B2Gold Completes Phase 2 of Solar Expansion at Fekola Mine in Mali: Boosting Sustainable Gold Production

B2Gold’s Fekola Solar Plant Expansion: A Step Forward in Sustainable Mining

Vancouver, British Columbia, March 18, 2025 – B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G), a leading independent gold producer, is thrilled to announce the successful completion and operational status of the Phase 2 expansion of the Fekola Solar Plant in Mali, West Africa. This expansion is a significant milestone in B2Gold’s commitment to reducing its carbon footprint and promoting sustainable mining practices.

Expansion Details

The Fekola Solar Plant, which was initially commissioned in 2018, was expanded from an initial capacity of 15 MW to 30 MW. This increase in capacity will allow the mine to offset approximately 25% of its total power consumption, significantly reducing the mine’s reliance on diesel generators.

Benefits to B2Gold and the Local Community

The expansion of the Fekola Solar Plant will have numerous benefits for B2Gold and the local community. For the Company, the reduction in greenhouse gas (GHG) emissions will contribute to lower operating costs and a more sustainable mining operation. Additionally, the increased capacity will provide more reliable power to the mine, reducing potential disruptions and improving overall efficiency.

For the local community, the expansion of the solar plant will bring about several positive impacts. The solar plant will provide employment opportunities during the construction phase and ongoing maintenance. Furthermore, the reduction in diesel usage will lead to a decrease in air pollution, contributing to improved health and well-being for residents in the area.

Global Impact

B2Gold’s expansion of the Fekola Solar Plant is not only a significant achievement for the Company but also for the mining industry as a whole. The successful integration of renewable energy into mining operations is a crucial step towards more sustainable and environmentally-friendly practices. According to the International Energy Agency, the mining sector is responsible for around 1% of global GHG emissions. By implementing renewable energy solutions like solar power, the mining industry can significantly reduce its carbon footprint and contribute to global efforts to combat climate change.

Future Plans

B2Gold is committed to continuing its efforts towards sustainable mining practices. The Company is currently evaluating the potential for further renewable energy projects at its other mining operations. This includes the evaluation of wind, solar, and hydroelectric power solutions to reduce the carbon footprint of its mining operations and promote a more sustainable future.

In conclusion, B2Gold’s expansion of the Fekola Solar Plant is a significant achievement in the mining industry’s transition towards more sustainable practices. The reduction in greenhouse gas emissions, improved operational efficiency, and positive impact on the local community make this an exciting development for all stakeholders involved. With further renewable energy projects on the horizon, B2Gold is leading the way in the adoption of clean energy solutions in the mining sector.

  • B2Gold completes expansion of Fekola Solar Plant in Mali
  • Expansion increases capacity from 15 MW to 30 MW
  • Reduction in greenhouse gas emissions and operational costs
  • Positive impact on local community through employment opportunities and improved air quality
  • Significant step towards more sustainable mining practices
  • Further renewable energy projects under evaluation at B2Gold mining operations

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