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Extractive Sector Transparency Measures Act - Annual Report |
Reporting Year | From: | 1/1/2023 | To: | 12/31/2023 | | | | |
Reporting Entity Name | B2Gold Corp. | Currency of the Report | USD | | | |
Reporting Entity ESTMA
Identification Number | E750687 | | | | | |
Subsidiary Reporting
Entities (if necessary) | | | |
Payments by Payee |
Country | Payee Name | Departments, Agency, etc… within Payee that
Received Payments | Taxes | Royalties | Fees | Production Entitlemengts | Bonuses | Dividends | Infrastructure
Improvement
Payments | Total Amount paid to
Payee | Notes |
Colombia | Community of Cisneros | | | | | | | | 10,000 | 10,000 | |
Colombia | Community of San Roque | | 100,000 | | | | | | 2,447,000 | 2,547,000 | Provision of $1,970,000 of in-kind infrastructure improvement contributions valued at cost mainly for resettlement costs around the Community |
Colombia | Community of Maceo | | | | | | | | 20,000 | 20,000 | |
Colombia | Yolombo Municipality | | 50,000 | | | | | | 10,000 | 60,000 | |
Colombia | Government of Colombia | National Army | | | | | | | 60,000 | 60,000 | |
Colombia | Government of Colombia | National Police | | | | | | | 60,000 | 60,000 | |
Philippines | Government of Philippines | Department of Environment and Natural Resources Mines and Geosciences Bureau | | | 20,000 | | | | 2,570,000 | 2,590,000 | Infrastructure Improvement Payments includes $2,570,000 of in-kind contributions valued at cost related to Social Development and Management Program ("SDMP") expenditures for various community programs |
Philippines | Puro Barangay | | 130,000 | | | | | | 360,000 | 490,000 | Infrastructure Improvement Payments includes $360,000 of in-kind contributions valued at cost related to Social Development and Management Program ("SDMP") expenditures for various community programs. Barangay is the smallest unit of administrative division in the Philippines, the closest approximate translation of Barangay in English would be neighbourhood, or community or village. |
Philippines | Municipality of Aroroy | Municipal Treasurer of Aroroy | 3,140,000 | | 20,000 | | | | | 3,160,000 | |
Philippines | City of Makati | City Treasury of Makati | 140,000 | | 40,000 | | | | | 180,000 | |
Philippines | Government of Philippines | Bureau of Customs | 600,000 | | 60,000 | | | | | 660,000 | |
Philippines | Government of Philippines | Bureau of Internal Revenue | 23,230,000 | 14,770,000 | | | | | | 38,000,000 | |
Philippines | Province of Masbate | Provincial Treasurer of Masbate | 840,000 | | | | | | | 840,000 | |
Mali | Community of Kenieba | | | | | | | | 550,000 | 550,000 | |
Mali | Government of Mali | Department of Customs | | | 83,660,000 | | | | | 83,660,000 | |
Mali | Government of Mali | Department of Land | | 54,240,000 | | | | 53,150,000 | | 107,390,000 | |
Mali | Government of Mali | Tax Department of Major Enterprises | 113,250,000 | 21,450,000 | 5,820,000 | | | 5,910,000 | | 146,430,000 | |
Mali | Government of Mali | National Department for Trade and Competition | | | 2,080,000 | | | | | 2,080,000 | |
Mali | Town of Kenieba | Tax Department of Kenieba | 5,580,000 | | | | | | | 5,580,000 | |
Namibia | Government of Namibia | Ministry of Finance Customs & Excise | | 4,210,000 | 250,000 | | | | | 4,460,000 | |
Namibia | Government of Namibia | Ministry of Finance Receiver of Revenue | 65,720,000 | | | | | | | 65,720,000 | |
Namibia | Government of Namibia | Ministry of Mines and Energy | | 9,650,000 | 10,000 | | | | | 9,660,000 | |
Canada | Government of Canada | | | | 480,000 | | | | | 480,000 | |
Canada | Government of Nunavut | | | | 330,000 | | | | | 330,000 | |
Canada | Kitikmeot Inuit Association | | | | 1,280,000 | | | | | 1,280,000 | |
Additional Notes: | Note 1: All payments have been reported in B2Gold's Reporting Currency which is in US dollars. Payments denominated in currencies other than USD are translated at the exchange rate at the date of the transaction with the following exchange rate ranges: • Canada: translated at exchange rates between CAD/USD 0.7203393 and 0.7617057 • Colombia: translated at exchange rates between COP/USD 0.0002002 and 0.0002886 • Namibia: translated at exchange rates between NAD/USD 0.0505612 and 0.0594847 • Mali: translated at exchange rates between CFA/USD 0.0015936 and 0.0017137 • Philippines: translated at exchange rates between PHP/USD 0.0175097 and 0.0186303 Note 2: Payments under the 'Fees' column mostly relate to Import Fees and Duties paid for the importation of goods used for mining. The Act does not require disclosure of consumption taxes, however the Company has opted to classify and disclose these payments as Fees as they can be interpreted as such. |
Original Submission
Amended Report