Evolution Mining (ASX:EVN) see gold sales fall 21% in the last quarter

Company News

by Rachael Jones

Evolution Mining (ASX:EVN) sold 172,759 ounces of gold in the September quarter, 21 per cent below the previous three months.

Evolution’s production was achieved with an all-in sustaining cost (AISC) of $1,198 per ounce, up from $1,088 per ounce in the previous quarter.

Covid-19 continues to be proactively managed with no material impact to operations.

At the end of the period, Evolution had cash in the bank of $369.7 million and bank debt of $550 million.

Shares in Evolution Mining (ASX:EVN) shares are trading 0.9 per cent lower at $5.58