Evolution Mining Limited · ASX:EVN
Evolution Mining — Q4 FY2015 Earnings Presentation
19 slides from Evolution Mining's earnings presentation, Jul 21, 2015
Slide 1: Quarterly Results June 2015
For personal use only Quarterly Results June 2015
Slide 2: Disclaimer: Forward looking statements
For personal use only DISCLAIMER Forward looking statements These materials prepared by Evolution Mining Limited (or “the Company”) include forward looking statements. Often, but not always, forward looking statements can generally be identified by the use of forward looking words such as “may”, “
Slide 3: June 2015 quarter highlights
June 2015 quarter highlights June quarter For personal use only Record quarterly production of 113,821 gold ounces achieved at an average C1 cash cost of A$690 per ounce (US$538/oz)1 and AISC2 of A$1,048 per ounce (US$816/oz) Acquisition of Barrick Gold’s Cowal operation and La Mancha Australia’
Slide 4: June quarter production
June quarter production For personal use only Sep quarter Dec quarter Mar quarter Jun quarter Units FY15 FY15 FY15 FY15 FY15 Gold produced1 oz 107,165 113,280 103,305 113,821 437,571 By-product silver produced oz 132,808 122,641 115,832 111,580 482,861 C1 cash cost 2 A$/oz 728 692 736 690 711 All-in
Slide 5: Operations
For personal use only Operations
Slide 6: Cracow
Cracow For personal use only June 2015 quarter gold production of 27,868oz (39% increase on the March quarter) at C1 cash cost of A$636/oz and AISC of A$873/oz FY15 production of 93,064oz at C1 cash cost of A$726/oz and AISC of A$1,050/oz – in line with guidance Evolution’s highest cash produc
Slide 7: Pajingo
Pajingo For personal use only June quarter production of 15,583oz at C1 costs of A$842/oz; AISC of A$1,211/oz FY15 production of 65,919oz (in line with guidance) at C1 cash cost of A$787/oz and AISC of A$1,163/oz Solid production results achieved through increased mined physicals and tight cos
Slide 8: Edna May
Edna May For personal use only June quarter gold production of 22,283oz at C1 cash cost of A$947/oz; AISC of A$1,082/oz Record FY15 production of 98,766oz (23% increase on FY14: 80,165oz) at C1 cash cost of A$747/oz and AISC of A$898/oz Substantially exceeded Edna May pit July 2015: Stage 1 cu
Slide 9: Mt Rawdon
Mt Rawdon For personal use only Mt Rawdon open pit July 2015 looking north to stage 4 cutback June quarter production of 27,242oz (a 28% increase on the March quarter) at C1 cash of A$564/oz and AISC of A$786/oz FY15 production of 102,162oz at C1 cash cost of A$631/oz and AISC of A$873/oz – in l
Slide 10: Mt Carlton
Mt Carlton June quarter gold production of For personal use only 20,845oz at C1 cash costs of A$542/oz (30% below March quarter) and AISC of A$840/oz (9% below March quarter) FY15 production of 77,658oz Au eq at C1 cash cost of A$687/oz and AISC of A$912/oz – exceeding Mt Carlton – V2 open pit l
Slide 11: Exploration
For personal use only Exploration
Slide 12: Highlights: High grade intercepts at Edna May
Highlights For personal use only Edna May underground drill programme successfully defined main quartz reefs – providing confidence in geological model Potential to increase Mineral Resource Broad high-grade gold intersections1 included: 11.6m grading 6.67g/t Au from 369m (EMRCD005) 14.5m
Slide 13: Financials
For personal use only Financials
Slide 14: Corporate
Corporate For personal use only Record full year mine cash flow of A$137.8 million on the back of record production, lower costs, and a higher Australian dollar gold price Record cash flow from operations of A$41.4 million for the quarter (Mar 2015 qtr: $A39.4 million) A$91.8 million debt repa
Slide 15: Summary
Summary For personal use only Transformational quarter for Evolution Record quarterly production at record low costs Record annual production of 437,570oz at globally competitive costs: C1 cash cost: A$711/oz (US$554/oz)1 AISC: A$1,036/oz (US$807/oz) AIC: A$1,293/oz (US$1,007/oz) Acqui
Slide 16: Evolution Mining
For personal use only Evolution Mining ASX Code: EVN www.evolutionmining.com.au
Slide 17: June quarter production summary
June quarter production summary June Quarter FY15 Units Cracow Pajingo Edna May Mt Rawdon Mt Carlton Total/Average For personal use only UG lateral development - capital m 354 626 - - - 980 UG lateral development - operating m 1,010 748 - - - 1,758 Total UG lateral development m 1,364 1,374 - - - 2,
Slide 18: FY15 production summary
FY15 production summary July 2014 – June 2015 Units Cracow Pajingo Edna May Mt Rawdon Mt Carlton Total/Average For personal use only UG lateral development - capital m 2,599 2,342 - - - 4,941 UG lateral development - operating m 3,105 3,133 - - - 6,239 Total UG lateral development m 5,704 5,475 - -
Slide 19: Competent person statement
For personal use only Competent person statement The information in this statement that relates to the exploration results listed in the table below is based on work compiled by the person whose name appears in the same row, who is employed on a full-time basis by Evolution Mining Limited and is a m