Sabina Gold & Silver

What Sabina Gold & Silver does

Sabina Gold & Silver Corp. is a Canadian precious metals miner historically focused on the exploration, development, and extraction of gold and silver assets. Founded in 1966 and headquartered in Vancouver, British Columbia, the company's signature asset is the Back River Project in Nunavut, Canada — a gold district hosting multiple deposits with the Goose Mine targeted as the first producing operation. In February 2022, the company closed a US$520 million financing package — comprising debt, prepay facilities, streams, and equity — to fund construction of the Goose Mine, with first gold pour targeted for Q1 2025. The capital stack included streaming counterparties such as Orion Resource Partners and Wheaton Precious Metals.

The company's monetization mechanism is direct commodity sales: refined gold and silver sold into global commodity markets to refineries, central banks, jewelry manufacturers, and precious metals traders. Pricing is set by the spot market rather than negotiated contracts. Beyond extraction, Sabina promoted an integrated land management framework emphasizing sustainable mining, environmental stewardship, water management, biodiversity conservation, and community engagement — practices that are particularly material in the remote northern jurisdiction of Nunavut, where engagement with local communities and regulatory compliance are foundational to license-to-operate. Across 2010–2022 Sabina executed more than 16 discrete equity and financing rounds to advance the Back River Project through exploration, permitting, and construction.

Following its development-stage activities, Sabina was acquired by B2Gold Corp. (TSX: BTO; NYSE American: BTG), a publicly listed international gold producer operating the Fekola (Mali), Masbate (Philippines), Otjikoto (Namibia), and Goose (Canada) mines alongside the development-stage Back River and Gramalote (Colombia) projects. Goose Mine and Back River are now listed under B2Gold's Producing operations, and Sabina's standalone public listing is delisted.

Name

Sabina Gold & Silver

Legal name

B2Gold Corp.

Website

https://sabinagoldsilver.com

Company type

Public

Founded year

2007

Operating status

Operating

Headcount range

101–250 employees

Short description

Sabina Gold & Silver is a Canadian precious metals miner developing the Back River gold district in Nunavut, Canada, principally through the Goose Mine. The company was acquired by B2Gold Corp., integrating the project into B2Gold's producing-asset portfolio.

Ownership category

akta.pro rank

Product category

Gold and Silver Mining

NAICS

Gold Ore and Silver Ore Mining (212220), Gold Ore and Silver Ore Mining (21222), Metal Ore Mining (2122)

SIC

Gold And Silver Ores (1040), Metal Mining (1000)

akta.pro primary industry

Gold Mining (IMAKAEAA)

akta.pro secondary industry

Precious Metals Exploration & Project Development (IMAKAEAI)

Keywords

• Gold mining operations
• Silver mining operations
• Precious metals exploration
• Mineral resource development
• Sustainable mining services

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure

Core offering

Sabina Gold & Silver is a mining company engaged in the exploration, development, and extraction of gold and silver. Its primary asset is the Goose Mine within the Back River Project in Nunavut, Canada, where it targets gold production with first pour in Q1 2025. The company also pursues integrated land management services emphasizing responsible mining, environmental stewardship, and community engagement.

Product overview

Sabina Gold & Silver is a mining development company focused on gold extraction. The company's primary product is the Goose Mine, an underground gold mine under development at its Back River Project in Nunavut, Canada. The company also offers integrated land management services emphasizing sustainable mining practices, environmental stewardship, water management, biodiversity conservation, and community engagement.

Differentiator

Problem solved

Functional benefit

Brands

• Namibian Rhino Gold Bar: Specialty gold bar product supporting rhino conservation in Namibia.

Products and services

• Goose Mine

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Direct peers

• Eldorado Gold Corporation: Mid-tier gold producer with operating mines in Turkey, Greece, and Canada (including Quebec). Comparable to Sabina as a gold-focused mid-tier with development assets transitioning to production.
• Alamos Gold Inc. Intermediate gold producer with operating mines in Mexico (Mulatos) and Canada (Island Gold). Comparable as a North America-focused mid-tier gold producer with a strong development/expansion pipeline.
• IAMGOLD Corporation: Canadian mid-tier gold producer with producing assets in West Africa, Quebec, and Ontario, plus a development project (Côté Lake). Closely comparable to Sabina in size, Canadian listing, and development-stage pipeline.
• New Gold Inc. Intermediate gold producer with operating assets in British Columbia (New Afton) and Ontario (Rainy River). Comparable to Sabina/B2Gold as a North America-focused mid-tier gold producer with development exposure.
• B2Gold Corp. Acquirer of Sabina and operator of the Goose Mine and Back River Project. A direct peer as a multi-jurisdictional mid-tier gold producer with producing assets in Mali, the Philippines, Namibia, and Canada.
• TMAC Resources Inc. Canadian-listed junior gold producer that operated the Doris and Madrid mines in Nunavut prior to acquisition by Agnico Eagle. Closely comparable to Sabina on jurisdiction, asset type, and development-stage profile.

Emerging players

• Orla Mining Ltd. Emerging gold producer-developer with the Camino Rojo mine in Mexico and the South Railroad project in Nevada. Comparable as a Canadian-listed gold developer transitioning to a multi-asset producer.

Broad incumbents

• Agnico Eagle Mines Limited: One of the largest Canadian-based gold producers with a diversified portfolio of operating mines in Canada, Mexico, Finland, and Australia. Comparable as a senior precious-metals operator with Arctic Canada exposure (Nunavut and NWT).
• Kinross Gold Corporation: Senior gold producer operating mines in the Americas and West Africa. Comparable as a mid-to-large cap gold producer with a similar capital-allocation and development pipeline profile.

Others

• Wheaton Precious Metals Corp. Largest precious-metals streaming company globally and a key Sabina financing counterparty. Comparable not as a producer peer but as the streaming/royalty counterparty that has funded Sabina's Goose Mine development.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/BRP_Sabina
• YouTubevimeo.com/b2goldcorp?msockid=26b6711f1a826ee41cca63731b366fa0
• Facebookfacebook.com/B2GoldCorp
• LinkedInlinkedin.com/company/b2gold

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries6 records

Funding overview

Funding rounds16 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sabina Gold & Silver