Banro Corp. fka BAA

[CrazyDonkey]

Mining Research, an affiliate of HanOcci Capital Partners

"Mining Research Group Launches Independent Equity Research Product for the Gold and Precious Metals Sector":

http://www.newswire.ca/en/story/991037/mining-research-group-launches-independent-equity-research-product-for-the-gold-and-precious-metals-sector

"MRG's fully independent research and expertise will now be available to global institutional investors, mining corporations and other parties interested in gold and precious metals companies" said Michael Durose, CEO "We plan to expand this coverage to include international precious metal equities in the near future."

The comprehensive and granular proprietary database consists of detailed financial models for 127 mining projects. For each operating mine and development project, estimates are made for key inputs including:

Commodity price and exchange rates;
Proven, probable, and potential recoverable reserves and resources;
Annual mining rates;
Annual processing capacity;
Metallurgical recovery factors;
Unit per tonne operating cost estimates (mining, processing, general and administrative);
Pre-production capital expenditures;
Sustaining capital costs;
Closure costs
Working capital estimates.

Detailed operating and financial projections have been generated for each mine, with a series of economic measures (total cash flow, net present value, internal rate of return etc.) calculated for an assortment of metal price, exchange rate, and discount rate assumptions. The broad scope and highly detailed nature of the database allows MRG to make costing projections for various types of mining projects in diverse jurisdictions, allowing for predictive economic assessments, particularly for earlier-stage projects at the advanced exploration/early development stage.