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B2Gold pulls Gramalote citing poor economics

B2Gold has pulled the plug on the Gramalote open pit gold development project in Antioquia, Colombia which is a joint venture with AngloGold Ashanti.

B2Gold pulls Gramalote citing poor economics B2Gold pulls Gramalote citing poor economics B2Gold pulls Gramalote citing poor economics B2Gold pulls Gramalote citing poor economics B2Gold pulls Gramalote citing poor economics

B2Gold's Gramalote in Antioquia, Colombia

In a terse statement within its June quarter results, the company said the partners determined that the project does not currently meet their investment thresholds for development at this time.