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Re: Basque Trader post# 49290

Thursday, 03/03/2016 8:40:52 AM

Thursday, March 03, 2016 8:40:52 AM

Post# of 63744
So we need a couple of months to reach the full capacity? Quote: over the next few months we are ramping up our second mine at Namoya to full production

Will be interesting how much gold they produce in Q1. Banro needs usually more time for nearly everything, but i can wait.
For me every thing below 20.000 ounces in Q1 is a huge dissapointment.
We will see in about one month!

Website: Banro's Namoya (oxide and free-milling) mine entered commercial production on January 1, 2016. At full capacity, the Namoya mine, a hybrid heap leach – CIL plant, is expected to produce 9,000 to 10,000 ounces of gold per month.

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