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B2Gold to buy AngloGold out of Gramalote

B2Gold has agreed to buy a 50% take in the Gramalote gold project in Antioquia, Colombia from AngloGold Ashanti for up to US$60 million to consolidate its ownership of the whole project.

B2Gold to buy AngloGold out of Gramalote B2Gold to buy AngloGold out of Gramalote B2Gold to buy AngloGold out of Gramalote B2Gold to buy AngloGold out of Gramalote B2Gold to buy AngloGold out of Gramalote

B2Gold's Gramalote in Antioquia, Colombia

The company will pay $20 million upon closing the transaction, an additional $10 million upon B2Gold announcing a Gramalote construction decision, $10 million upon commercial production beginning

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