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DRC Second time lucky for Banro and Shomka over sale of Namoya gold

Second time lucky for Banro and Shomka over sale of Namoya gold mine The deal reached in late June by Canada s Banro to cede the Namoya gold mine in the DRC to Hong Kong s Shomka Resources has fallen through It is now another entity controlled by Shomka s boss that is negotiating the acquisition of Namoya 05/01/2024 Reading time 2 minutes

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Banro is a Canadian gold company with two mines in the Democratic Republic of the Congo Banro is also active in exploring two additional projects that are fully permitted and licensed

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Banro mines have faced several attacks by armed militia in eastern Congo Two of its workers were kidnapped in July 2024 Banro told Reuters in February it was looking to sell Namoya at a discount

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With over 30 years of experience, we become a renowned manufacturer in the stone crushing and mineral grinding industry. Headquartered in Shanghai, China, our expansive factory spans over 120 hectares, empowering us to cater to the production demands of global customers.

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