Three B2Gold (TSX: BTO; NYSE-AM: BTG) employees are dead after an attack on the bus transporting them from the company’s Fekola mine to Mali’s capital, Bamako.
Several other employees were also wounded in the incident and are being treated in hospital, the company said in a release issued late Thursday night.
The attack occurred despite the presence of an armed police escort, about 75 km west of Bamako, and 300 km northeast of Fekola. Two workers were killed in a similar attack in December 2022, near the same location.
Mali has already increased security forces along the transport route, but B2Gold said it’s discussing further improvements with the government. The company is also working to understand details of the attack. There was no word on whether it was related to terrorism.
Mali is a popular destination for gold miners, despite the country experiencing two coups since 2020. Since 2012, a jihadist insurgency has also destabilized the country’s north and killed thousands.
Fekola is located in Mali’s southwest, near the border with Senegal.
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