Wow! Nice company….whats not to like…they help kids and mine gold…..still looking but a quick read says they re-test old highs….. IMO
Banro is a Canadian-based gold exploration company focused on the development of four major, wholly-owned gold projects, each with mining licenses, along the 210 kilometre-long Twangiza-Namoya gold belt in the South Kivu and Maniema provinces of the DRC. Led by a proven management team with extensive gold and African experience, the Company is commencing construction of “phase one” of its flagship Twangiza project and to that end has acquired a gold plant capable of treating 1.3 million tonnes of ore per year. Banro’s strategy is to unlock shareholder value by increasing and developing its significant gold assets in a socially and environmentally responsible manner.
With the handover of the Saramabila Institute, which is designed to serve 300 students, and the expected completion in November 2009 of the new Kigumo Health Centre near the Company’s Lugushwa project, the Banro Foundation will have completed an ambitious cycle of major social infrastructure projects begun in 2008 that includes two new high schools, a potable water delivery system serving 18,000 people in four villages, a new health care centre, the construction or re-construction of over 100 kilometres of roads and bridges and the distribution of medical equipment from Canada to seven regional hospitals and clinics. The Banro Foundation will now work with local community leaders at its three active project sites to determine the next cycle of community projects.
