Banro Corporation operates in the Gold ores sector. Banro Corporation (Banro) is a Canada-based gold exploration company. Banro holds, through four wholly owned subsidiaries, a 100% interest in four gold properties, known as Twangiza, Namoya, Lugushwa and Kamituga. These properties are covered by a total of 13 exploitation permits and are found along the 210 kilometer-long Twangiza-Namoya gold belt in the South Kivu and Maniema Provinces of eastern Democratic Republic of the Congo (DRC). The Company also holds 14 exploration permits covering an aggregate of 2,638 square kilometers. During the fiscal year ended December 31, 2010 (fiscal 2010), the Company was engaged in the construction of its Twangiza Phase I oxide mine, and continued its exploration activities at its Twangiza, Namoya and Lugushwa properties. No ground exploration was undertaken with respect to its Kamituga property or the 14 exploration permit areas.