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Evolution Mining Ltd (ASX:EVN) was formed in November 2011 and is one of Australia’s largest gold miners. It owns five mines, being Cowal in New South Wales, Cracow, Mt Carlton and Mt Rawdon in Queensland, and Mungari in Western Australia. Evolution also has a stake in the Ernest Henry copper-gold mine that will deliver 100% of future gold and 30% of future copper and silver produced from an agreed life of the mine area. Outside of the life of the mine area Evolution will have a 49% interest in future copper, gold and silver production.
The Evolution Mining Ltd (ASX:EVN) share price is up 2% after the gold miner reported its FY19 result.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.17% at lunch.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.70% at lunch.
Evolution Mining Limited (ASX:EVN) released its FY19 operating results and FY20 guidance today.
The ASX sector had a very strong day across the board as it benefited from market volatility.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 1.14% at lunch.
Rising concerns over the possibility of a bear market could make Newcrest Mining Ltd (ASX:NCM) or Evolution Mining Ltd (ASX:EVN) solid investments for 2019.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.54% at lunch.
Evolution Mining Ltd (ASX:EVN) released its half year results for FY19 to the market today and reported its NPAT fell 31.4% to $91.1 million.
