Record gold for Evolution
PERTH (miningweekly.com) – Gold miner Evolution Mining has reported record quarterly gold production during the three months to June, while hitting full-year production targets for the sixth consecutive year.
Gold production during the June quarter reached 218 079 oz, which was up from the 202 926 oz produced in the March quarter, with C1 cash costs down to A$567/oz, compared with the A$599/oz reported in the previous quarter.
All-in sustaining cost (AISC) was also down to a new quarterly record of A$825/oz, compared with the A$840/oz reported in the previous three months.
During the quarter under review, the Cowal mine, in New South Wales, delivered 62 382 oz of gold, while the Mungari operation, in Western Australia, contributed 29 965 oz. The Mt Carlton and Mt Rawdon operations, both in Queensland, delivered 28 270 oz and 25 808 oz of gold respectively, while the Cracow operation, also in Queensland, added 26 792 oz of gold.
Evolution also produced a further 21 108 oz of gold from the Edna May operation, in Western Australia.
Meanwhile, gold production for the full year reached 844 124 oz of gold, which was at the upper end of the guidance of between 800 000 oz and 860 000 oz, with Evolution telling shareholders the yearly production represented a new annual production record.
Five of the company’s seven operations exceeded the top-end of their production guidance for the full year, including Cowal, Ernest Henry, Mt Carlton, Mt Rawdon and Cracow.
AISC for the full year also declined by 11% on the previous financial year, to a record low of A$905/oz, which was at the bottom-end of the guidance of between A$900/oz and A$960/oz.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...
VISIT SHOWROOM
ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
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?
Receive 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)
➕
Recieve 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
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
