Banro Corporation
Banro Corporation Namoya gold mine DRC
Dual-listed Banro has temporarily suspended operations at its Namoya gold mine in the eastern Democratic Republic of the Congo (the DRC). 

This follows a convoy of 23 trucks belonging to contractors of Banro’s Namoya mine and travelling from Baraka, DRC to the Namoya mine with supplies for the mine, being trapped in a cross fire between the Congolese national army (the FARDC) and an armed group in Lulimba on the National Road 5 (N5).

The armed group currently controls the Lulimba community and its environs, and has not permitted the release of the 23 trucks from Lulimba. Banro has been informed that all of the drivers of the trucks are safe.

Due to the fighting at Lulimba and ongoing fighting between the FARDC and other armed groups around other communities along the N5 supply corridor and its connections, all operations at the Banro’s Namoya mine have been temporarily suspended and staff have been evacuated on a temporary basis.

A small group of key staff have returned to site to ensure maintenance of key equipment and facilities at Namoya.

The Namoya camp and mining and processing facilities are being secured by the national security agencies, including the FARDC.

The mining and mobile equipment were moved by the company for safety from the mining areas to the plant and workshop areas prior to the evacuation.

Banro is monitoring the situation and will provide an update as more information becomes available.

Normal operations are continuing at the company’s Twangiza mine.