For the repayment, B2Gold used existing cash on hand and some of its $500 million revolving credit facility, with the latter left with an outstanding balance of $400 million and a remaining undrawn capacity of $100 million. The repayment is part of its strategy to fund construction of the Fekola mine in Mali without using equity financing. B2Gold had forecast for total debt reduction this year from $700 million in January, to about $500 million by the end of the December quarter. It planned to continue its debt reduction strategy going into the New Year.