Canadian gold miner B2Gold Corp. disclosed plans to expand its operations in the Bicol region.
B2Gold and its local partner Filminera Resources Corp. presented their plans to explore areas within their mining tenement in Aroroy, Masbate during a courtesy visit to Trade Secretary Cristina Roque.
“B2Gold’s decision to expand operations in the Philippines reflects the confidence global investors have in our strong policies, strategic reforms and the highly skilled workforce under the leadership of President Ferdinand Marcos Jr.,” said Roque.
B2Gold Philippines Exploration Corp. was incorporated earlier this year, and its office was launched during the Team Canada trade mission in Manila.
B2Gold said that since its operations began in 2013, it demonstrated a strong commitment to responsible mining practices at its Aroroy site in Masbate.
The company’s environmental initiatives include mangrove reforestation, ocean rehabilitation through reef restoration, establishing nurseries for endangered plant species and cultivating fruit-bearing trees.
B2Gold said it focused on expanding skills and livelihood training for local residents, providing jobs for nearly 2,000 direct and contract workers.
These efforts played a key role in Aroroy’s growth, contributing to its upgrade from a fourth-class to a first-class municipality, it said.
The gold miner also highlighted the Philippines’ crucial role in the company’s success, citing the country’s strategic location, logistical advantages and skilled workforce.
It said the mine achieved six consecutive years of operation without workplace injuries or accidents.
