Two Growth Stories In Gold

Evolution Mining (EVN) has evolved quickly, becoming the second largest gold producer on ASX in just five years and recently choosing to make some strategic acquisitions to expand its production profile. Seven gold mines form a portfolio which stretches across Australasia. In FY16, the company plans to focus on its two newest acquisitions, Cowal And Mungari, as well as its Tennant Creek JV with Emmerson Resources ((ERM)) and Puhipuhi in New Zealand.

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Evolution Dreams The Impossible Dream

Gold producer Evolution Mining (EVN) has struck a deal with La Mancha, issuing new shares and taking on some debt in return for La Mancha’s Western Australian assets. These assets include Frog’s Leg, which produces around 100,000 ounces per annum, White Foil, which produces around 40,000, and the Mungari plant. The additions will lift Evolution Mining’s production to around 600,000 ounces per annum.

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