Evolution Mining Sticks With Annual Guidance Despite Slow Start
By David Winning
SYDNEY--Evolution Mining said it was on track for all annual guidance provided to investors, despite a slower-than-expected start in the September quarter.
Evolution reported gold output of 154,000 troy ounces and copper production of 18,000 metric tons in the three months through September. All-in sustaining costs were 1,653 Australian dollars per ounce, equivalent to US$1,154/oz.
"Mine operating and net mine cash flow of A$775 million and A$466 million were also at a high margin of A$4,973/oz and A$2,990/oz respectively," said Lawrie Conway, Evolution's managing director and chief executive. "With a production profile that is set to grow in the quarters ahead, significant cash flows are expected in FY27."
Write to David Winning at david.winning@wsj.com
(END) Dow Jones Newswires
October 13, 2026 18:11 ET (22:11 GMT)
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