Evolution Mining stock jumps as underground production starts at Cowal. mining
Evolution Mining Ltd shares surged as much as 11.
2% on Monday as the Australian gold miner“We are now on the pathway to increase Cowal’s production from the current FY23 guidance of ~275,000 ounces to FY24 outlook of ~320,000 low cost ounces,” Evolution CEO Lawrie Conway said in a news release.According to the company, the project remains within the original $380 million budget. The completion of the accommodation village and commissioning of the paste plant remain on track for the June 2023 quarter.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Several Crypto Mining Operations Busted in Russia – Mining Bitcoin NewsAuthorities and power utilities in different Russian regions have shut down illegal cryptocurrency mining farms.
Read more »
NieR Automata Advances Machine Lifeforms With Giant Leap in Evolution2B and 9S make a radical discovery about the machine lifeforms, but will they even survive long enough to report what they've found?
Read more »
SXSW Music 2023: The Best Things We Saw on FridaySome of the best music we saw yesterday included a MissMargoPrice keynote, originalkoffee's evolution, & obongjayar's rising star.
Read more »
Peru expects 74 mining projects to become operative in 2023This year will see the development of 74 mining projects across 17 departments in Peru for a total investment of $596 million.
Read more »
Mining lobby warns Ottawa against taking miners for granted in push for more aidCanada’s strategy to build an EV industry could fail if it doesn’t offer incentives to construct mines, say miners. Read on
Read more »