Gold producer Evolution Mining increases half-year net profit by 11% Evolution
- Gold and copper producer Evolution Mining yesterday reported an 11% increase in statutory net profit of A$101 million for the six months ended 31 December 2022 and said it will pay an interim dividend of 2.0 cents per share fully franked, the 20th consecutive dividend.
Evolution noted that its mine operating cash flow was A$477 million in HY22 , adding that half-year gold production was 327,502 ounces at an all-in sustaining cost of A$1,307 per ounce . Ore Reserves estimated to contain 10.0 million ounces of gold and 661 thousand tonnes of copper – a decrease of 360,000 ounces of gold and an increase of 21,000 tonnes of copper compared with the estimate as at 31 December 2021.
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