Banro Corporation
Dual-listed Banro Corporation has reported an attempted armed robbery at its Twangiza mine camp in which four lives were claimed.

The Canadian gold mining company said that a group of armed robbers attempted to enter the gate of its Twangiza mine site camp in the Democratic Republic of Congo on 7 February 2017.

In the process of this robbery attempt, three mine police officers and one of the armed robbers were killed, and a security guard was injured.

Banro Corporation has reported that one of the robbers is in the custody of local security agencies. No items were stolen and operations continue as normal.

The incident was recorded by Banro Corporation’s surveillance cameras, the authorities were immediately notified and the investigation is ongoing.

The company has expressed its heartfelt condolences to the families of the three mine police officers.

Banro Corporation is focusing on production from the Twangiza mine, which began commercial production on 1 September 2012, and on production at its second gold mine at Namoya, where commercial production was declared on 1 January 2016.

Banro Corporation’s longer term objectives include the development of two additional major, wholly-owned gold projects, Lugushwa and Kamituga. The four projects, each of which has a mining license, are located along the 210 km long Twangiza-Namoya gold belt in the South Kivu and Maniema provinces of the Democratic Republic of the Congo.