Kinsevere development achieves commercial production

Anvil Mining Ltd has successfully achieved commercial production of copper....

  Anvil Mining Ltd has successfully achieved commercial production of copper concentrates from the Heavy Media Separation (“HMS”) Plant at its Stage I development of its 95% owned Kinsevere project located 27km north of Lubumbashi, the provincial capital of the Katanga Province in the Democratic Republic of Congo.The commissioning of the HMS plant began during the first week of June and the first copper concentrates were produced on June 9, 2007. At June 30, 2007 a total of 8,365 tonnes of ore had been processed through the HMS plant, at a feed grade of approximately 9% copper, for production of 1,590 tonnes of copper concentrates with an average grade of approximately 30% copper. Design capacity throughput has been achieved and work to optimise the operation of the three-stage crushing and screening circuit and the HMS plant is ongoing. The Stage I development of Kinsevere comprises an open pit mining operation which commenced during the first quarter of 2007 on the Tshifufia and Tshifufiamashi pits, the construction of an HMS plant which was commissioned in June 2007 and an Electric-Arc Furnace (“EAF”). The commissioning of the EAF is expected to be undertaken during the fourth quarter of 2007. For the period until the commissioning of the EAF, Anvil Mining will sell copper concentrates produced, both internationally and locally. The HMS-EAF plant is expected to produce approximately 23,000 to 25,000 tonnes per annum of “black copper” ingots assaying 90%-93%. Anvil Mining is an unhedged copper and silver producer whose shares are listed for trading on the Toronto Stock Exchange (as common shares) and the Australian Stock Exchange (as CDIs) under the symbol AVM. It has majority interests in and operates the Dikulushi copper-silver mine, the Kinsevere copper mine, and the Kulu copper tailings operation in the Katanga Province of the DRC.