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DRC

Banro wants to seal a second mine sale

The road to Canadian firm Banro Corp's sale of its [...] (177 words)

Issue dated 25/02/2020

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Mining

Investors unfazed by Banro's Namoya gold mine troubles

The Congolese Namoya gold mine has not had an easy ride over the past few years but that does not seem to have put off investors. [...]

DRC Mining 05/01/2021

Second time lucky for Banro and Shomka over sale of Namoya gold mine?

The deal reached in late June by Canada's Banro to cede the Namoya gold mine in the DRC to Hong Kong's Shomka Resources has fallen through. It is now another entity controlled by Shomka's boss that is negotiating the acquisition of Namoya. [...]

DRC Mining 07/07/2020

Former deputy mines minister takes control of Banro's ill-starred Namoya gold deposit

Shomka Resources, the company which has just acquired Congo's Namoya gold mine from Canada's Banro group, is headed by Victor Kasongo Shomary, a former deputy mines minister during the presidency of Joseph Kabila. [...]

Victor Kasongo Shomary, when he was deputy minister of mines. © Reuters

DRC Mining 25/02/2020

Baiyin weighs merits of sustained open pit mining at Twangiza

The decision to place the Congolese gold mine Twangiza under care and maintenance until the end of October, as announced [...]

DRC Mining 26/11/2019

Banro loses battle on the ground but wins the war against its shareholders

The embattled Canadian group Banro Corp has had to freeze operations at its Namoya gold mine in DRC due to [...]

AFRICA 30/07/2019

Brett Richards has plans beyond Congolese gold

Although he has been busy with the reorganisation of the gold producer that he heads, Banro Corp, especially to help [...]

DRC 02/07/2019

Chinese Baiyin steps up to relieve Banro of Twangiza gold

The shareholders and management of Canadian firm Banro Corp have made a strategic decision to help the company claw its [...]

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Banro wants to seal a second mine sale

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Investors unfazed by Banro's Namoya gold mine troubles

Second time lucky for Banro and Shomka over sale of Namoya gold mine?

Former deputy mines minister takes control of Banro's ill-starred Namoya gold deposit

Baiyin weighs merits of sustained open pit mining at Twangiza

Banro loses battle on the ground but wins the war against its shareholders

Brett Richards has plans beyond Congolese gold

Chinese Baiyin steps up to relieve Banro of Twangiza gold

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Banro wants to seal a second mine sale

This article may be accessed by subscribers and e-wallet holders (USD 6)

2 options offered to continue reading

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Investors unfazed by Banro's Namoya gold mine troubles

Second time lucky for Banro and Shomka over sale of Namoya gold mine?

Former deputy mines minister takes control of Banro's ill-starred Namoya gold deposit

Baiyin weighs merits of sustained open pit mining at Twangiza

Banro loses battle on the ground but wins the war against its shareholders

Brett Richards has plans beyond Congolese gold

Chinese Baiyin steps up to relieve Banro of Twangiza gold

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Indigo Publications also publishes: