Evolution Mining Ltd (ASX:EVN)
A$ 4.84 -0.02 (-0.41%) Market Cap: 9.63 Bil Enterprise Value: 11.24 Bil PE Ratio: 22.10 PB Ratio: 2.32 GF Score: 93/100
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Full Year 2020 Evolution Mining Ltd Earnings and Red Lake Mineral Resources Update Call Transcript

Aug 13, 2020 / 01:00AM GMT
Release Date Price: A$5.72 (+3.25%)
Jacob Klein
Evolution Mining Limited - Executive Chairman

Thank you for joining us today on this very important Evolution FY '20 results call and business update.

This morning, on the call, I'm joined by Lawrie Conway, Finance Director and CFO; and Glen Masterman, VP, Discovery and Business Development.

As you have seen in the announcement we made on the ASX yesterday, forest fires have been burning around the Red Lake community, and the area has been evacuated on Tuesday evening. The safety of our people is our highest priority, and I am pleased that all of our employees and contractors are safe. The operation has been temporarily suspended, but we did not expect this event to have a material impact on Red Lake's September quarter production.

At Evolution, we have made a strategic decision to operate in the Tier 1 mining-friendly jurisdictions of Australia and Canada, and we are fortunate that the COVID-19 pandemic is being well-managed in both of these countries. Evolution's management of the COVID-19 pandemic has also been very successful so far. To date, we have not had

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