AVM 0.00% 2.4¢ advance metals limited

big dump to come, page-10

  1. 3 Posts.
    kulu re-opened 2 May 2006, 10:19am ET

    TSX, ASX: AVM
    Common shares outstanding 52.9 million

    PERTH, May 2 /CNW/ - Anvil Mining Limited (TSX, ASX:AVM), ("Company")
    advises that mining activities at the Kulu copper mine in the Democratic
    Republic of Congo (DRC) recommenced over the weekend on day-shift and are now
    back to normal. Due to the May Day public holiday in the DRC on May 1, 2006
    the Company delayed the resumption of 24 hour operations until Tuesday May 2,
    2006. From 8.00am on Tuesday May 2, 2006 the Kulu mine returned to normal 24
    hour per day operations, with the full contingent of employees back at work.
    The plant is currently running at above the design capacity of 170 tonnes of
    concentrate per day.
    The return to normal operations followed the precautionary plant shutdown
    last week as a result of a group of illegal miners engaging in unlawful
    activities in the town of Kolwezi which regrettably resulted in the loss of
    life of one Anvil staff member and one of its external contractor's security
    guards. The funerals took place last week and the Company again extends its
    sincerest condolences to the families and friends of those affected. Anvil
    will ensure that it provides whatever assistance is required to those families
    as a result of their tragic losses.
    Anvil is assisting the government authorities in their ongoing
    investigation as to why this incident occurred and will provide further
    information as it becomes available.

    Anvil Mining Limited is an unhedged copper and silver producer with two
    operating mines in the DRC and whose shares are listed for trading on the
    Toronto Stock Exchange and the Australian Stock Exchange under the symbol AVM.
    %SEDAR: 00020549E


    /For further information: Bill Turner, President and CEO, Tel:
    +61 (8) 9481 4700, Email: billt(at)anvilmining.com (Perth); Craig Munro, Vice
    President Corporate & Finance and CFO, Tel: +61 (8) 9481 4700, Email:
    craigm(at)anvilmining.com (Perth); Robert La Valliere, Vice President Investor
    Relations, Tel: (Office) (514) 448-6664, (Cell) (514) 944-9036, Email:
    robertl(at)anvilmining.com (Montreal); Website: www.anvilmining.com/

 
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