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Balance Sheet Cash Flow Statement 1 First Canadian Place, 100 King St. West, Ste. 7070 Toronto, Ontario M5X 1E3, Canada Tel. 416-366-2221 Fax 416-366-7722 |
Type: Public
On the web:
http://www.banro.com
Employees:
278
Banro is looking for a jewel in Africa's gold belt. The company explores and develops gold properties along the Twangiza-Namoya gold belt in the Congo. It is currently developing four gold projects (Kamituga, Lugushwa, Namoya, and Twangiza) located in the Maniema and South Kivu provinces. It has identified about 6.7 million ounces of measured and indicated resources on the properties. The flagship Twangiza project has a gold plant capable of treating 1.3 million tonnes of ore per annum. The Congolese government holds a small ownership stake in the company's operations.
Key numbers for fiscal year ending December, 2008:
Sales: $0.0M
Net income: ($8.5)M
Officers:
Chairman: Simon F. W. Village
President and CEO: Michael J. (Mike) Prinsloo
CFO: Donat K. Madilo
Competitors:
AngloGold Ashanti
First Quantum Minerals
Golden Star Resources
