11:59 AM EST - Banro Corporation : announced that it has signed a non-binding memorandum of understanding with China Gold International Resources Corporation Limited to negotiate a proposed joint venture transaction. The MOU provides that the parties intend to cooperate on the development of Banro's Twangiza property, including the proposed Phase 2 mine and the related proposed hydro power project. Banro Corporation
shares T.BAA are trading up $0.25 at $3.50.
