[1] The terms of the deal allowed the newly created B2Gold to take Bema Gold's exploration properties in Colombia and Russia.

[2][3] Their initial public offering in December 2007 on the Toronto Venture Exchange raised $100 million for exploration and valuation purposes.

In 2009, the B2Gold became a gold producer with its acquisition of the TSX-listed, and financially distressed company, Central Sun Mining.

This all-stock deal, estimated to be valued at $67 million, gave B2Gold its first two mines, El Limon and La Libertad both in Nicaragua.

[10] The 2014 deal, with an estimated value of US$570 million, gave Papillon shareholders 26% of the combined company,[11] and resulted in the Fekola mine beginning production in November 2017.