01:43 PM EST, 11/03/2025 (MT Newswires) -- B2Gold ( BTG ) on Monday said that operations at the Fekola Complex in Mali continue to operate uninterrupted, and all permits and licenses remain in good standing with the State of Mali.

"Milling and mining activities at the Fekola Mine are operating at full capacity and the company reiterates its 2025 gold production guidance for the Fekola Complex of 515,000 to 550,000 ounces," said the company.

The company also confirmed that all exploration and exploitation permits are valid and in "good standing" and have not been impacted by the recent permit revocations in Mali, which the company stated, "were largely a result of inactivity and failure to comply with the provisions of the 2023 Mali Mining Code."

B2Gold ( BTG ) added that the issuance of the Fekola Regional exploitation permit is in the final stages of approval and is expected to be received shortly.

Separately, Prospector Metals ( PMCOF ) on Monday said that B2Gold ( BTG ) agreed to complete an additional strategic investment into the company.

B2Gold ( BTG ) agreed to subscribe for an aggregate 10.3-million shares of Prospector at a price of C$0.97 each for gross proceeds to Prospector of $10 million.

A statement noted that, upon completion of the acquisition of the shares, B2Gold ( BTG ) will have aggregate beneficial ownership and control over approximately 17.2% of Prospector shares.

Closing of the offering is subject to the satisfaction of certain conditions.

Prospector said that the additional investment was made in accordance with subscriptions rights granted to B2Gold ( BTG ) pursuant to an investor rights agreement, which Prospector entered into in connection with B2Gold's ( BTG ) initial strategic investment in Prospector.

"We are excited to continue and strengthen our partnership with B2Gold ( BTG ) and proceeds from this investment will go towards our now, fully funded 2026 drill program on our flagship ML Project, Yukon," said Prospector's Chief Executive Officer Rob Carpenter. "Our 2025 drill program successfully defined several high-grade gold trends which will be fully evaluated in 2026."

B2Gold ( BTG ) shares were last seen down $0.13 to $6.01 on the Toronto Stock Exchange, while Prospector Metals ( PMCOF ) shares were last seen down $0.01 to $0.92 on the TSX Venture Exchange.

Price: 6.02, Change: -0.13, Percent Change: -2.04