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Apr. 25	Agnico Eagle Mines Reiterates Guidance for Gold Production, Cash Costs/Ounce, All-in Sustaining Costs/Ounce for 2024	MT
Apr. 25	Agnico Eagle Mines Keeps Quarterly Cash Dividend at $0.40 a Share, Payable June 14 to Holders of Record May 31	MT

Gold : Canadian miner Banro looking to sell Congo gold mine at discount -CEO

February 07, 2020 at 07:28 am EST

Canadian miner Banro is looking to sell its Namoya gold mine in eastern Congo at a significant discount, its chairman told Reuters on Friday, blaming the government's failure to improve security in the area following a kidnapping of staff last year.

Repeated attacks by local militias forced Banro Corporation to suspended operations at several of its sites in Democratic Republic of Congo in September.

The company has already sold its Twangiza mine to minority shareholder Baiyin International Investments of China to help bolster finances, Chairman Brett Richards said.

(Reporting and writing by Hereward Holland; editing by Juliette Jabkhiro and Jason Neely)

By Hereward Holland

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