Higher gold price drive Evolution records

Gold miner Evolution Mining has reported record underlying net profits, earnings before interest, tax, depreciation and amortization (EBITDA) and cash flows for the half-year ended December.

Underlying net profits for the quarter increased by 62% on the first half of 2019, to A4149.1-million, while EBITDA increased by 23% to A$441.2-million, and group free cash flows by 119% to A$242.4-million.