates gold mines in Mali, Namibia and the Philippines. Its inclusion among Africa’s largest companies reflects the scale of its Namibian operation, the Otjikoto mine, and its listing on the Namibian Stock Exchange alongside its primary Toronto and New York listings — though it should be noted the parent company itself is Canadian-headquartered rather than African.
What Does B2Gold Do?
B2Gold explores for, develops and mines gold, with its flagship assets including the Fekola Complex in Mali, the Otjikoto mine in Namibia, and mining operations in the Philippines and Canada (via its Goose mine). Otjikoto, an open pit and underground combined operation in Namibia’s Otjozondjupa Region, reached commercial production in February 2015 and typically produces between 150,000 and 200,000 ounces of gold annually; notably, it is powered in part by its own on-site solar plant, making it the first mine B2Gold developed entirely on its own rather than through acquisition.
How Big Is B2Gold?
African Business’s Top 250 ranking credited B2Gold with revenue of roughly $1.9 billion and a market value of about $3.75 billion, reflecting its position as one of the larger mid-tier international gold producers with African operations. In the first quarter of 2026, the company produced 237,763 ounces of gold across its operations, exceeding expectations, though a fire at its Goose mine in Canada in April 2026 was expected to reduce second-quarter production by around 10,000 ounces.
Who Is the CEO of B2Gold?
Mike Cinnamond, formerly the company’s Chief Financial Officer, was named CEO-designate in February 2026 to succeed long-time CEO and company co-founder Clive Johnson, who announced his retirement at that time with a transition completed around June 2026. Johnson had led B2Gold since its founding and was a well-known figure in the gold mining industry.
Is B2Gold Publicly Traded?
Yes. B2Gold trades on the Toronto Stock Exchange (having originally listed on the TSX Venture Exchange in 2007 before graduating to the senior TSX in 2008), the NYSE American exchange, and the Namibian Stock Exchange, giving it a relatively unusual multi-market listing structure that reflects both its Canadian base and its significant Namibian operations.
Where Is B2Gold Headquartered?
B2Gold’s corporate headquarters is in Vancouver, Canada, though its African operations — most notably the Otjikoto mine — are managed through in-country subsidiaries in Namibia and Mali.
What Has B2Gold Been in the News For Recently?
Beyond the CEO transition from Clive Johnson to Mike Cinnamond, B2Gold has faced operational disruption from an April 2026 fire at its Goose mine in Canada, and it has continued to monitor security conditions around its Fekola Complex in Mali amid regional instability, while stating operations there have remained uninterrupted. Mali’s broader gold mining sector, in which B2Gold is a major participant, generated roughly $1.57 billion in state revenue during 2025, according to industry reporting.
How Does B2Gold Compare to Its Competitors?
In African gold mining, B2Gold competes with companies such as Barrick Gold, AngloGold Ashanti and Endeavour Mining, all of which operate large-scale gold mines across West Africa. Its Namibian Otjikoto asset also places it alongside other Namibian resource companies in the broader African mining Top 250 rankings, despite its Canadian corporate domicile.
Why Does Otjikoto Matter to Namibia’s Economy?
The Otjikoto mine is one of Namibia’s larger single mining operations and a notable example of a mine B2Gold developed from the ground up rather than acquired through a corporate deal, giving the company closer control over its design choices — including the decision to build an on-site solar power plant to help supply the mine’s electricity needs, an early example of renewable-powered mining in the region. Gold mining, alongside diamonds and uranium, is a significant contributor to Namibia’s export earnings, and Otjikoto’s roughly 150,000-to-200,000-ounce annual output makes it a material contributor to that sector, supporting local employment and supply-chain spending in the Otjozondjupa Region even though B2Gold’s ultimate corporate headquarters and primary listing sit in Canada.
How Has B2Gold Grown Since 2007?
B2Gold was built up over roughly two decades through a mix of organic exploration and a series of corporate mergers, including its 2014 acquisitions of Papillon Resources (which brought Mali’s Fekola project into the portfolio) and Auryx Gold, alongside an earlier 2011 combination with CGA Mining that added Philippine assets. That deal-making history, layered on top of the company’s own mine-building work at Otjikoto, transformed B2Gold from a small-cap explorer into a multi-country, multi-mine gold producer with a market value in the billions of dollars — a growth trajectory that continues to shape how the company is run today under its recently installed CEO, Mike Cinnamond.
Links
Website: https://www.b2gold.com/
Careers Page: Not found
LinkedIn: Not found
Email: Not publicly listed
FAQ
Is B2Gold legit?
Yes. It is a Toronto, NYSE American and Namibian Stock Exchange-listed gold miner with audited financial results and operating mines across multiple countries.
How old is B2Gold?
B2Gold was founded in 2007.
Who is the CEO of B2Gold?
Mike Cinnamond took over as CEO around mid-2026, succeeding founder Clive Johnson, who retired.
Is B2Gold publicly traded?
Yes, on the Toronto Stock Exchange, NYSE American, and the Namibian Stock Exchange.
Where is B2Gold headquartered?
Vancouver, Canada, though its Namibian operations centre on the Otjikoto mine.
Is B2Gold really an African company?
Not in a strict sense — it is Canadian-headquartered, but its Otjikoto mine is a major Namibian operation and it carries a Namibian Stock Exchange listing, which is why it appears in African corporate rankings.