Catalysts Aplenty Ahead For Evolution Mining
A soft September quarter was expected for Evolution Mining but two key assets are in transition and represent key upcoming catalysts for the gold producer.
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Consistency A Hallmark Of Evolution Mining
Evolution Mining has confirmed its reputation as a consistent performer in the gold sector, although most brokers assess this is reflected in the price.
Read MoreMore Upside Likely For Oz Gold Equities
A rising US dollar gold price is taking global gold equities higher and brokers note Australian gold stocks are lagging the move.
Read MoreGold Stocks A Beacon In The Dark
Gold equities have suffered from the liquidity-driven global sell-off over recent weeks but several brokers suggest the outlook is much brighter, as flight-to-safety concerns take over.
Read MoreEvolution Mining Downgrades Outlook On Mt Carlton Setback
2020 is looking like being a year to forget for gold miner Evolution even as gold prices have started the year strongly and the Aussie dollar has again faded back well under 70 US cents.
Read MoreEVN – Ord Minnett rates the stock as Hold
Both production and costs were below guidance in the December quarter. The company has also flagged a potential downgrade to the resource at Mount Carlton and water security issues at Cowal.
Read MoreEvolution Receives Positive Reception For Red Lake Buy
A mostly positive reaction from the market to the late news on Tuesday from Evolution Mining revealing a big move into Canada.
Read MoreEvolution Mining Joins March North With Newmont Goldcorp Deal
Australia’s move into the North American gold mining industry continues with Evolution Mining revealing a $US375 million ($A553 million) deal with the world’s biggest gold miner, Newmont Goldcorp, to buy the latter’s Red Lake gold mining complex in Canada.
Read MoreSniffing Out Golden Opportunities On The ASX
Bullion’s romp beyond the record $2000 an ounce level in Aussie dollar terms has prompted investors to take a closer look at the pantheon of ASX-listed local gold producers – despite some problems in the mid-tier that have tarnished the sector.
Read MoreGold Really Is Shining – My Forecasts Raised
I know this is the fifth time I am writing about gold but with the precious metal surging to fresh new multi-year highs I need to stress to readers the enormous opportunity that is being presented to investors.
Read MoreHow Great Does Gold Look?
Gold continues to perform well in US dollar terms and even better in Australian Dollar terms and the backdrop to a higher gold price is only strengthening. It, along with the “yield crunch” thematic I have discussed here all year long are my two favourite broad market trends that present an enormous opportunity for investors.
Read MoreGold Shorts: Pogo Deal Lifts Northern Star, Evolution Loses Shine
Two contrasting results from two of the country’s major medium level gold miners – Northern Star Resources and Evolution Mining.
Read MoreHigher Costs Hit Evolution Mining
Rising costs and falling production hit Evolution Mining yesterday with the shares down after the December quarter report revealed the extent of the problems.
Read MoreEvolution Mining Posts Solid Quarter
Shares in Evolution Mining rose 0.9% to $3.36 yesterday after it reported a solid March quarter production effort and narrowed its full year guidance range.
Read MoreTax Costs Sting Evolution Mining
Gold miner Evolution Mining has boosted shareholder returns sharply despite a 10% slide in interim to $122.5 million for the December half. Directors declared a fully franked interim dividend of 3.5 cents, up from two cents unfranked a year ago.
Read MoreEvolution Posts Strong Quarter
Gold miner Evolution has lifted production and cut costs in the September quarter, helped by a strong performance at its Cowal mine in NSW and Ernest Henry and Mt Carlton mines in Queensland.
Read MoreEvolution Divests Edna May Gold Mine
Evolution Mining trimmed its 2017-18 gold production guidance and cut its costs estimate after selling the high cost Edna May mine to Ramelius Resources for up to $90 million.
Read More‘Delighted’ Evolution Mining Returns To Profit
Evolution Mining (EVN) had a series of good news announcement for the market yesterday – a return to profit, and record profit, a doubling of interim dividend and the decision to push ahead with the more than $260 million worth of spending on the expansion of its Cowal gold mine in western NSW.
Read MoreEvolution Mining shares outperformed in yesterday’s miserable market
Evolution Mining shares outperformed in yesterday’s miserable market, thanks to a trading update which revealed a doubling of its dividend rate after a strong performance on production and costs in the 2015-16 financial year.
Read MoreUpgrade On The Cards At Evolution
Emerging gold miner, Evolution Mining (EVN), looks set for another upgrade to its performance after the market caught up with its September quarter production and exploration update yesterday.
Read MoreEvolution To Buy Barrick’s Cowal Gold Mine
Evolution Mining (EVN) has surprised by winning the bidding for Barrick Gold’s rich Cowal gold mine in central NSW for $US550 million (or $A704 million).
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