TORONTO, ONTARIO -- (Marketwire) -- 03/06/13 -- Banro Corporation ("Banro" or the "Company") (TSX: BAA)(NYSE Amex: BAA)(NYSE MKT: BAA) announces that Mr. Simon Village has stepped down from his roles as President and Chief Executive Officer of the Company effective immediately. The Company thanks Mr. Village for his years of service and wishes him [...]
TORONTO, ONTARIO -- (Marketwire) -- 02/21/13 -- Banro Corporation ("Banro" or the "Company") (TSX: BAA)(NYSE Amex: BAA)(NYSE MKT: BAA) is pleased to announce that it has entered into agreements to arrange a financing package of up to US$90 million, comprising:
-- the issue of preferred shares to the value of US$40 million to BlackRock World [...]
Banro Corporation is pleased to provide an update of its Mineral Resource and Mineral Reserve estimates at its wholly-owned projects on the Twangiza-Namoya gold belt in the DRC. Exploration drilling during 2012 at the four core projects, Twangiza, Namoya, Lugushwa and Kamituga, has resulted in positive growth in Mineral Resources and Mineral [...]
Banro is pleased to provide a gold production update for its Twangiza Gold Mine in the Democratic Republic of the Congo. Twangiza produced 19,750 ounces of gold for the final quarter of 2012. This was Twangiza's best quarterly performance since start-up, which has enabled management to fully assess the expansion potential, and operational issues [...]
Banro is pleased to provide a production update for its Twangiza Gold Mine in the Democratic Republic of the Congo. Following the reinstatement of Ball Mill 1 in September 2012, gold production at the Twangiza Gold Mine has been steadily increasing as a result of improved plant availabilities. This is demonstrated by November's performance with [...]
Banro Corporation is pleased to provide a corporate update of its operations in the Democratic Republic of the Congo and an outlook for 2013. While Banro continues to target oxide and free-milling resources across the Twangiza-Namoya gold belt, the focus is clearly now on a brownfields strategy, which will enhance the returns on capital and shorten [...]
Banro is pleased to provide an operational update of its projects in the Democratic Republic of the Congo and an outlook for 2013. Highlights: Twangiza's expansion is underway, with US$9 million already committed to increasing CIL and elution capacity, aiming at throughputs of 1.7Mtpa and recoveries of 87-90%, delivering in the order of 10,000 [...]
Banro makes a brief comment on the security issues in the NE Democratic Republic of the Congo. The M-23, who are former members of the DRC military based in North Kivu, and who rebelled from the Congolese army in March 2012, have marched on the city of Goma in order to draw attention to their concerns with their grievances and secure discussions [...]
Banro is pleased to provide the following update on its exploration activities at its wholly-owned projects on the Twangiza-Namoya gold belt in the Democratic Republic of the Congo. Exploration drilling at the four core projects - Twangiza, Namoya, Lugushwa and Kamituga - over the past ten months supports positive upgrades to oxide and free-milling [...]
Banrois pleased to report that the Banro Foundation, a registered charity in the Democratic Republic of the Congo, is on track to complete its most ambitious year to date in advancing the quality and availability of health care in six communities of the eastern DRC.
Banro is pleased to declare that its Twangiza gold mine, Banro's first gold mine along the Twangiza-Namoya gold belt in the Democratic Republic of the Congo, has reached commercial production and the Company will begin reporting revenue as of September 1.
Banro announces that the No. 1 Ball Mill at Twangiza was put back into operation July 19, 2012. On June 21, 2012, Banro announced that Twangiza's No. 1 Ball Mill had suffered mill motor failures due to excessive vibration. Necessary engineering remedial action taken was the extension of the mounting plinth and the fabrication of a new motor base [...]
