Evolution Mining is a growth focused Australian gold company. It owns and operates four gold operations in Queensland and Western Australia and has recently developed a fifth gold operation in Queensland which is now in commercial production. Evolution Mining holds a 100% interest in all of its operations.
|Cracow Gold-Silver Mine (Qld)||- commenced production in 2004|
|Edna May Gold Mine (WA)||- commenced production in 2010|
|Mt Carlton Gold-Silver-Copper Project (Qld)||- commenced commercial production in June 2013|
|Mt Rawdon Gold Mine (Qld)||- commenced production in 2001|
|Pajingo Gold-Silver Mine (Qld)||- commenced production in 1986|
In full-year 2013 the merged entity produced approximately 393,000 ounces of gold equivalent ranking it as a top five Australian gold producer. Evolution Mining’s Mineral Resources are approximately 7.7 million ounces of gold equivalent and Ore Reserves approximately 3.6 million ounces of gold equivalent. The Board believes there is significant exploration potential above the defined Ore Reserves and Mineral Resources.
The Company is forecasting production in FY14 of between 400,000 - 450,000 ounces gold equivalent. Cash operating costs (before royalties and after by-product credits) are expected to be in the range of A$770 - A$820 per ounce.