This company has diversified gold mining operations in Australia, operating six domestic gold mines, and is the country's second largest producer of the yellow metal. Evolution has the second lowest costs of the top ten gold producers globally.

Operate five wholly owned mines across Australia and Ontario, Canada. In addition, we hold an economic interest in the Ernest Henry copper-gold mine in Queensland.

FY19 gold production was 753,000 ounces, with about the same expected for FY20, within a 5% range.

Evolution has recently made its first overseas investment, in Canada, where it is also investing up to $150m in remediating and expanding operations at the Red Lake mining complex.

**FY21 forecast 15 cents