Evolution Mining has cut around 75,000 ounces of gold from its Mt Carlton life of mine plan.
Evolution Mining has continued to battle with New South Wales’ severe drought conditions at the company’s number one operation, the Cowal mine.
Evolution Mining has partnered with the Johnathan Thurston Academy (JTAcademy) to improve access to employment and training opportunities for local and indigenous people.
Evolution Mining has benefited from its sustained growth throughout the 2019 financial year, increasing the dividend provided to shareholders by 50 per cent.
Evolution Mining has beaten the top end of the company’s production guidance at its three highest margin operations – Cowal in New South Wales, and Mt Carlton and Ernest Henry, both in Queensland.
The Melbourne Cup trophy is perhaps the most admired prize in Australian sport, but the meticulous process used to make it is sometimes overlooked.
Evolution Mining plans to significantly ramp up operational expansion and exploration despite reporting higher than anticipated costs for the 2019 financial year.
Evolution Mining continues to invest in the extension of mine life and production growth across Cowal in New South Wales and Mt Carlton in Queensland, while maintaining a positive cashflow across all operations during the 2019 half-year.
Evolution Mining produced 200,218oz of gold in the quarter ending September 30, a slight fall from the previous quarter.
Gold miner Evolution Mining will advance three projects at the Mt Carlton operation in Queensland after approving a $60 million investment.
Evolution Mining may have logged a fall in gold production for the 2018 financial year but the miner has plenty to cheer about in other areas of its performance.
Gold miner Evolution Mining has achieved its production and cost guidance targets for the seventh consecutive year.