Banro Corporation is a Canadian gold mining company focused on production from the Twangiza mine, which began commercial production September 1, 2012, and completion of commissioning of its second gold mine at Namoya located approximately 200 kilometres southwest of the Twangiza gold mine. The Company's longer term objectives include the development of two additional major, wholly-owned gold projects, Lugushwa and Kamituga. The Four projects, each of which has a mining license, are located along the 210 kilometre long Twangiza-Namoya gold belt in the South Kivu and Maniema provinces of the DRC. All business activities are followed in a socially and environmentally responsible manner.
Led by a proven management team with extensive gold and African experience, Banro's business model is to focus on the substantial and open pit-able oxide resources it has delineated to date. Banro has identified 2.91 million ounces of Mineral Reserves (Proven & Probable), 7.73 million ounces of Measured and Indicated Resources, plus Inferred Resources of 5.26 million ounces along this highly-prospective gold belt.