Gold miner Evolution Mining has reported record profits for the 2020 financial year, on the back of steady gold production and higher achieved prices.
“The 2020 financial year was a great year for Evolution with a strong improvement in safety and sustainability performance, record underlying net profits, record free cash flow generation and record dividends,” said executive chairperson Jake Klein. The company also reported on the potential that it sees at the Red Lake mine, in Canada, describing it as the "most transformative, value-creating opportunity" in Evolution’s history.