Evolution Mining Posts Lower September Quarter Gold Production

MT Newswires Live10-14 06:54

Evolution Mining (ASX:EVN) reported group production of 153,616 ounces of gold for the September quarter, according to a Wednesday Australian bourse filing.

Group production was 173,721 ounces of gold in the prior corresponding period, an earlier filing showed.

The group produced 174,058 ounces of silver and 17,915 tonnes of copper, compared with 207,102 ounces of silver and 18,200 tonnes of copper a year earlier.

Meanwhile, the company sold 155,864 ounces of gold and 169,404 ounces of silver during the quarter at achieved prices of AU$6,115 and AU$86 per ounce, respectively, compared with 174,532 ounces of gold and 213,156 ounces of silver a year earlier.

Copper sales were 17,221 tonnes at an achieved price of AU$20,876 per tonne, compared with 18,577 tonnes a year earlier.

The company maintained its fiscal 2027 guidance across all key measures, including gold production of 660,000 to 730,000 ounces, all-in sustaining costs of AU$1,795 to AU$1,995 per ounce, and copper production of 63,000 to 70,000 tonnes.

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