CAHPF - Evolution Mining: Tier-1 Assets Continue To Deliver In Q4
The Q2 earnings season for the Gold Miners Index (GDX) has finally begun, while most Australian gold producers are busy reporting their fiscal Q4 results. Evolution Mining (CAHPF) is one of the first Australian miners to report, and the company had a blow-out quarter and exceptional FY2020, with all-in sustaining costs coming in at an industry-leading A$1,043/oz (US$700/oz). Meanwhile, the company continues to make progress at the Red Lake Mine after its acquisition last year, with costs coming in well below guidance here as well. Ultimately, the Cowal Mine expansion plans and Red