PRECIOUS METALS

Evolution a 'margin and money' story

WHILE mid-tier gold producer Evolution Mining has set a conservative three-year outlook, executive chairman Jake Klein says the company won’t cave to pressure to grow for growth’s sake.

Kristie Batten in Sydney
 Jake Klein speaking at Evolution's strategy day

Jake Klein speaking at Evolution's strategy day

Evolution produced 780,000 ounces of gold in FY18 (excluding divested assets) at all-in sustaining costs of A$797 an ounce. Guidance for FY19 and FY20 is 720,000-770,000oz at AISC of $850-900/oz, while...

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