Investor Relations

Growth Strategy

Anvil Mining Limited (“Anvil") has adopted a staged and sequential growth strategy in order to build a significant mining business in Central Africa. The Company aims to become a mid-tier profitable copper producer using the foundation of the Kinsevere Stage II project, a 60,000tpa SX-EW project, as a platform for future growth.

The Company has secured access to some of the most prospective and potentially productive ground in the DRC copperbelt. With its early entry into the DRC, the changing investment climate following the election of a new democratic government (2006) and the introduction of the Mining Code (2003), Anvil benefits from a competetive advantage as first mover in the country. As a result, Anvil is well placed to play a key role in the re-emerging mining industry. Anvil is setting the highest of standards in community engagement and social development and is committed to supporting the region’s recovery from a period of political and social instability.

Production Growth Profile

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Medium-Term Strategy

    • Defensive

      • Commissioning and ramp-up of the SX-EW plant to design capacity of 5,000 tonnes per month
      • Organisation design
      • Optimisation of resources
    • Offensive
      • Expansion of existing facilities at Kinsevere
      • Regional exploration
      • Initiate ground work for corporate action  

Expansion / Development Projects Opportunities

  • Opportunity to expand Kinsevere
    • Various scenarios have been analysed and modelled
    • Metallurgical simulations have been carried out
    • Initial cost estimates (scoping level) have been completed for SX-EW circuits
    • Further modelling and test work required
    • Detailed metallurgical / process-engineering required
    • Board approval for long-lead items purchase
    • Expected decision in the first half of 2012  

Risk Management

Recognising the challenges of building new operations in the area, Anvil has placed a high priority on:

  • Identifying high-grade copper resources with potentially attractive returns
  • Establishing an early cash flow from each of its projects
  • Developing strong links with the community based on effective support and engagement programs
  • Building the Company’s credibility with local employment and training
  • Developing a positive, professional relationship with national and provincial governments
  • Taking out appropriate political risk insurance