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EYEBROW

29 September 2017
Test edition
Test edition

Summary of this Test edition

EYEBROW

26 September 2017

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W Resources receives La Parrilla funding

US Special Situations Fund to loan US$30 million

Money meets copper evangelist's mouth

CopperBank has a few rules as it looks for partners for three projects

Premier's Hasaga has room to grow

Red Lake gold project shows off underground potential

Cobalt growth on the horizon for Glencore

Most commodities expected to grow over 2018-2020

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Mine Risk Management > Politics

Banro running out of cash (and time)

The clock appears to be ticking down on Banro Corp (CN: BAA). With its Namoya mine in the Democratic Republic of Congo still under blockade, Banro says it is running out of cash and may not be able to meet its debt servicing and working capital requirements.

Cameron French in Toronto

Mine Risk Management > Politics

Banro running out of cash (and time)

The clock appears to be ticking down on Banro Corp (CN: BAA). With its Namoya mine in the Democratic Republic of Congo still under blockade, Banro says it is running out of cash and may not be able to meet its debt servicing and working capital requirements.

Cameron French in Toronto

Banro running out of cash (and time)

Banro suspended Namoya in September after groups blocked access to the mine

The company's shares fell an even 50% after the disclosure, pulling its stock to a new low of C19.5c in Toronto, as Banro said there is "substantial doubt as to the company's ability to continue as a going concern".

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