Canada's B2Gold to spend $740 million on Gramalote mine after confirming viability
The study confirms the technical, economic and environmental viability of the project located in the municipality of San Roque in Colombia's Antioquia department, B2Gold said in a statement.
According to the company, the project is expected to have a mine life of 11 years and a processing plant life of 13 years.
B2Gold currently operates four gold mines in Mali, the Philippines, Canada, and Namibia. Additionally, the company is pursuing exploration and expansion projects in Colombia and Finland.
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