PRECIOUS METALS

Evolution sold off on soft quarterly

SHARES in Evolution Mining fell to a six-year low after the company’s September quarter production missed market expectations.

Evolution executive chairman Jake Klein

Evolution executive chairman Jake Klein

The company produced 161,098 ounces of gold at all-in sustaining costs of A$1513 an ounce. Analysts had expected production of about 180,000oz and AISC in the $1300s. The achieved copper price of...

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