CAPITAL MARKETS

Loss sees Anvil stocks plunge

WRACKED by falling copper prices and debt finance woes, Anvil Mining has posted a third quarter loss of $US17.3 million ($A26 million) and put further development of its Kinsevere mine on hold.

Charlotte Dudley

Loss sees Anvil stocks plunge

The news saw Anvil stocks plunge almost 42% from yesterday's closing price of $1.55 to 90c by mid-morning, a 64% drop on last Friday's closing price of $2.51. Handing down the net loss for the September...

Start a free trial to continue reading this article

Already have an account? Sign in here

MORE ON THIS TOPIC

NEXT: OZ flags profit fall
PREVIOUS: Macarthur: Ready to meet record profit and changing demand

MOST POPULAR

1

M&A

FTI backs Creasy's Calidus rescue bid

2

CAPITAL MARKETS

Executive Outcomes: Boss, Sandfire and more

3

CAPITAL MARKETS

Why are gold developers' shares still not reflecting higher commodity prices?

4

BARRY FITZGERALD

Vella's remake of IGO no easy task: Fitzy

RESEARCH

Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902