CAPITAL MARKETS

Evolution maintains profit

DESPITE a weaker gold price, Evolution Mining has posted a half-year net profit of $A35.4 million and declared an interim dividend thanks to restructuring, cost-cutting and productivity and efficiency improvements.

Kristie Batten
Evolution maintains profit

The result compares to a $40.7 million profit for the same six-month period of 2012, when the average gold price was almost $200 an ounce higher at $1630 an ounce. Evolution executive chairman Jake...

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