BAA~ FINANCING DONE! Q1 PRODUCTION INCREASED 78%
WHAT-ELSE LEFT TO SEE 1 DOLLAR PLUS NOTHING.. JUST LOAD AND LOCK
1) CNN Money: Banro Closes Balance of US$90 Million Financing
April 30, 2015: 11:45 AM ET
2) BAA~ at Q1, 2015 record production: 45,197 ounce Gold a 78% increase over Q1 2014.
COMPANY Q1, 2015 OPERATIONAL HIGHLIGHTS
Twangiza produced 35,943 ounces of gold in the first quarter of 2015, a 78% increase over Q1 2014 (20,137 ounces in Q1 2014), successfully managing the adverse impact of the rainy season.
Process plant throughput achieved 101% of the 1.7 million tonnes per annum ("Mtpa"
annualized design capacity and more importantly, 3 quarters of consistent incremental improvement.
Twangiza processed up to 28% of transition material to assist with the feed blend during the last two quarters, even though this material is not included in the Company's mineral reserves.
Together, Twangiza and Namoya produced 45,197 ounces of gold during Q1 2015.