Evolution Mining Gold Production Rises in December 2024 Quarter

MT Newswires Live
01-22

Evolution Mining (ASX:EVN) ) reported Group total gold production of 194,793 ounces in the December quarter, up from 193,554 tonnes in the previous quarter, according to a Wednesday filing with the Australian bourse.

Group total copper production for the quarter was 18,554 tonnes, down from 19,059 tonnes in the September quarter, the filing said.

Net mine cash flow for the quarter was AU$263 million, up 53% from AU$172 million last quarter, driven by a higher gold price and production delivering to plan, the filing added.

Group total gold sold was 192,120 ounces sold at AU$4,069 per ounce, compared with 192,632 ounces sold at AU$3,681 per ounce in the September quarter.

Total copper sold was 20,757 tonnes sold at AU$14,097 per tonne, up from 17,561 tonnes sold at AU$13,438 per tonne sold last quarter.

For fiscal 2025, the company expects operating mine cash flow to increase to AU$2.01 billion from AU$1.81 billion, the filing said.

The company's shares were up almost 1% in recent Wednesday trade.

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