Banro s first gold project the Twangiza oxide mine began producing gold in October last year and is projected to produce around 120 000 ounces during its first full year of operation The company is also carrying out exploration on two further fully permitted and licensed projects Kamituga and Lugushwa on the 210 km long Twangiza Namoya
Work at Namoya mine in 2015 Image courtesy of Banro Gunmen kidnapped a South African and one Zimbabwean worker at Banro Corp s gold mine in the east Congolese province of Maniema on Sunday
Shomka Resources Limited a Hong Kong based resources company Shomka Resources or the Company is pleased to announce that it has reached an agreement to buy 100 percent interest in Namoya Mining a wholly owned subsidiary of the Banro Corporation Ltd Banro located in the South East of the DRC in exchange for granting to Banro a perpetual
Banro is a Canadian gold company with production from its first gold project Twangiza which is located in the Democratic Republic of the Congo Banro is also focused on the development of its second open pit project Namoya and is undertaking exploration on two further fully permitted and licensed projects Kamituga and Lugushwa All Banro s current projects lie along the 210 km
mine Namoya as well as others in the province on care and maintenance which was going until June 2021 • On March 22 2021 through its New York attorney Subhana A Rahim Shomka Resources Ltd Develop ten year mine life at Namoya • 2024 Feasibility Project Develop multi million ounce reserve base at Lugushwa • 2025 Feasibility Project
The company also evacuated all of its employees at Namoya mine after trucks belonging to a contractor were caught in crossfire between soldiers and a local self defence militia
The company opened up its first gold mine Twangiza in September 2012 which was later followed by the second mine Namoya in January 2016 A little over a year since entering commercial production at its second mine while focused on overcoming operational hiccups and finding its feet as a larger two asset company in what is a
2 & 3/ Floors No 374 Col Mondjiba/ Kinshasa Ngaliema 243 998 187 474 27 78 596 43 53; info 1 905 449 1500 44 759 541 1499
Subsequently there were attempts to enter the Banro Namoya mine camp by armed intruders but they were repulsed by security There was at least one fatality among the intruders and one police fatality and one military personnel fatality All of the Banro s staff and workers were unharmed Reinforcements to support the police and military have
/PRNewswire FirstCall/ Banro Corporation "Banro" or the "Company" NYSE AMEX "BAA"; TSX "BAA" is pleased to report that surface exploration work
Banro Corporation is a Canadian gold mining company focused on production from the Twangiza oxide mine and development of four additional major wholly owned gold projects each with mining
During 2014 the Company scaled down its exploration activities at its Twangiza Namoya Lugushwa and Kamituga projects and focused its geological expertise in supporting production growth at
OVERVIEW Congo Premier Sarl is a Congolese mineral trading company which also intends to provide technical and financial support for the extraction transportation processing and exportation and marketing of Tin Tantalum Tungsten Mining and other minor groups Groupe Colombite CGM to a state owned industrial mining company which is a mitsCi member
On July 3 a convoy of 23 trucks belonging to contractors of the Namoya Mine and travelling from Baraka DRC to the Namoya Mine with supplies for the mine was trapped in a cross fire between the Congolese national army FARDC and an armed group in Lulimba on the National Road 5 N5 Lugushwa and Kamituga The four projects each of
September 9 2024 US$ value tops strong economics at G Mining s PEA for Oko West gold project in Guyana; September 9 2024 World Copper s Zonia project resource nears 1 billion lb in Arizona; September 9 Banro TSX BAA will put its Namoya gold mine in the Democratic Republic of Congo DRC up for sale at a significant
The financial model also reflects the favourable fiscal aspects of the Namoya project s Mining Convention which includes 100% equity interest and 10 year tax holiday from the start of production
Dnomination NAMOYA MINING Sigle NAMOYA MINING Date cration 13 03 2003 Date fermeture 19 04 2050 Siège 07 Av des Aviateurs 7È Étage Ubc
Banro Corporation has entered a definitive agreement to sell its Namoya Mining SA operating mine to a consortium of investors that includes Baiyin International Investment and Shomka Resources This follows the sale of its Namoya mine
years Banro developed Twangiza mine and Namoya mine in eastern DRC and advanced various exploration projects Banro has lurched from one crisis to another since 2012 It managed to secure investment from US based Gramercy Fund Management in 2014 and China s Baiyin International Investment in 2015
L intersyndical de Banro Corporation a dnonc la violation de l article 57 du Code de travail par l employeur Cela se justifie par le fait d avoir dcrt unilatralement le « cas de force majeur » et « suspendu tous les contrats de travailleurs de Namoya Mining Banro Mining Lugwisha et Kamituga Mining » en lieu et place de l inspecteur du Travail
Dnomination NAMOYA MINING Sigle NAMOYA MINING Date cration 13 03 2003 Date fermeture 19 04 2050 Siège 07 Av des Aviateurs 7È Étage Ubc
GOMA Congo Reuters A Mai Mai militia attacked Banro Corp s east Congo Namoya gold mine with rifle and artillery fire on Thursday a Banro geologist at the mine said killing five people
Paris listed Auplata Mining Group looks set to sign an agreement with Canada s Banro Corp to buy its Namoya gold mine in the eastern DRC province of Maniema On 11 May Auplata announced on the Euronext Growth Paris equity trading market that it was setting up a subsidiary in the DRC AMG Congo but gave no details of its specific The
3 Leda owns an interest in and to the Misisi Gold project the "Misisi Gold Project" or the "Project" located in the Fizi territory of South Kivu province in the DRC approximately 250 km south
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