Global Finance News
20 Apr 2026, 19:59
B2Gold Corp. announced it will sell its 70% stake in the Fingold joint venture to Agnico Eagle Mines Limited for $325 million in cash.
The Fingold assets are located in Northern Finland, adjacent to the Ikkari gold project, and the transaction is expected to close in April 2026, subject to customary conditions. Following the sale, Agnico Eagle will gain full control of the project, as previously outlined in its broader regional consolidation strategy.
B2Gold plans to use the proceeds to strengthen its balance sheet, support share buybacks, and fund general corporate purposes.
In addition, the two companies will enter into a separate collaboration agreement focused on sharing operational expertise and best practices across their mining operations in Nunavut, Canada.
Globe Newswire
The Fingold assets are located in Northern Finland, adjacent to the Ikkari gold project, and the transaction is expected to close in April 2026, subject to customary conditions. Following the sale, Agnico Eagle will gain full control of the project, as previously outlined in its broader regional consolidation strategy.
B2Gold plans to use the proceeds to strengthen its balance sheet, support share buybacks, and fund general corporate purposes.
In addition, the two companies will enter into a separate collaboration agreement focused on sharing operational expertise and best practices across their mining operations in Nunavut, Canada.
Globe Newswire