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Evolution Mining Releases Annual Mineral Resources and Ore Reserves Statement

17 Apr 2019  |  08:30:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Annual Mineral Resources and Ore Reserves Statement

Evolution Mining released its annual Mineral Resources and Ore Reserves (MROR) estimates as at 31 December 2018. The Company remains committed to operating a sustainable business that prospers through the cycle and has used an unchanged and conservative gold price assumption of A$1,350/oz and a copper price assumption of A$6,000/t to estimate Group Ore Reserves. Gold Mineral Resources increased by 480,000oz to 14.73Moz after accounting for mining depletion of 902,000oz. The Copper Mineral Resources increased by 36,000t to 982,000t after accounting for mining depletion.

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