Stock Report: Banro Corp. (BAA) Report Updated: May 20, 2013 | Print This Page

Banro Corporation, together with its subsidiaries, engages in the exploration and development of gold properties in the Democratic Republic of the Congo (DRC). The company holds 100% interest in four gold properties, such as Twangiza, Namoya, Lugushwa, and Kamituga covering approximately 2,612 square kilometers with 13 exploitation permits in the South Kivu and Maniema provinces of eastern DRC. It also owns 14 exploration permits covering an area of 2,638 square kilometers located in the vicinity of Twangiza and Namoya properties. The company was formerly known as Banro Resource Corporation and changed its name to Banro Corporation in January 2001. Banro Corporation was founded in 1951 and is headquartered in Toronto, Canada.