Banro Corporation

Twangiza starts commercial production

 Three years ago the area around Banro Corp.’s (BAA-T, BAA-N) Twangiza gold deposit in the Democratic Republic of the Congo had no passable roads, power, workable infrastructure or skilled mining labour. Today the Twangiza oxide mine…


Facilites at Banro's Twangiza open-pit gold mine near Bukavu in the east of the Democratic Republic of the Congo. Photo by Banro

Banro faces delay during Twangiza ramp-up

Just days after taking the keys from contract mine developer Banlaw Afrique, Canadian miner Banro (BAA-T, BAA-X) has run into delays while comissioning its 100%-owned Twangiza open-pit gold mine, 45 km southwest of Bukavu in the Democractic…


Banro faces delay during Twangiza ramp-up

VANCOUVER — Just days after taking the keys from mine developer Banlaw Afrique, Canadian gold outfit Banro Corp. (BAA-T, BAA-X) has run into delays during the comissioning of its 100%-owned Twangiza open-pit mine 45 km southwest of Bukavu…


TSX higher on stronger resource prices

While rising oil prices were being blamed south of the border for weaker markets, thanks to its heavy resource exposure the TSX Composite Index managed to climb 187 points to finish the holiday shortened Feb. 21-24 period at 12,725.77 points.



The Panzi Hospital near Bukavu, in the eastern Democratic Republic of the Congo. Photo by Banro Foundation

Banro raises $80K for Congolese hospital

The Banro Foundation, a charity created by Canadian gold miner Banro (BAA-T, BAA-N) in the Democratic Republic of the Congo, has raised $80,000 for the Panzi Hospital in the eastern part of the country.


Banro raises funds for Congolese hospital

The Banro Foundation, a charity created by Canadian gold explorer Banro (BAA-T, BAA-N)  in the Democratic Republic of the Congo, raised $80,000 for the Panzi Hospital in the eastern part of the country.



Construction at Banro's Twangiza gold project in the eastern DRC. Photo by Banro

Banro, China Gold to team up in the DRC

Just days after saying that a document regarding a possible takeover was a fake, Banro (BAA-T, BAA-X) has announced that it will team up with a Chinese major. 


TSX rides silver and gold higher

Silver and gold were the theme of the holiday shortened Apr 18 -21 period, and the strength of the two metals helped ensure that the TSX Composite Index would finish higher than where it began. The Index managed a gain of 234 points to move up…



Rumors propel Banro shares

Banro (BAA-T, BAA-X) says it was nothing more than a rumor but whatever its merit an unspecified document sent the company’s shares surging over a three-day period. While the company would offer no direct information as to the nature of the…


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