10:06 AM EST - Anvil Mining Ltd. : reported fourth-quarter net loss of $151.16 million U.S. or $2.12 U.S. per share, compared to net income of $21.66 million U.S. or $0.30 U.S. per share last year. Concentrate sales for the quarter reached $13.9 million U.S., down from $79.3 million U.S. in the comparable period a year ago. The company said it is taking further steps to reduce administration overheads with further restructuring and a personal contribution of a 20-per-cent reduction in fees and salaries for the Board, senior management and staff. Anvil Mining Ltd.
shares T.AVM are trading down $0.17 at $0.90.
