Evolution Mining Limited (EVN) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

I would now like to hand the conference over to Mr Laurie Conway, Managing Director and Chief Executive Officer. Please go ahead. Thank you Ashley and good morning everyone. I'm joined on the call today by Jake Klein our Executive Chair, Matt O'Neill our Chief Operating Officer, Nancy Guay our Chief Technical Officer, Glen Marston our VP Discovery and Peter O'Connor our GM Investor Relations. Today, in addition to releasing our March quarterly results, we're excited to announce the approval of the Cowl Open Pit Continuation Project that will sustain the operation as a world-class number one asset for at least the next 17 years. Glenn Marston, our VP Discovery, tells me that we're not discovering at Cowl, and I'm sure he is right. We've released a presentation pack today, and that is what... Turning to slide three, and I think it's fair to say that we've had another successful quarter. On top of our day-to-day operations, though, we've made enormous progress on multiple value-accretive organic growth projects. As I said in January, our commitment has been to continue to build on the consistency of the past four quarters, and that is what we did in the March quarter. We are delivering to guidance. Our safety was stable with our TRIF at 5.4. We produced around 180,000 ounces of gold and just under 20,000 tonnes of copper. Our all-in sustaining cost remains one of the lowest in the sector at $1,616 per ounce for the quarter and $1,575 per ounce year-to-date for continuing operations. We're also maintaining our discipline on costs and capital allocation. The consistency in delivery matched with the increasing dole price environment has seen our cash flow generation continue, with $207 million of group cash flow delivered in the quarter. On top of this, we had an extremely...