Corporate

Anvil Mining (AVM on TSX and ASX) is the leading copper producer in the Democratic Republic of Congo (DRC) in central Africa, with a strong production profile, a proven development record and experienced management. The Corporation currently produces a copper and silver concentrate from the high-grade Dikulushi mine; copper concentrates from the Kulu copper tailings retreatment operation and copper concentrates from the Kinsevere mine. Kinsevere will change from a concentrate product to a blister copper product once its electric arc furnace (EAF) is commissioned in the second quarter of 2008.

Anvil’s strategy for the past five years, consisting of a staged development approach with modest capital expenditures and a focus on high-grade resources, is bearing fruit. Anvil is committed to improving shareholder returns through the responsible and profitable growth of its core copper business. It will accomplish this by optimising copper production from its current pipeline of mines and projects through multiple expansion phases.

The Corporation’s medium-term objective is to become a mid-tier copper producer, producing in excess of 100,000 tonnes of copper per year, with a considerable proportion in the form of cathode copper.