The Globe and Mail reports in its Tuesday, Aug. 11, edition that TD Cowen analyst Wayne Lam boosted his recommendation for B2Gold to "buy" from "hold" in response to the announcement the Government of Mali has granted the Menankoto exploitation permit, clearing the company to begin mining-related activities within the permit area and advance the Fekola Regional deposit. The Globe's David Leeder writes in the Eye On Equities column that Mr. Lam gave his share target a $2.50 boost to $8.50. Analysts on average target the shares at $5.93. Mr. Lam says in a note: "We upgrade B2Gold shares with receipt of the Fekola Regional permit removing a substantial overhang given prolonged delay since announced economic agreement in September, 2024. This comes alongside a FCF inflection with completion of the prepay in Q2. Coupled with ramp up of Goose, we view B2Gold having turned a corner with potential catch up in performance ahead." The Globe reported on April 17, that National Bank Financial analysts continued to see a "favourable" market backdrop for precious metal prices through the remainder of the year. The analysts continued to rate B2Gold "outperform." The shares could then be had for $6.86.