Mining and sustainability: the impacts to people Dr John Clarke, Interim CEO, Banro Mining On Top: Africa - London Summit 25-26 Jun 2013 | London

1. Dr. John Clarke, President & CEO
Mining on Top Conference, London, UK
June 2013
Investing in Community
Development in the Eastern DRC

2. DRC & Banro– A Primer
Democratic Republic of the Congo
DRC population…………………70 million
Landmass………………………….2.3 million sq km (3x Texas)
Capital……………………………….Kinshasa
Major languages……………….French, Kiswahili, Lingala
Major religions………………….Christianity, Islam
Life expectancy (man)……..47
Life expectancy (woman)…51
Main exports……………………..Diamonds, copper, coffee, cobalt, crude oil
Gross income per capita…..US$190/year (World Bank, 2011)
Banro Corp.
• Canadian based company with offices in Bukavu & Kinshasa
• Listed on the Toronto and New York Market stock exchanges (BAA)
• Acquired DRC property in 1996
• Began construction of Twangiza Gold Mine in 2009
• Twangiza gold production forecast - 85-100,000 oz for 2013
• Began construction of Namoya Gold Mine in 2012
• Namoya first gold production planned for Q4 2013
• Goal = +200,000 ounces of gold in 2014

3. 2
 Education
State’s ability to pay teachers in remote locations is limited,
parents must pay tuition
= lower attendance and lower priority for daughters & younger
sons to attend school
 Healthcare
Reasonable hospitals in cities but limited medical facilities in rural
areas
= higher illness & mortality rates
 Infrastructure
Limited funding for roads, bridges, electric power, potable water
facilities
= reduced commerce & stunted local economies
 Employment
Low job creation rates in the private sector throughout the NE DRC
and few job skills programs
= little economic improvement in communities
The Banro Foundation – ASSESSING the need

4. 3
 Education
$1.6 million investment in 11 new schools & 2
refurbished schools serving +4,000 students,
teacher salaries, desks, books and supplies
 Healthcare
$447,000 investment in health clinics, doctor &
healthcare salaries & supplies
 Infrastructure
$1.27 million investment in hundreds of kilometres
of new roads, refurbished roads, rebuilt bridges and
potable water programs
 Employment
1,000 Congolese in Banro’s technical, professional,
management or supervisory jobs; another 3,000
employed through Banro’s contractors; local
purchasing and knock-on of these jobs creates
another 20,000 jobs for local residents
The Banro Foundation – ADDRESSING the need

5. 4
 In less than a decade, Banro has gone from having no presence in eastern DRC to
being the largest private employer in the region
• Currently 4,000 + jobs created by Banro and its contractors
• Congolese well represented on Twangiza management team and growing
through on-the-job and formal training
 Banro is committed to building the business and industrial skills base of
Congolese in it’s communities
• Vocational training and skills development at the workplace
• Strengthening university faculties in business relevant disciplines
• Scholarships for high potential learners
Employment of Congolese

6. • Installed new bridges
• Repaired existing bridge
• Rehabilitated airstrips and roads
leading to airstrips
• Ongoing maintenance of new and
existing roads planned
5
Banro has built or rehabilitated over 500 km of Public Roads
Road & bridge construction & rehabilitation

7. 6
Teaching literacy/numeracy skills & promoting
alternative livelihoods

8. 7
Schools – a world of opportunity
Original elementary school
New Banro Foundation school

9. 8
New health care facilities & supplies
Old hospital kitchen
New hospital kitchen

10. 9
New Water Project, Bukavu – December 2012
Community infrastructure – potable water

11. The Banro Foundation
The Banro Foundation
Martin Jones, Chairman
1 First Canadian Place
100 King St. W.
Suite 7070
Toronto, Ontario, Canada
www.banro.com
1-800-714-7938
Thank you!