B2Gold (TSX:BTO) will present proposed environmental licence changes for its US$740 million ($1.06 billion) Gramalote Gold Project at a public hearing in Colombia on 10 November.
Colombia’s National Environmental Licensing Authority (ANLA) is assessing amendments to the project’s existing licence, granted in 2015, according to BNamericas.
The changes mainly concern the locations of the processing plant and supporting infrastructure under B2Gold’s redesigned development plan.
The hearing will allow communities, government bodies, and other parties to comment on potential impacts and proposed environmental measures. It forms part of ANLA’s assessment and does not constitute approval.
More than 500 residents from San Roque and Yolombó attended a preparatory session on 2 November, submitting 65 questions about the proposed changes.
B2Gold filed a modified work plan in December 2025 and a modified environmental impact study in March 2026. ANLA began evaluating the application in May and subsequently requested additional information.
A 2025 Feasibility Study outlines an open-pit operation producing an average 177,000 ounces of gold annually over 13 years, with estimated construction capital of US$740 million.
B2Gold has budgeted US$61 million for Gramalote in 2026, including US$35 million for resettlement, small-scale mining programs, environmental work, and community initiatives.
The company has not made a development decision and continues to assess the project. It previously indicated that a decision on the next steps could be made by mid-2027.
B2Gold wholly owns Gramalote in Colombia’s Antioquia department. The Canada-based producer also operates gold mines in Mali, Namibia, the Philippines, and Nunavut.
Write to France Pinzon at Mining.com.au
Main image: B2Gold
