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EDITOR’S CHOICE PROJECTS
Overview of the leach pad and
solutions ponds, taken from the
active mine site
Namoya Banro’s mid-tier mining maker
African focused Canadian gold miner Banro is no longer a single mine operator. Having
produced its first gold late last year from the Democratic Republic of Congo’s (DRC) new
Greenfields project Namoya, the company is on track to elevate its status from junior to mid-
tier miner writes Laura Cornish.
IN SHORT
Namoya produced its first gold in December 2013, elevating Banro’s status
from a single to a double mine operator.
I t has been a little more than two
years since Banro’s first mine,
Twangiza, moved into production.
And while there have been a few
technical hiccups, the mine will
undoubtedly deliver on its promise
to increase its production rate to
1.7 Mtpa (ROM) and its recoveries
(to 90%) following an expansion
currently underway.
The introduction of Namoya is a
massive step forward for Banro.
Now operational (first gold pour was
achieved on 30 December 2013), it
will more than double Banro’s total
24 MINING REVIEW AFRICA ISSUE 1 2014
gold production output, making it
significant. It is designed to move
another 2 Mtpa (ROM) at commercial
steady-state production from the
second quarter of 2014, equating to
about 10 000 ozpm or 120 000 ozpa
of gold, initially at high grades of
between 2.7 and 2.9 g/t.
Namoya and Twangiza are two
of four separate mining licences
which belong to Banro and lie along
the Twangiza-Namoya gold belt,
along with additional exploration
permits. “Banro’s mining licences
and exploration permits cover nearly
the entire gold belt. Namoya was
an obvious choice for development
of Banro’s second mine in that the
terrain is more amenable to open pit
and heap leach processing, the ore is
well-oxidised (or free-milling), has a
low strip ratio and is uncomplicated to
process “says investor relations vice
president Naomi Nemeth.
A closer look
While there are many similarities
between Twangiza and Namoya, they
are also very different operations.
Although 210 km apart along the
same gold belt, they are similar in
terms of geological structure, grade
and size and they are both amenable
to open pit operations. But this is
where the similarities end. “Namoya
has been designed to use a different
metallurgical process than Twangiza
due in large part to the amount of
space available for mine, stockpiling