Resource News

Banro Corporation (TSX:BAA,AMEX:BAA) announced updates to operations at its DRC-based Twangiza gold property.

Banro Corporation (TSX:BAA,AMEX:BAA) announced updates to operations at its DRC-based Twangiza gold property.

As quoted in the press release:

Gold production declared from Twangiza to date has averaged approximately 60% of the rated capacity of the plant, primarily owing to the downtime of the No. 1 Ball Mill due solely to problems with the motor.

Banro’s President and CEO, Simon Village said:

During the past six months’ commissioning, the team has also worked through all aspects of becoming an integrated gold company and this has led to a number of material cost reductions, which will have an immediate impact on the bottom line.

Click here for the Banro Corporation (TSX:BAA) press release.

Featured

MARKETS

Markets
TSX19837.25-52.81
TSXV700.90-10.29
DOW31834.11-326.63
S&P 5003935.18-65.87
NASD11364.24-373.44
ASX7064.70+13.50

COMMODITIES

Commodities
Gold1851.83-2.27
Silver21.41-0.12
Copper4.08-0.13
Palladium1992.50-28.50
Platinum988.00-3.50
Oil103.79-1.92
Heating Oil3.67-0.09
Natural Gas7.44-0.20

DOWNLOAD FREE REPORTS

×