TORONTO, ONTARIO -- (Marketwire) -- 07/13/12 -- Banro Corporation ("Banro" or the "Company") (NYSE MKT: BAA)(NYSE Amex: BAA)(TSX: BAA) wishes to provide a brief comment on its operations in respect of disturbances in the NE DRC which are being reported by various media.
While the Company is aware of activities along the northeast border of the [...]
Banro is pleased to provide an update on the Company's initiatives to improve access to education in the Democratic Republic of the Congo, which initiatives are being undertaken by its DRC subsidiaries directly and through the Banro Foundation. The Banro Foundation; Established in 2005 and based in Bukavu, DRC, the Banro Foundation is a registered [...]
Banro provides an operations update for its Twangiza gold mine in the Democratic Republic of the Congo in advance of commercial production declaration, now anticipated for the third quarter of 2012. Gold production declared from Twangiza to date has averaged approximately 60% of the rated capacity of the plant, primarily owing to the downtime of [...]
Banro announces that the Company will begin owner-operator mining at the Twangiza gold mine in the Democratic Republic of the Congo, moving away from the contract mining provided by Banlaw Afrique DRC Sprl. This strategic decision provides Banro with greater control over all mining and earthworks at Twangiza and will further reduce costs on an [...]
TORONTO, ONTARIO -- (Marketwire) -- 05/11/12 -- Banro Corporation ("Banro" or the "Company") (TSX: BAA)(NYSE Amex: BAA) is pleased to announce the appointment of Mr. Colin Belshaw as Vice President, Operations of the Company, effective May 20, 2012. In this position, Mr. Belshaw will have direct responsibility for all operations, including the [...]
Banro Corporation (provides an operations update for its Twangiza oxide mine and its Namoya development project, both located on the Twangiza - Namoya gold belt in the Democratic Republic of the Congo. First quarter 2012 gold output from Twangiza oxide mine through the commissioning process was 17,412 ounces at an average cash cost of $613/oz and [...]
TORONTO, ONTARIO -- (Marketwire) -- 04/09/12 -- Banro Corporation ("Banro" or the "Company") (TSX: BAA)(NYSE Amex: BAA) announces several changes to its board of directors effective immediately.
Mr. Bernard van Rooyen, a Banro director since 1997, will assume the role of Board Chairman and Dr. Peter Ruxton, Banro director since October 2010, has [...]
TORONTO, ONTARIO -- (Marketwire) -- 03/27/12 -- Banro Corporation ("Banro" or the "Company") (TSX: BAA)(NYSE Amex: BAA) announces that a Form 40-F report has been filed with the U.S. Securities and Exchange Commission, consisting of the Company's 2011 annual audited consolidated financial statements, management's discussion and analysis and [...]
TORONTO, ONTARIO -- (Marketwire) -- 03/12/12 -- Banro Corporation ('Banro' or the 'Company') (TSX: BAA)(NYSE Amex: BAA) announces that it has filed on SEDAR and EDGAR a National Instrument 43-101 technical report in respect of the Company's Namoya Phase 1 Gold Project. This report, which was prepared by Venmyn Rand (Pty) Ltd, is dated January 24
Banro is pleased to announce the closing of its US$175 million debt financing detailed in its press release dated February 24, 2012. This debt offering by the Company of 175,000 units consisted of US$175,000,000 aggregate principal amount of senior secured notes with an interest rate of 10% and a maturity date of March 1, 2017 and 8,400,000 [...]
TORONTO, ONTARIO -- (Marketwire) -- 02/24/12 -- Banro Corporation ('Banro' or the 'Company') (TSX: BAA)(NYSE Amex: BAA) is pleased to announce that, further to its February 6, 2012 press release, it intends to increase the size of its brokered private placement debt offering to gross proceeds of US$175 million. This financing now involves an
TORONTO, ONTARIO -- (Marketwire) -- 02/06/12 -- Banro Corporation ('Banro' or the 'Company') (NYSE Amex: BAA)(TSX: BAA) is pleased to announce that it intends to proceed with a brokered private placement debt offering for gross proceeds of up to US$125 million. This financing will involve an offering of units, with each such unit to be comprised
