Investor Relations

Growth Strategy

Anvil Mining Limited (“Anvil”) is working towards a staged and sequential growth strategy to build a significant mining business in Central Africa. The Company is confident of becoming a mid-tier profitable copper producer with the completion of construction of the Kinsevere Stage II - SX-EW 60,000 tpy.

The Company has secured access to some of the most prospective and potentially productive ground in the Democratic Republic of Congo (“DRC”) copperbelt. With its early entry into the DRC, and the changing investment climate with the new democratic government (2006) and the Mining Code (2003), 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.

Risk Management

Recognising the challenges of building new operations in the area, Anvil has placed a high priority on risk management, maximising returns and minimising potential losses by:

• Identifying high grade resources with good potential returns
• Establishing early cash flow from its projects with modest capital investment
• Developing strong links with the community based on effective support 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

First Insurance Guarantee

In 2004 Anvil became the first Company operating in the DRC to secure political risk insurance cover from the Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group. The $13.3 million debt and equity cover insures the Dikulushi operation against a range of sovereign risks identified in a co-operative underwriting program.