Anvil secures Gécamines backing for Minmetals deal

ASX- and TSX-listed Anvil Mining has cleared the way for a takeover by Minmetals Resources, after gaining Minmetals shareholder approval and reaching an agreement with its Democratic Republic of Congo (DRG) stakeholder. Minmetals was offering C$8...

Kinsevere mine Stage 2 development, Democratic Republic of Congo

Anvil Mining has reported that 2011 production at the Kinsevere project was slightly below the guidance the company previously provided.

Anvil sees lower DRC copper output

Minmetals takeover target Anvil Mining on Tuesday warned its 2011 production would be lower than expected owing to technical difficulties at its Democratic Republic of Congo (DRC) project. The ASX- and TSX-listed miner said 2011 production would...

Minmetals needs more time for Anvil bid

China’s Minmetals Resources on Friday said that it needed more time to prepare and finalise its offer for ASX- and TSX-listed Anvil Mining. Minmetals was set to send out the circular to shareholders on Friday, however, it noted that as it...

Anvil warns Minmetals deal could be in jeopardy

ASX- and TSX-listed Anvil Mining warned on Monday that the $1.3-billion takeover offer from China’s Minmetals could be under threat, as the Kinsevere project lease was proving difficult. Democratic Republic of Congo (DRC) State-owned joint...

Anvil shares leap on Kinsevere financing, restart

Base-metals miner Anvil Mining now hopes to see the first production from its Kinsevere Stage II copper project, in the Democratic Republic of Congo, by the end of 2010, after securing $200-million in funding from commodities trader Trafigura....

Anvil mining reports $18m loss on lower sales

Base-metals miner Anvil Mining has reported a net loss of $18,8-million for the quarter ended March 2009, compared with a net income of $21,6-million for the first quarter of last year, the company reported on Friday. Anvil stated that the...

'Fabulous' Kinsevere copper find without equal world wide, says Anvil

"I would challenge anyone to find as good an intersection as this anywhere in the world," Anvil Mining VP exploration Nick Franey said of the "fabulous" Kinsevere deposit in the Democratic Republic of Congo (DRC), which he says...

Quietest, most powerful 'revolution' moving through Africa, says Borshoff

The world's quietest and most powerful current revolution is the 'Chinafication' of Africa, which is under way throughout the continent, says Paladin Resources MD John Borshoff.

Kinsevere mine stage II development, Democratic Republic of Congo

The Kinsevere mine stage II development will include the construction of a 60 000-t/y solvent extraction electrowinning plant.

Anvil produces first saleable concentrate from DRC copper project

TSX- and ASX-listed Anvil Mining (Anvil) declared on Thursday that it had produced its first salable copper concentrates from the first stage of its Democratic Republic of Congo Kinsevere project.

Solvent extraction and electrowinning plant, Democratic Republic of Congo

Anvil Mining has announced that it has completed a prefeasibility study to determine the viability of constructing and operating a 30 000 t/y SXEW plant to produce London Metal Exchange- (LME-) grade cathode copper, based on the recently upgraded...