Anvil Mining

In September 2011 a friendly takeover offer from Chinese Minmetals Resources was announced, causing a surge in share prices.

Minmetals Resources is a unit of the state-owned China Minmetals Group.

It was expected that Anvil could produce 60,000 tons of copper cathode yearly, starting in 2012.

After the takeover announcement, the DRC's state-owned Gécamines mining company said that the change of ownership would lead to reviews of the agreements related to Anvil's projects at Kinsevere and Mutoshi Mine.

Kilwa controversy

Anvil Mining operated the Dikulushi Mine near Kilwa, Katanga.

In October 2004 there was a small-scale uprising in Kilwa which was brutally suppressed by FARDC soldiers of the 62nd Brigade.

Anvil Mining Congo was accused of providing logistical support to the troops. Indeed, the Commander of the 6th military region in Lubumbashi informed a UN Special Investigation into the incident that the military operation was made possible thanks to Anvil's support.

Anvil later said it had no choice about letting the army use its vehicles and no knowledge of what they planned to do. However, Anvil made no mention of a requisition in its report for Q4 2004. Moreover, Anvil's chief executive, Bill Turner, did not say anything about a compulsory requisition when he discussed the incident in an Australian television documentary in early June 2005. The claim was not made until late June 2005, after this documentary was aired and nearly nine months after the incident.

The company published a statement by the traditional chiefs of Moero Sector that denied any involvement by Anvil in the massacre and that praised the company for the benefits it had brought to the region.