Operations

Anvil is building a portfolio of world class assets in the DRC. Three key operations and a program of exploration and development projects have created a platform for growth.

Operations

Dikulushi - the cornerstone of Anvil’s operations since first production in 2002, is currently producing 17,000 tonnes of contained copper and 1.3 million ounces of silver a year from its operation near Lake Mweru in Katanga. The mine completed its transition from open pit to underground operations end of last year. Dikulushi ore is processed in a flotation concentrator at the site.

Kulu - is a tailings re-treatment operation based on coarse reject material from the former Mutoshi mine near Kolwezi. Kulu produced 10,066 tonnes of copper in the 2007.

Kinsevere - is set to become the flagship of Anvil’s DRC operations. Stage I began production in June 2007 and the $40 million project was completed in the first quarter of 2008.  Stage I involves the construction of an open pit mining operation, a heavy media separation plant ("HMS") and an electric arc furnace.

Development Projects

Kinsevere - Stage II will incorporate a solvent extraction and electrowinning (SX-EW) processing plant to produce 60,000 tonnes a year of pure cathode copper. Construction of the $298 million second stage commenced in the second half of 2007 for commissioning in the second half of 2009.
Although Kinsevere is the Company’s major current development project, Anvil is also considering options for value adding at Kulu and mining development at Mutoshi.

Key exploration projects

Mutoshi – One of the great African copperbelt mining locations, where Anvil’s exploration and resource assessment programs aim to identify a resource of half a million tonnes of copper. The resource would underpin a SX-EW project. Current feasibility studies are looking at the potential for production from 2010. Other projects are included in the exploration section.

The formula for success

Anvil’s success is built on five key factors

Consolidated Mineral Reserves