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Evolution posts record gold production

Evolution Mining has delivered record gold production after adding two new mines to its portfolio.

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Source: AAP


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Australia's second-largest gold miner by output , Evolution Mining, has reported record gold production, thanks to the addition of two new mines.

The company booked gold production of 216,644 ounces for the fourth quarter ended June 30 from a year earlier, and 803,476 ounces for the 12 months to June 30 from a year ago.

During the fourth quarter, Evolution revised its dividend policy, which doubles the payout rate to four per cent of revenue.


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