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GOLD

Banro banks on DRC success as 2nd mine nears commercial production

Twangiza Blessed with a vast mineral wealth, the Democratic Republic of Congo (DRC) has also been cursed with a recent history of a corrupt government and deadly conflicts. On a more stable footing since the mid-2000s and slowly putting the past behind it,...
2nd June 2014
 
GOLD

Banro pours first gold at DRC mine

TSX-listed Banro Corp, which is focused on the 210-km long Twangiza-Namoya gold belt, in the South Kivu and Maniema provinces of the Democratic Republic of Congo (DRC), on Tuesday announced that it had kick-started first gold output from its new...
31st December 2013
 
NEW REPORT AVAILABLE

Banro eyes second DRC mine, enviro nod for Deep Yellow, Anglo Inyosi launches R4.2bn colliery andmore in the African Mining Roundup

This month's electronic report includes details on Banro Corp intention to start producing gold at a second gold mine, in the Democratic Republic of Congo within the next year; Deep Yellow receipt of environmental approval for its Shiyela iron-ore...
18th April 2012
 
APPOINTMENTS

Van Rooyen takes up chair's seat at Banro

Democratic Republic of Congo- (DRC-) focused gold miner Banro Corp has appointed Bernard van Rooyen as chairperson, and said director Peter Ruxton would leave to pursue other interests. Simon Village had previously held both the CEO and the...
10th April 2012
 
GOLD

Banro says in 'preliminary discussions' after fake document circulated

A document that has been circulated in the market regarding corporate activity by gold hopeful Banro Corp was not issued by the company, and it does not know the source of the report, the firm said on Monday. However, Banro did disclose in a...
18th April 2011
 
GOLD

Banro to start feasibility study on next DRC mine

Toronto-based Banro Corp, which is building the Twangiza gold mine in the Democratic Republic of Congo, has completed a preliminary assessment (PA) on a second project on the same gold belt, called Namoya. The heap-leach operation could produce...
24th January 2011
 
GOLD

Banro 'in no rush' for new CEO after Prinsloo exit

Banro Corp, which is building a gold mine in the Democratic Republic of Congo, has appointed chairperson Simon Village as interim CEO to replace Mike Prinsloo, whose three-year contract ends in mid-September. The company, which plans to produce...
23rd August 2010
 
GOLD

Banro gold plant on its way

Amex- and TSX-listed Banro Corp expects the reconditioned gold processing plant bought last year for its Twangiza gold project, in the Democratic Republic of Congo, to arrive at the port of Mombasa in Kenya next month. The plant, which will be...
16th June 2010
 
AFRICA

DRC could rank with Ghana, Tanzania in 10 years – Banro chair Video Available

Banro Corp chairperson Simon Village Investors will become increasingly comfortable with mining in the Democratic Republic of Congo, which has the potential to become the largest gold producer in Africa, Banro Corp chairperson Simon Village said on Tuesday. “I believe the DRC,...
9th March 2010
 
GOLD

Randgold won't overpay for 'over-promoted' assets Audio Available

Gold producer Randgold Resources is keen to take advantage of acquisition opportunities, but refuses to pay a premium for projects that are being talked up unreasonably by potential sellers, CEO Mark Bristow said in Toronto on Wednesday. “This...
5th March 2009
 
Video Clips

Daily podcast – March 2, 2009 Audio Available

Trevor Manuel In today's podcast: Finance Minister Trevor Manuel says more jobs could be lost in the mining industry; and BHP Billiton says operations at one of its iron mines in Australia's Pilbara region were suspended due to heavy rains.
2nd March 2009
 
GOLD

Banro looking for big brother to help fund DRC gold mine Audio Available

Canadian gold junior Banro Corp is looking for a strategic partner to take a stake of as much as 60%, possibly in the company itself or its flagship project, and assist in financing the construction and start up of the mine, says president and CEO...
27th February 2009
 
 
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