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Banro Corporation: Recapitalization for Sustainability In the Congo’s Gold Mining
Wiboon Kittilaksanawong; Kabi Olivier KatabarukaCaso IVEY-9B18M031-EDirección estratégica, Iniciativa emprendedoraIn January 2017, Banro Corporation, a Canadian gold mining company in the Democratic Republic of Congo, underwent recapitalization to cope with financial distress, and to optimize its operations of mining assets. Since the commencement of commercial mining in 2009, unexpected social conflicts and operational challenges had led to significantly lower production than expected, with a large cost overrun, while the price of gold declined sharply from...Desde 8,20 €