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Saturday, 08/13/2011 8:38:50 AM

Saturday, August 13, 2011 8:38:50 AM

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Anvil completes work on new copper plant in Congo, (AVM), (TSE: AVM)
Anvil Mining Ltd (AVM.AX) (AVM.TO) said it has completed construction of a new plant at its Kinsevere copper mine in the Democratic Republic of Congo and commercial production from the facility is set to begin in the current quarter. With the commissioning of the new plant, Anvil expects to more than triple its annual copper production to about 60,000 tonnes of copper cathode. The majority of the copper cathodes produced at the new plant thus far conform to the London Metal Exchange's Grade A specifications, the company said on Friday. "Given the current rate of progress with ramp-up and commissioning, it is anticipated that the 5,000 tonnes per month design capacity will be achieved during the fourth quarter of 2011," Chief Executive Darryll Castle said in a statement.

http://www.takeoverchatter.com/2011/08/anvil-completes-work-on-new-copper.html

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