At December 2019, Evolution Mining’s global Ore Reserves were 6.6 million ounces of gold and Mineral Resources were increased to 15.17 million ounces of gold. Group gold production for FY19 totalled 753,001 ounces at an All-in Sustaining Cost of A$924 per ounce.
Evolution has guided FY20 gold production, exclusive of Red Lake’s contribution, of around 725,000 ounces at an All-in Sustaining Cost of A$940 – A$990 per ounce.
In FY19 we produced 753,001 ounces of gold at an AISC of A$924 per ounce to reach eight consecutive years of production guidance. Evolution has guided FY20 Group gold production of 725,000-775,000 ounces at an All-in sustaining cost of A$940-A$990 per ounce of gold.
Mine cash flow
contribution to australian economy