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2011-01-24 07:00:00

TORONTO, Jan. 24 /PRNewswire/ - Banro Corporation ("Banro" or the "Company") (NYSE AMEX - "BAA"; TSX - "BAA") is pleased to announce completion of a Preliminary Assessment of its Namoya heap leach project, located on the Twangiza-Namoya gold belt in the Democratic Republic of the Congo (the "DRC"). Highlights include: Average annual production of 124,053 ounces of gold per annum over 7 year mine life. Average total cash operating costs (including royalties) of US$359/oz with...

2010-12-09 18:36:00

LOS ANGELES, Dec. 9, 2010 /PRNewswire/ -- The City of Victorville recovers virtually all damages incurred from the failed Foxborough Cogeneration Power Plant in which Carter and Burgess acted as the Design Engineer, Owner's Engineer and Construction Manager. The $52.1 Million Verdict included a first time Breach of Fiduciary Duty verdict against a California engineering firm. Gibbs, Giden, Locher, Turner & Senet LLP ('GGLTS') one of California's top Construction Law Firms led the...

2009-08-13 07:00:00

TORONTO, Aug. 13 /PRNewswire-FirstCall/ - Banro Corporation ("Banro" or the "Company") (NYSE AMEX - "BAA"; TSX - "BAA") is pleased to announce that it has entered into an agreement to purchase a refurbished gold processing plant (the "plant") capable of achieving a throughput capacity of 1.3 million tonnes per annum. The closing of the purchase of the plant is expected to occur on or about September 21, 2009. This acquisition supports the Company's strategy of advancing production through a...

2009-01-26 08:15:00

TORONTO, Jan. 26 /PRNewswire-FirstCall/ - Banro Corporation ("Banro" or the "Company") (TSX - "BAA"; NYSE Alternext US - "BAA";) is pleased to announce results of the Feasibility Study ("FS") of its wholly-owned Twangiza project, located on the Twangiza-Namoya gold belt in the Democratic Republic of the Congo (the "DRC"). This follows the Pre-Feasibility Study ("PFS") of the Twangiza Project, the results of which were announced in a press release issued on July 7, 2008. Highlights...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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