Evolution bruised but stakes claim to lowest costs on the planet

BY Jake Klein’s reckoning, the 27% quarter-on-quarter reduction in Evolution’s all-in sustaining costs to A$990/oz (US$717/oz) took the company “very close to becoming the lowest cost gold producer of scale on the planet”, writes Barry FitzGerald.

Evolution bruised but stakes claim to lowest costs on the planet Evolution bruised but stakes claim to lowest costs on the planet Evolution bruised but stakes claim to lowest costs on the planet Evolution bruised but stakes claim to lowest costs on the planet Evolution bruised but stakes claim to lowest costs on the planet

Evolution executive chairman Jake Klein

The cost achievement was more than US$400/oz better than that of its nearest competitors for the investors' dollar on the ASX, and was despite some bruises in the March quarter from COVID impacts,