Australia’s Evolution Mining said it’s seeing the results of its three-year turnaround plan to restore Red Lake as a premier gold mining region.
Sydney-based Evolution posted its June quarterly results – for the period running May 1 to June 30 – showing gold production is up, grades are higher, and operating costs are coming down.
In a webcast last week, Executive Chair Jake Klein said they’re “making good progress” at Red Lake in achieving a more consistent performance out of the northwestern Ontario mine complex acquired in March 2020.
