Company News: Banro Corp
Updated: 22 Mar 2010
Banro is a Canadian-based gold exploration and development company with four wholly-owned properties, each with mining licenses, along a major gold belt of the Democratic Republic of the Congo. The Company is constructing a "phase one" gold mine at its Twangiza project, which is designed to process 1.3 million tonnes of ore per year and is scheduled to begin operations in late 2011. Banro has to date identified 6.72 million ounces of Measured and Indicated Resources, plus Inferred Resources of 4.46 million ounces.
Business Category Exploration; Mining
Regions of Operation Central and East Africa; Southern Africa
Exchange Ticker BAA
Web: www.banro.com
Financial Information
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Exchanges listed on TSX
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Market Cap
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- ca
Most Recent Company News
- Banro’s van Rooyen - 20 Apr 2012 12:40pm
Gold producer and developer Banro Corp said Bernard van Rooyen would take over as chairman Read more... - Gold: Verifying conflict-free gold - 05 Apr 2012 1:37pm
The World Gold Council has released the latest draft of its Conflict-Free Gold Standard Read more... - Banro revises Namoya plan - 27 Jan 2012 1:18pm
Banro Corp has readdressed its plans for the Namoya gold project in the Democratic Republic of the Congo, focusing on the first phase of development, exploiting oxide and transitional mineralisation. Read more... - First pour at Twangiza - 14 Oct 2011 2:18pm
The Twangiza gold operation in the Democratic Republic of the Congo, where owner Banro Corp has achieved the first gold pour after two years of construction Read more... - Banro reports progress at Twangiza - 06 Sep 2011 3:29pm
Banro Corp has announced that the construction of its wholly-owned Twangiza Phase 1 gold project in South Kivu Province, DRC, is proceeding on schedule Read more... - DRC: Maturing mining market - 19 Aug 2011 11:41am
Increasing stability in the DRC is attracting investors from around the world Read more... - Twangiza on schedule - 19 Aug 2011 11:41am
Banro Corp anticipates pouring the first gold at its Twangiza project in the Democratic Republic of the Congo during the December quarter this year Read more... - Banro considers Chinese partnership - 28 Apr 2011 12:15pm
Toronto-based Banro Corp has signed a memorandum of understanding (MoU) with China Gold International Resources Corp for development of Banro’s wholly-owned Twangiza project in the Democratic Republic of the Congo Read more... - Banro plans raising - 11 Feb 2011 11:10am
Canadian-based gold explorer Banro Corp intends to raise C$56.88 million after entering into an agreement with an investor syndicate for the placement of 17.5 million special warrants at C$3.25 each Read more... - Banro's Namoya alternative - 28 Jan 2011 10:20am
Banro Gold Corp’s Namoya gold project in the Democratic Republic of the Congo could be exploited using heap-leaching gold recovery, after a revised scoping study found potential for 124,000oz/y production Read more...
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