B2Gold’s president, CEO to retire from company in June
Clive Johnson founded company that operates Goose Mine in Nunavut
Clive Johnson, president and CEO of B2Gold Corp., is stepping down after serving at the company for 19 years. Johnson speaks at the grand opening of the Goose Mine on Sept. 4 last year. (Photo by Arty Sarkisian)
The founder and CEO of B2Gold Corp., which operates the Goose Mine in Nunavut, is stepping down after 19 years at the helm.
Clive Johnson intends to retire from his roles as president, CEO and director at the company’s annual general meeting in June, the firm announced in a news release Monday.
Johnson has run B2Gold since its founding in 2007. It currently operates four mines worldwide producing one million ounces of gold per year.
In the release, Johnson said he is “proud of the [company’s] contributions to the communities in which we operate around the world, which hopefully leave them in a better place than when we arrived.”
Gold is typically seen as a safe asset in times of political turbulence. On Monday afternoon, it was valued at C$7,138 (US$5,212) per ounce, according to TD Precious Metals.
Mike Cinnamond, currently senior vice-president of finance and chief financial officer for B2Gold, will replace Johnson as president and CEO on June 4, the news release said.
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