https://www.miningweekly.com

Evolution breaks production records in full year

Evolution breaks production records in full year

Photo by Bloomberg

4th July 2014

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

Font size: - +

PERTH (miningweekly.com) – Gold miner Evolution Mining has reported record gold production during the 2014 financial year, with the company meeting its production expectations.

During the financial year to June 30, Evolution produced 427 703 oz of gold equivalent, up 9% on the previous financial year, and within the targeted production range of 400 000 oz  to 450 000 oz.

The Mt Carlton mine, in Queensland, out-produced expectations, delivering 87 952 oz during the full year, while the other Queensland mines - Cracow, Mt Rawdon and Pajingo - delivered 95 064, 10 775 oz and 60 776 oz, respectively. The Edna May mine, in Western Australia, delivered 80 165 oz of gold during the full year to June.

“Since inception in November 2011, Evolution has built a strong reputation for reliability and predictability. It is very pleasing to have again delivered a production result that is consistent with our original market guidance,” said Evolution executive chairperson Jake Klein.

He noted that the production was a testament to the benefits of a diverse portfolio of assets, which allowed Evolution to deliver a level of operational predictability that was not possible with single-asset companies.

Group production for the three months to June reached 11 899 oz gold equivalent, which exceeded guidance.

Edited by Creamer Media Reporter

Comments

Showroom

Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

PGMs and green hydrogen make headlines
PGMs and green hydrogen make headlines
19th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:3.416 3.517s - 106pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: