Banro (BAA) Stock Price, News & Analysis

Banro Corp (Banro) is a Canada-based gold mining company. The Company, through its subsidiaries, holds interest in a number of gold properties, including Twangiza, Namoya, Lugushwa and Kamituga. The Company is focused on production from the Twangiza gold mine in the Democratic Republic of the Congo (DRC). The Company's properties, totaling approximately 2,000 square kilometers, are covered by a total of over 10 exploitation permits or mining licenses. The Company, through its DRC subsidiary, Banro Congo Mining SA, holds over 10 exploration permits covering an aggregate of over 2,600 square kilometers. Approximately 10 of the exploration permits are located near its Twangiza property and approximately four are located near the Namoya property. The Twangiza property is located in the South Kivu Province of the DRC, and has an area of approximately 1,000 square kilometers. Namoya consists of prospects, including Mwendamboko, Muviringu, Kakula, Namoya Summit, Seketi and Kangurube.