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Evolution Mining Reports Significant Growth in Mineral Resources and Ore Reserves

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Evolution Mining Reports Significant Growth in Mineral Resources and Ore Reserves

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Evolution Mining ( (AU:EVN) ) has shared an announcement.

Evolution Mining Limited has released its annual Mineral Resources and Ore Reserves statement as of December 31, 2024, showcasing significant growth in its mineral resources and ore reserves. The company reported an increase in contained gold and copper resources, with notable growth at the Mungari, Ernest Henry, and Northparkes sites, while Red Lake experienced a decrease. The overall update highlights a strong portfolio with an average mine life of approximately 15 years, positioning Evolution Mining well for future growth and value delivery.

The most recent analyst rating on (AU:EVN) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.

More about Evolution Mining

Evolution Mining Limited is a prominent company in the mining industry, primarily focusing on the extraction and production of gold and copper. The company operates several mines and is committed to sustainable practices and delivering value to stakeholders.

Average Trading Volume: 15,666,035

Technical Sentiment Signal: Buy

Current Market Cap: A$18.86B

For detailed information about EVN stock, go to TipRanks’ Stock Analysis page.

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