Evolution Mining says its annual production guidance for the 2025 financial year of 710,000-780,000 ounces of gold and 70,000-80,000 tonnes of copper remains unchanged, despite a fall in production over the March 2025 quarter.
Evolution Mining has celebrated the commissioning of its Mungari mill expansion project on the same day it sold gold for more than $5,000/ounce for the first time.
Evolution Mining shares slid sharply on Wednesday, following news that its December 2023 quarter was hampered by production disruptions in both Australia and Canada.
Australian gold company Evolution Mining has recorded a significant drop in its all-in sustaining costs while its operating cashflow increased after producing more gold in the December quarter.