Welcome!

News Feed Item

Banro Announces a Mineral Reserve Estimate at its Namoya Gold Mine, Democratic Republic of the Congo

- Banro's total Proven & Probable Mineral Reserves now 2.36 Moz Au

TORONTO, ONTARIO -- (Marketwired) -- 03/27/14 -- Banro Corporation ("Banro" or the "Company") (NYSE MKT: BAA)(TSX: BAA) is pleased to provide a Mineral Reserve estimate for its Namoya gold mine and an updated Mineral Resource and Mineral Reserve estimate for its Twangiza gold mine, both of which are located along the 210 kilometre Twangiza-Namoya gold belt in the Democratic Republic of the Congo ("DRC"). The 2013 year-end review of Mineral Resources and Mineral Reserves at the Company's four core projects - Twangiza, Namoya, Lugushwa and Kamituga - has resulted in positive growth in overall Mineral Reserves as a result of the conversion of Namoya Mineral Resource into Mineral Reserves.

Highlights


--  The Namoya 1.34 Moz Proven & Probable Mineral Reserves represent
    conversion of 73% of the 1.83 Moz Measured and Indicated Mineral
    Resources.
--  Including the Mineral Reserve estimate at Namoya, Banro's total Proven &
    Probable Mineral Reserves have increased by 53% to 2.36 million ounces
    ("Moz") of gold (using a US$1,200/oz gold price).
--  At Twangiza, the Proven & Probable Mineral Reserve estimate has
    decreased by 33% to 1.03 Moz, due to a drop in gold price, some mining
    depletion, and an increase in estimated costs (20.2% due to gold price,
    6.5% due to depletion and 6.3% due to estimated costs)
--  At Lugushwa, the Indicated Mineral Resource consisting solely of oxide
    material remained 0.73 Moz. Lugushwa's Inferred Mineral Resource is now
    3.53 Moz, of which 0.31 Moz is oxide material. This represents a 27.6%
    reduction in the total inferred resource of 4.88 Moz, reported in the
    Company's January 31, 2013 press release (of which 0.40 Moz was oxide).

During 2013, the Company scaled down its exploration activities at its Twangiza, Namoya, Lugushwa and Kamituga projects and focused on mine construction at Namoya and plant expansion at Twangiza. In order to consolidate Banro's position on the various exploration sites, limited exploration activities are planned for 2014 using small teams focused on generating new oxide targets in Lugushwa and Kamituga.

Banro's Mineral Resources and Mineral Reserves disclosed in this press release are reported in accordance with National Instrument 43-101 (Standards of Disclosure for Mineral Projects), which incorporates by reference the CIM Definition Standards on Mineral Resources and Mineral Reserves. The Mineral Resources reported in this press release are inclusive of the Mineral Reserves component.

Mineral Resource and Mineral Reserve Declaration at December 31, 2013

Table 1: Mineral Resources


----------------------------------------------------------------------------
Mine/Project/Category                             Tonnes     Grade      Gold
                                                    (Mt)  (g/t Au)     (Moz)
----------------------------------------------------------------------------
Twangiza (Oxide)
----------------------------------------------------------------------------
Measured                                            6.56      2.62      0.55
----------------------------------------------------------------------------
Indicated                                           9.00      1.89      0.55
----------------------------------------------------------------------------
Measured & Indicated                               15.56      2.21      1.10
----------------------------------------------------------------------------
Inferred                                            1.27      1.35      0.06
----------------------------------------------------------------------------


----------------------------------------------------------------------------
Twangiza (Transition & Fresh)
----------------------------------------------------------------------------
Measured                                            5.97      2.23      0.43
----------------------------------------------------------------------------
Indicated                                          92.87      1.43      4.26
----------------------------------------------------------------------------
Measured & Indicated                               98.85      1.48      4.69
----------------------------------------------------------------------------
Inferred                                           12.10      1.22      0.47
----------------------------------------------------------------------------


----------------------------------------------------------------------------
Namoya (Oxide, Transition & Fresh)
----------------------------------------------------------------------------
Measured                                           23.75      1.98      1.51
----------------------------------------------------------------------------
Indicated                                           6.03      1.62      0.31
----------------------------------------------------------------------------
Measured and Indicated                             29.78      1.91      1.83
----------------------------------------------------------------------------
Inferred                                            6.52      1.61      0.34
----------------------------------------------------------------------------


----------------------------------------------------------------------------
Lugushwa (Oxide)
----------------------------------------------------------------------------
Indicated                                          16.91      1.35      0.73
----------------------------------------------------------------------------
Inferred                                            6.17      1.56      0.31
----------------------------------------------------------------------------

----------------------------------------------------------------------------
Lugushwa (Transition & Fresh)
----------------------------------------------------------------------------
Inferred                                           65.01      1.54      3.22
----------------------------------------------------------------------------


----------------------------------------------------------------------------
Kamituga
----------------------------------------------------------------------------
Inferred (Surface)                                  4.14      2.40      0.32
----------------------------------------------------------------------------
Inferred (Underground)                              3.12      6.00      0.60
----------------------------------------------------------------------------


----------------------------------------------------------------------------
TOTAL MEASURED AND INDICATED                      161.10      1.61      8.35
----------------------------------------------------------------------------
TOTAL INFERRED                                     98.32      1.68      5.32
----------------------------------------------------------------------------

Mineral Resource

Banro's total Measured & Indicated (M&I) Mineral Resources have decreased 18% to 8.35 Moz (December 31, 2012: 10.18 Moz), and Inferred Mineral Resources have decreased 24% to 5.32 Moz (December 31, 2012: 7.01 Moz). The reduction in the Mineral Resource is mainly attributed to changes in economic assumptions, key among which is the drop in gold price, and depletion of resource due to mining. The Mineral Resource estimate discussed in this press release consists of in situ Mineral Resources at a 0.4g/t Au (Namoya) and 0.5g/t Au (Twangiza and Lugushwa) Au cut-off constrained within a US$1,600 per ounce (2012: US$2,000 per ounce) optimized pit shell.

The underground Mineral Resources at Kamituga are those situated below the Mobale open pit, estimated using historical underground information at a cut-off grade of 1.5g/t Au. The Mineral Resource estimate for Kamituga was prepared by SRK (UK) using historical data and was included in the February 2005 NI 43-101 technical report prepared by SRK (UK) for Banro. These estimates have not been updated. Since 2011, Banro has carried out extensive exploration, including drilling, to verify the historical results. Any additional work initially planned to update the Kamituga resource was deferred when the strategic focus shifted to mine development at the Namoya mine and the process plant expansion at the Twangiza mine.

Below are the key assumptions, parameters and methods used to estimate the Twangiza, Lugushwa and Namoya Mineral Resources:


--  Wireframing was restricted to borehole intersections above a 0.3 to
    0.5g/t Au cut-off grade for Lugushwa and 0.4g/t Au for Namoya and
    Twangiza;
--  Gold grades have been determined using Ordinary Kriging interpolation
    into a 3-Dimensional block model constrained by mineralization
    wireframes;
--  The mineralization models were constrained within the wireframe with
    primary block dimensions of 20 metres N-S (along strike), 20 metres E-W
    (across strike) and 10 metres in the vertical direction;
--  Estimation used dynamic anisotropy;
--  Datamine Studio 3TM was the modelling package; and
--  At all times, the relationship between geology and mining and economic
    factors was taken into account.

Drill cores for assaying were taken at a maximum of one metre intervals and were cut with a diamond saw with one-half of the core placed in sealed bags and sent to the Company's sample preparation facility in Bukavu, DRC. The core samples were then crushed down to minus 2 mm, and split with half of the sample pulverized down to 90% passing 75 microns. Approximately 150 grams of the pulverized sample was then shipped to the SGS Laboratory (which is independent of the Company) in Mwanza, Tanzania where the samples were analyzed for gold by fire assay using a 50g charge. As part of the Company's QA/QC procedures, internationally recognized standards, duplicates and blanks were inserted into the sample batches.

Drill core samples were respectively taken from Lugushwa, Namoya and Twangiza East and West to determine relative density measurements for the various deposits and the oxide, transitional and fresh rock components.

Mineral Reserves

Table 2: Mineral Reserves


----------------------------------------------------------------------------
Mine/Project/Category                             Tonnes     Grade      Gold
                                                    (Mt)  (g/t Au)     (Moz)
----------------------------------------------------------------------------
Twangiza
----------------------------------------------------------------------------
Proven                                              5.62      2.49      0.45
----------------------------------------------------------------------------
Probable                                            8.07      2.23      0.57
----------------------------------------------------------------------------
Total Proven & Probable                            13.69      2.34      1.03
----------------------------------------------------------------------------


----------------------------------------------------------------------------
Namoya
----------------------------------------------------------------------------
Proven                                             22.39      1.78      1.28
----------------------------------------------------------------------------
Probable                                            1.31      1.34      0.06
----------------------------------------------------------------------------
Total Proven & Probable                            23.70      1.75      1.34
----------------------------------------------------------------------------


----------------------------------------------------------------------------
TOTAL MINERAL RESERVE
----------------------------------------------------------------------------
Proven                                             28.01      1.92      1.73
----------------------------------------------------------------------------
Probable                                            9.38      2.09      0.63
----------------------------------------------------------------------------

----------------------------------------------------------------------------
Total Proven + Probable                            37.39      1.96      2.36
----------------------------------------------------------------------------
Note: Rounding of numbers may result in computational discrepancies.
Mineral Reserves included in Mineral Resources.

The Proven & Probable Mineral Reserves at Twangiza have decreased by 33% to 1.03 Moz from 1.54 Moz (December 31, 2012). This 33% decrease is comprised of 20.2% due to lower gold price, 6.5% due to mining depletion and 6.3% due to an increase in cost used for estimation relative to the price and cost assumption for the December 31, 2012 estimation.

Table 3: The key assumptions used for the determination of the Mineral Reserves at Twangiza


----------------------------------------------------------------------------
Gold price                         US$1,200 per ounce
----------------------------------------------------------------------------
Mining costs                       US$3.35/tonne mined
----------------------------------------------------------------------------
Processing costs                   US$20.13/tonne processed
----------------------------------------------------------------------------
General and Administration costs   US$8.21/tonne processed
----------------------------------------------------------------------------
Royalties and Selling costs        US$33.80/ounce
----------------------------------------------------------------------------
Mining dilution                    5% at zero grade
----------------------------------------------------------------------------
Reserves cut-off grade             0.75 g/t Au recoverable
----------------------------------------------------------------------------
Mining recovery                    95%
----------------------------------------------------------------------------
Pit slopes                         30 to 50 degrees
----------------------------------------------------------------------------
Metallurgical recovery             Twangiza North deposit:
                                   Oxides (90.2%), Transition (87%), Fresh
                                   (86%)
                                   All other Twangiza deposits:
                                   Oxides (87%), Transition (79%), Fresh
                                   (74.5%)
----------------------------------------------------------------------------

The Twangiza resource model was built by SRK Consulting (UK) Ltd. ("SRK") and most recently published in a Banro press release dated March 4, 2011. The current estimates employed the SRK model but with changes to the economic assumptions with the drop in the gold price. For more details, refer to the technical report of Senet dated March 9, 2011 (as revised on March 24, 2011) and entitled "Economic Assessment NI 43-101 Technical Report, Twangiza Phase 1 Gold Project, South Kivu Province, Democratic Republic of the Congo", which has been filed on, and can be obtained from, SEDAR at www.sedar.com and EDGAR at www.sec.gov.

The Proven and Probable Mineral Reserve estimate at Namoya is 1.34 Moz. Key assumptions used for the Namoya Mineral Reserve are contained in Table 4.

Table 4: The key assumptions used for the determination of the Mineral Reserves at Namoya


----------------------------------------------------------------------------
Gold price                         US$1,200 per ounce
----------------------------------------------------------------------------
Mining costs                       US$3.85/tonne mined
----------------------------------------------------------------------------
Processing costs                   US$11.38/tonne processed
----------------------------------------------------------------------------
General and Administration costs   US$5.89/tonne processed
----------------------------------------------------------------------------
Royalties and Selling costs        US$33.05/ounce
----------------------------------------------------------------------------
Mining dilution                    5% at zero grade
----------------------------------------------------------------------------
Reserves cut-off grade             0.45 g/t Au recoverable
----------------------------------------------------------------------------
Mining recovery                    95%
----------------------------------------------------------------------------
Pit slopes                         40 to 50 degrees
----------------------------------------------------------------------------
Metallurgical recovery             Oxides (88%), Transitional (84%), Fresh
                                   (80%)
----------------------------------------------------------------------------

The cumulative cash flow for Namoya, based on this reserve estimate, is illustrated in Table 5 using various discount rates and assuming a US$1,200/ounce gold price for the life-of-mine.

Table 5: The Net Present Value of expected future cash flows from Namoya


-----------------------------------------
Discount Rate                         NPV
-----------------------------------------
0%                           $401 million
-----------------------------------------
5%                           $313 million
-----------------------------------------
10%                          $252 million
-----------------------------------------
15%                          $208 million
-----------------------------------------

Qualified Persons

Mr. Andrew N. Clay, Managing Director of Venmyn Deloitte (Pty) Ltd., is the "qualified person" (as such term is defined in National Instrument 43-101) who is responsible for the Namoya Mineral Reserve estimates disclosed in this press release. Mr. Clay has reviewed and approved the contents of this press release.

Banro's Head of Projects and Operations, Daniel K. Bansah, MSc (MinEx), who is a Chartered Professional Member of The Australasian Institute of Mining and Metallurgy (MAusIMM(CP)) and a "qualified person" (as such term is defined in National Instrument 43-101), is responsible for the Twangiza, Lugushwa and Namoya Mineral Resource estimates and Twangiza Mineral Reserve estimates disclosed in this press release as well as the other technical information contained in this release. Mr. Bansah has reviewed and approved the contents of this press release.

Additional information relating to the Lugushwa project is included in the technical report dated March 15, 2013 and entitled "Independent National Instrument 43-101 Technical Report on the Lugushwa Gold Project, South Kivu Province, Democratic Republic of the Congo". Additional information with respect to the Namoya Project is contained in the technical report dated January 24, 2012 and entitled "National Instrument 43-101 Independent Technical Report on the Namoya Gold Project, Maniema Province, Democratic Republic of the Congo". A copy of each of these reports can be obtained from SEDAR at www.sedar.com and EDGAR at www.sec.gov.

Banro Corporation is a Canadian gold mining company focused on production from the Twangiza mine, which began commercial production September 1, 2012, and completion of its second gold mine at Namoya located approximately 200 kilometres southwest of the Twangiza gold mine. The Company's longer term objectives include the development of two additional major, wholly-owned gold projects, Lugushwa and Kamituga. The four projects, each of which has a mining license, are located along the 210 kilometre long Twangiza-Namoya gold belt in the South Kivu and Maniema provinces of the Democratic Republic of the Congo. Led by a proven management team with extensive gold and African experience, the initial focus of the Company is on the mining of oxide material, which has a low capital intensity to develop but also attracts a lower technical and financial risk to the Company. All business activities are followed in a socially and environmentally responsible manner.

Cautionary Note to U.S. Investors

The United States Securities and Exchange Commission (the "SEC") permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. Certain terms are used by the Company, such as "Measured", "Indicated", and "Inferred" "Resources", that the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosure in the Company's Form 40-F Registration Statement, File No. 001-32399, which may be secured from the Company, or from the SEC's website at http://www.sec.gov/edgar.shtml.

Cautionary Note Concerning Mineral Resource and Mineral Reserve Estimates

The Mineral Resource and Mineral Reserve figures referred to in this press release are estimates and no assurances can be given that the indicated levels of gold will be produced. Such estimates are expressions of judgment based on knowledge, mining experience, analysis of drilling results and industry practices. Valid estimates made at a given time may significantly change when new information becomes available. While the Company believes that the Mineral Resource and Mineral Reserve estimates included in this press release are well established, by their nature Mineral Resource and Mineral Reserve estimates are imprecise and depend, to a certain extent, upon statistical inferences which may ultimately prove unreliable.

Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. There is no certainty that Mineral Resources can be upgraded to Mineral Reserves through continued exploration.

Due to the uncertainty that may be attached to Inferred Mineral Resources, it cannot be assumed that all or any part of an Inferred Mineral Resource will be upgraded to an Indicated or Measured Mineral Resource as a result of continued exploration. Confidence in the estimate is insufficient to allow meaningful application of the technical and economic parameters to enable an evaluation of economic viability worthy of public disclosure (except in certain limited circumstances). Inferred Mineral Resources are excluded from estimates forming the basis of a feasibility study.

Cautionary Note Concerning Forward-Looking Statements

This press release contains forward-looking statements. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding net present values and future cash flows, Mineral Resource and Mineral Reserve estimates, potential Mineral Resources and Mineral Reserves and future gold production and costs) are forward-looking statements. These forward-looking statements reflect the current expectations or beliefs of the Company based on information currently available to the Company. Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company.

Factors that could cause actual results or events to differ materially from current expectations include, among other things: uncertainty of estimates of capital and operating costs, production estimates and estimated economic return of the Company's projects; the possibility that actual circumstances will differ from the estimates and assumptions used in the economic studies of the Company's projects; failure to establish estimated mineral resources and mineral reserves (the Company's mineral resource and mineral reserve figures are estimates and no assurance can be given that the intended levels of gold will be produced); fluctuations in gold prices and currency exchange rates; inflation; gold recoveries being less than those indicated by the metallurgical testwork carried out to date (there can be no assurance that gold recoveries in small scale laboratory tests will be duplicated in large tests under on-site conditions or during production) or less than those expected following the expansion of the Twangiza plant; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; political developments in the DRC; lack of infrastructure; failure to procure or maintain, or delays in procuring or maintaining, permits and approvals; lack of availability at a reasonable cost or at all, of plants, equipment or labour; inability to attract and retain key management and personnel; changes to regulations affecting the Company's activities; the uncertainties involved in interpreting drilling results and other geological data; and the other risks disclosed under the heading "Risk Factors" and elsewhere in the Company's annual information form dated March 26, 2013 filed on SEDAR at www.sedar.com and EDGAR at www.sec.gov. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

For further information, please visit our website at www.banro.com.

Follow the Company on Twitter @banrocorp

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
CIOs and those charged with running IT Operations are challenged to deliver secure, audited, and reliable compute environments for the applications and data for the business. Behind the scenes these tasks are often accomplished by following onerous time-consuming processes and often the management of these environments and processes will be outsourced to multiple IT service providers. In addition, the division of work is often siloed into traditional "towers" that are not well integrated for cro...
SYS-CON Events announced today that FalconStor Software® Inc., a 15-year innovator of software-defined storage solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. FalconStor Software®, Inc. (NASDAQ: FALC) is a leading software-defined storage company offering a converged, hardware-agnostic, software-defined storage and data services platform. Its flagship solution FreeStor®, utilizes a horizonta...
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
Recognizing the need to identify and validate information security professionals’ competency in securing cloud services, the two leading membership organizations focused on cloud and information security, the Cloud Security Alliance (CSA) and (ISC)^2, joined together to develop an international cloud security credential that reflects the most current and comprehensive best practices for securing and optimizing cloud computing environments.
In most cases, it is convenient to have some human interaction with a web (micro-)service, no matter how small it is. A traditional approach would be to create an HTTP interface, where user requests will be dispatched and HTML/CSS pages must be served. This approach is indeed very traditional for a web site, but not really convenient for a web service, which is not intended to be good looking, 24x7 up and running and UX-optimized. Instead, talking to a web service in a chat-bot mode would be muc...
SYS-CON Events announced today that Column Technologies will exhibit at SYS-CON's @DevOpsSummit at Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Established in 1998, Column Technologies is a global technology solutions provider with over 400 employees, headquartered in the United States with offices in Canada, India, and the United Kingdom. Column Technologies provides “Best of Breed” technology solutions that automate the key DevOps principal...
More and more companies are looking to microservices as an architectural pattern for breaking apart applications into more manageable pieces so that agile teams can deliver new features quicker and more effectively. What this pattern has done more than anything to date is spark organizational transformations, setting the foundation for future application development. In practice, however, there are a number of considerations to make that go beyond simply “build, ship, and run,” which changes ho...
SYS-CON Events announced today that AppNeta, the leader in performance insight for business-critical web applications, will exhibit and present at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. AppNeta is the only application performance monitoring (APM) company to provide solutions for all applications – applications you develop internally, business-critical SaaS applications you use and the networks that deli...
Fortunately, meaningful and tangible business cases for IoT are plentiful in a broad array of industries and vertical markets. These range from simple warranty cost reduction for capital intensive assets, to minimizing downtime for vital business tools, to creating feedback loops improving product design, to improving and enhancing enterprise customer experiences. All of these business cases, which will be briefly explored in this session, hinge on cost effectively extracting relevant data from ...
When building large, cloud-based applications that operate at a high scale, it’s important to maintain a high availability and resilience to failures. In order to do that, you must be tolerant of failures, even in light of failures in other areas of your application. “Fly two mistakes high” is an old adage in the radio control airplane hobby. It means, fly high enough so that if you make a mistake, you can continue flying with room to still make mistakes. In his session at 18th Cloud Expo, Lee...
SYS-CON Events announced today that (ISC)²® (“ISC-squared”) will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Two leading non-profits focused on cloud and information security, (ISC)² and Cloud Security Alliance (CSA), developed the Certified Cloud Security Professional (CCSP) certification to address the increased demand for cloud security expertise due to rapid growth in cloud. Recently named “The Next...
The Art of DevOps provides a fun overview to help teams understand DevOps. Written in the style of the famous 6th century Chinese manuscript “The Art of War,” this eBook describes DevOps in the form of a mission to continuously deliver assets to the operational battlegrounds safely, securely, and quickly. It’s a fun read with valuable insights.
SYS-CON Events announced today that iDevices®, the preeminent brand in the connected home industry, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. iDevices, the preeminent brand in the connected home industry, has a growing line of HomeKit-enabled products available at the largest retailers worldwide. Through the “Designed with iDevices” co-development program and its custom-built IoT Cloud Infrastruc...
There will be new vendors providing applications, middleware, and connected devices to support the thriving IoT ecosystem. This essentially means that electronic device manufacturers will also be in the software business. Many will be new to building embedded software or robust software. This creates an increased importance on software quality, particularly within the Industrial Internet of Things where business-critical applications are becoming dependent on products controlled by software. Qua...
As enterprises work to take advantage of Big Data technologies, they frequently become distracted by product-level decisions. In most new Big Data builds this approach is completely counter-productive: it presupposes tools that may not be a fit for development teams, forces IT to take on the burden of evaluating and maintaining unfamiliar technology, and represents a major up-front expense. In his session at @BigDataExpo at @ThingsExpo, Andrew Warfield, CTO and Co-Founder of Coho Data, will dis...