Canadian mining company B2Gold to acquire Sabina Gold & Silver for $824m

Canadian mining company B2Gold to acquire Sabina Gold & Silver for $824m

B2Gold will acquire Sabina Gold & Silver in a transaction that values the total equity value of the latter at approximately CAD 1.1 billion ($823.66 million) to increase its operational and geographic diversification. Post-closing, current B2Gold shareholders and former Sabina Gold & Silver’s shareholders will hold around 83% and 17%, respectively, in the enlarged mining […]