CAPITAL MARKETS

Cash quarter for Anvil

UNHEDGED copper producer Anvil Mining enjoyed net earnings of $US6.1 million last quarter from its operations in the Democratic Republic of Congo, with forecast production in the year ahead put at around 36,500 tonnes of contained copper and 1.7 million ounces of silver.

Michael Quinn

Cash quarter for Anvil

Cash flows from operating activities totalled $US9.8 million, generated by record copper production of 7446t. Revenues came in at $US25.9 million and costs $US13.9 million. The strong quarter underpinned...

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