PRECIOUS METALS

Ex-Cowal GM sees parallels at KOTH

Former general manager at the Cowal gold operation in New South Wales, Jason Greive, has compared the jewel in Evolution Mining’s Australia portfolio with Western Australia gold producer Red 5’s A$220 million King of the Hills project, saying the latter has potential “optionality” and scale to sustain output above levels outlined in the company’s November 2020 feasibility study.

Red 5 on the road to higher production at King of the Hills, near Leonora in Western Australia

Red 5 on the road to higher production at King of the Hills, near Leonora in Western Australia

Eight-billion-dollar market-cap Evolution bought Cowal from Barrick Gold five years ago and has rebuilt reserves to support at least a further decade of plus-250,000oz per annum production. Metallurgist...

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