Banro - From Gold Explorer to Mine Developer
Banro Gold: Proven and Probable Reserves Increase to 4.52 Million Ounces at Twangiza
Michael Prinsloo
President & CEO
Michael Prinsloo was appointed Chief Executive Officer of Banro in September 2007 and President in March 2008. He has 35 years experience in the gold mining industry, having risen through the ranks over 25 years with the Anglo American Gold Division. He later worked for Randgold & Exploration and served as CEO of Durban Roodepoort Deep, Limited. Mike was Executive Vice President and Head of South African Operations of Gold Fields from 2002 to 2006, and was appointed and served as CEO of the Gold Fields Business and Leadership Academy in 2006 to 2007.
Simon Village
Chairman
Simon Village was formerly a Managing Director, World Gold Council, and principal of Exchange Traded Gold, a company responsible for developing and managing a series of direct physical gold investment products that have revolutionised the dynamics of the gold industry. Previous to this he was a Managing Director with HSBC responsible for Global Mining based out of London, and also Head of HSBC's South African Securities business. Simon holds a B.Eng (Hons) degree from Camborne School of Mines, and brings some 16 years of gold industry and investment experience to the Company.
Arnold T. Kondrat
Director, Executive VP
Banro's principal founder, Arnold has been involved in corporate finance activities for over 20 years. He is also President and Managing Director of Sterling Portfolio Securities Inc., a private venture capital firm based in Toronto.
Peter Cowley
Director
Peter Cowley is a geologist with 40 years international experience in the minerals industry, mainly in Africa. He holds M.Sc and M.B.A. degrees and is a Fellow of I.M.M.M. Peter was President of Banro from June 2004 to March 2008, when he retired. He was also the CEO of the Company until September 2007. Prior to joining Banro, Peter was Managing Director of Ashanti Exploration, where he played a major role in the discovery and development of the Geita mine in Tanzania. Peter is also a director of Cluff Gold plc.
John Clarke
Director
John is Vice Chairman of Nevsun Resources Limited, an exploration and development company engaged in gold and base metals exploration in Africa. He is also a director of Mediterranean Resources Ltd. Prior to joining Nevsun in 1997, he was an Executive Director of Ashanti Goldfields and was responsible for strategic planning and business development. John has a Ph.D. from Cambridge University and M.B.A. from the University of Middlesex.
Bernard van Rooyen
Director
Bernard has been a director of Banro since 1996 and has over 40 years experience in the mining industry, mainly in Africa. He is also a director of Mvelaphanda Resources Limited, Ndowana Exploration (Pty) Limited, Northam Platinum Limited and Trans Hex Group Limited. Bernard also serves on the Executive Committees of the Dwaalkop and Pandora Platinum Joint Ventures.
Piers Cumberlege
Director
Mr. Cumberlege is Vice President, Private Equity at Cordiant Capital Inc. He has over 25 years of general management and investment experience covering emerging markets and has held senior positions with such companies as Bombardier, GEC/Marconi and Hawker Siddeley and served on the boards of companies in Africa, the CIS, Asia and Russia. Mr Cumberlege is a graduate of Oxford University.