Company News Summary
Evolution Mining Announces Commencement of Commissioning at Mt Carlton
Original announcement: Commencement of Commissioning at Mt Carlton
Evolution Mining advised that commissioning of the 800,000tpa processing plant at its 100% owned Mt Carlton Au-Ag-Cu mine in North Queensland has commenced. Dry commissioning of the crushing circuit has commenced and commissioning procedures are now expected to continue for a 6-8 week period. Mining of the A39 and V2 open-pits is well advanced and 200,000t of ore from the silver-rich A39 open-pit has been delivered to the run-of-mine pad in preparation for crushing. Ore processing is anticipated to commence in February. Mt Carlton is forecast to contribute 25,000-30,000oz Au Eq in FY2013 as it ramps up to full production. The project is currently expected to produce 720,000oz Au, 14.4Moz Ag and 25,000t Cu in concentrate over its initial 12-year life.
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