Bloomberg News

Anvil Mining’s Congo Copper Production Hampered by Power Failure

February 28, 2012

Anvil Mining Ltd. (AVM), which relies on copper for all of its revenue, said power outages, low water levels and infrastructure failures have eroded output at its Kinsevere cathode plant in the Democratic Republic of Congo.

Temporary on-site generation is being arranged and power transformers are being upgraded to improve the Congo operation where 4,000 metric tons of copper cathode have been produced so far this year, Anvil said today in a statement to the Australian Stock Exchange (GXA).

Anvil Mining produced 18,033 tons of copper in the first nine months of last year, all from its Congo operations.

To contact the reporter on this story: Yuriy Humber in Tokyo at yhumber@bloomberg.net

To contact the editor responsible for this story: Rebecca Keenan at rkeenan5@bloomberg.net


Burger King's Young Buns
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus