Banro Corp. fka BAA

[OhManIDied]

Production news w/ tables

http://news.banro.com/press-releases/banro-announces-q3-production-results-nyse-mkt-baa-201510131028246001

Q3 OPERATIONAL HIGHLIGHTS

**Twangiza produced 34,824 ounces of gold in the third quarter of 2015, a 28% increase over Q3 2014 (27,171 ounces in Q3 2014), for year-to-date production of 105,092 ounces of gold.
**Namoya achieved average monthly stacking levels of approximately 149,000 tonnes in Q3 2015 as the mine continued to improve operational performance.
**Throughput at the Twangiza process plant achieved 104% of the 1.7 million tonnes per annum ("Mtpa") annualized design capacity.
**Twangiza and Namoya produced a combined 46,981 ounces of gold during Q3 2015, a 5% increase over the previous quarter or a year-to-date production of 137,028 ounces. This re-affirms the previously stated 2015 consolidated gold production guidance of 175,000 to 195,000 ounces.

"Twangiza is proving to be a very stable and reliable operation, having achieved more than a year of strong production. The ability to process significant levels of non-oxide material at high overall throughput levels also indicates the potential for continued incremental improvements with the existing plant. Meanwhile, Twangiza management is continuing to identify new opportunities for operational growth. Namoya made significant strides in heap leach processing over the third quarter, with stacking approaching 450,000 tonnes and an increase in stacked gold content of over 47% for the quarter. However, due to the lagging nature of heap leach gold production, the operation has not yet realized the full benefit in gold production. The first component of the new larger mining fleet was commissioned late in the quarter and is supporting improved access to additional mining faces and ore availability. This is a vital contribution to enhancing near term production," commented Banro President and CEO John Clarke.