Mr Attew is a Member of both the Audit Committee and the Nomination and Remuneration Committee. Evolution reported in June that it has reduced the headcount at Red Lake by 114 full-time workers to a total of 740 employees. It spans 42,000 hectares and has produced over 29 million ounces of gold since 1949. Evolution announced in late November it was acquiring the Red Lake Gold Complex in a US$475 million. Bob is a highly experienced mining engineer with more than 33 years industry experience in the minerals industry with the majority of these in the safe management of significant operations. Evolution expects that, when it re- certifies Red Lake Mineral Resources and Ore Reserves following completion of the transaction, Ore Reserves will be revised 30% to 40% lower, using Evolution's estimation methodology and to allow for mining depletion from 1 July 2018. I have been working at Evolution Mining full-time. As part of this change, the Ge… All content is posted anonymously by employees working at Evolution Mining. Previously he served as the Chief Financial Officer at Goldcorp Inc. where, in addition to leading the finance and investor relations operations, he was responsible for Goldcorp’s corporate development and strategy culminating in the US$32 billion merger with Newmont Mining Corp. Jason has extensive capital markets experience from his time in investment banking with the BMO Global Metals and Mining Group where he was at the forefront of structuring and raising significant growth capital as well as advising on both formative and transformational mergers and acquisitions for corporations that have become industry leaders over the past two decades. We own and operate a portfolio of gold mines across Australia. We are an equal opportunity employer with a commitment to diversity, offering exceptional career environments at our Sites and our Group Office, that are challenging, rewarding and fun for all employees. The link to the External Site is provided for convenience purposes only. It spans 42,000 hectares and has produced over 29 million ounces of gold since 1949. It spans 42,000 hectares and has produced over 29 million ounces of gold since 1949. Changes in historical information may occur due to adjustments in accounting and reporting standards & procedures. The operation comprises the historic Dickenson, Campbell and Cochenour mines, with multiple shafts and associated processing facilities. Newmont acquired Red Lake from Goldcorp when the two companies merged earlier this year. Evolution Mining has released an updated resource for its recently acquired Red Lake gold operation, which the company says is materially higher than the figures estimated during its due diligence of the acquisition.. Processing. “There has been no damage to any infrastructure at the operation.” Location: Red Lake, CA. Evolution shares were … The mine currently employs some ~900 employees & contractors. Credit: Evolution Mining Evolution Mining produced 170,021 oz. Red Lake is supported by an experienced and highly-skilled workforce largely residing in adjacent towns of Red Lake and Balmertown and benefits from strong community partnerships with Lac Seul and Wabauskang First Nation Groups. Evolution says they remain committed to delivering a turnaround strategy for the mine. Evolution Mining has resumed operations at the Red Lake gold mine in Ontario, Canada, after the company was forced to suspend operations last week due to the threat of a nearby forest fire. We have also commenced a project to unlock the future of Red Lake and envision a possible sustainable production rate of  300,000 – 500,000 ounces per year. In a letter to the community, the company states “our Red Lake Operation has reduced its workforce by 114 full-time employees.”. In a letter to the community, the company states “our Red Lake Operation has reduced its workforce by 114 full-time employees.” Those impacted include Supervisors, operators and office staff. According to the Ontario Ministry of Natural Resources and Forestry, the fire known as Red Lake 49 is currently burning around three kilometres west of Highway 105, and about three kilometres south of the Town of Red Lake. "We have not scratched the surface of Red Lake's full potential," said Evolution Mining's chief operating officer Bob Fulker in a Sept. 1 webcast to Evolution's investors, about recent discoveries that offer opportunity to dramatically increases production while maintaining a longer … Glassdoor gives you an inside look at what it's like to work at Evolution Mining, including salaries, reviews, office photos, and more. The additional payments are tied to new resource discoveries. of gold at its six mines in Australia and Canada at all-in sustaining costs (AISCs) of US$857 (A$1,198) per oz. The Sydney, Australia-based gold miner acquired the northern Ontario operations from Newmont in a US$475-million deal that closed earlier this year. Processing at the Campbell mill is via conventional crushing and grinding followed by gravity concentration to recover free-milling gold, with refractory gold recovered by floatation followed by pressure oxidation, neutralisation and CIL. Please note that you are now entering a website directly or indirectly maintained by a third party (the “External Site”) and that you do so at your own risk. Evolution Mining Ltd. [EVN-ASX] on Wednesday issued an advisory stating that operations at its Red Lake gold mine have been temporarily suspended. Newmont Goldcorp Corp. [NGT-TSX, NEM-NYSE] is moving to streamline its asset base by selling its Red Lake complex in northwestern Ontario to Evolution Mining Ltd. [EVN-ASX] of Australia for $375 million in cash. Evolution expects that, when it re- certifies Red Lake Mineral Resources and Ore Reserves following completion of the transaction, Ore Reserves will be revised 30% to 40% lower, using Evolution’s estimation methodology and to allow for mining depletion from 1 July 2018. “The mine has been evacuated and all Evolution employees and contractors are safe and accounted for,” the company said. Please note the information presented is deemed representative at the time of its original release. Management uses this non-IFRS and pro forma non-IFRS information, along with IFRS information, in evaluating its historical operating performance. Temas Resources Welcomes Red Lake Mining Veteran and Financier as President and CEO Contacts Contact: Nick Spencer, Investor Relations Phone: +1 (604) 332-0902 Email: ir@temasresources.com The non-IFRS information is not prepared in accordance with IFRS and may not be comparable to non-IFRS information used by other companies. Red Lake is accessible by major highways, with commercial air services to the mine from Thunder Bay and Winnipeg. Evolution expects that, when it re- certifies Red Lake Mineral Resources and Ore Reserves following completion of the transaction, Ore Reserves will be revised 30% to 40% lower, using Evolution’s estimation methodology and to allow for mining depletion from 1 July 2018. “The mine has been evacuated and all Evolution … One of the headframes in Red Lake, Ont., belonging to Evolution Mining. Evolution Mining Ltd is a gold exploration company with operations in Western Australia. SIGNIFICANT MINE LIFE EXTENSION POTENTIAL 13 Surface -1000mbs -2000mbs It is located approximately 250km northeast of Winnipeg. Our Red Lake Operation includes the Red Lake and Campbell underground mining and processing complexes, and Cochenour, a potential new source of ore. As Evolution's newest asset and our first in North America, we are excited by the opportunities here. in the third quarter – putting the gold miner ahead of its 2020 guidance. Our Red Lake Operation includes the Red Lake and Campbell underground mining and processing complexes, and Cochenour, a potential new source of ore. As Evolution’s newest asset and our first in North America, we are excited by the opportunities here. It is an exciting future for Red Lake. Further, by entering the External Site, you also acknowledge and agree that you completely and irrevocably waive any and all rights and claims against EVN and Virtua and further acknowledge and agree that in no event shall EVN or Virtua, its officers, employees, directors and agents be liable for any (i) indirect, consequential, incidental, special, compensatory or punitive damages, (ii) damages for loss of income, loss of business profits, business interruption, loss of data or business information, loss of or damage to property, (iii) claims of third parties, or (iv) other pecuniary loss, arising out of or related to this disclaimer or the External Site. Mr Attew is a mining industry veteran who has dedicated 25 years to the mining sector. Management believes that this non-IFRS and pro forma non-IFRS information provides investors with additional information to assess EVN operating performance by making certain adjustments or excluding costs or gains and assists investors in comparing our operating performance to prior periods. Evolution shares were … AISC of A$1,943/oz was under the A$2,100 – A$2,300/oz guidance range. Evolution Mining Limited acquired the Red Lake mining complex from Newmont Mining Corp. earlier in 2020 1, and has committed to a three-year, US$100M investment phase to … In addition to disclosing results determined in accordance with IFRS, EVN may also disclose certain non-IFRS and pro forma non-IFRS results of operations, including certain ratios, operational and miscellaneous data, as well as net income, diluted earnings per share, operating expenses, and operating income that make certain adjustments or exclude certain charges and gains that are outlined in the schedules included in this website. 9 Evolution Mining reviews. The non-IFRS information should not be viewed as a substitute for, or superior to, other data prepared in accordance with IFRS. We have done our best to support all impacted employees through transparent communication, redundancy packages, employee and family assistance and career transition support.”. It spans 42,000 hectares and has produced over 29 million ounces of gold since 1949. EVN and Virtua also take no responsibility for third party pricing data provided for informational purposes and certain ratio results formulated from the provided third party pricing data. Evolution Mining Limited acquired the Red Lake mining complex from Newmont Mining Corp. earlier in 2020 1, and has committed to a three-year, US$100M investment phase to … In addition, Evolution holds an economic interest in the Ernest Henry copper-gold Newmont acquired Red Lake from Goldcorp when the two companies merged earlier this year. As an important first step in the transformation, the Red Lake Site Leadership Team will be reduced with immediate effect from 12 to 7 people.The new structure will streamline the management of the business; better align management and operators to delivery of business objectives and the transformation plan; remove inefficiencies and allow for greater levels of accountability; and lower overhead costs. Evolution Mining is a leading, growth-focused globally relevant gold company. in the third quarter – putting the gold miner ahead of its 2020 guidance. Our Red Lake Operation includes the Red Lake and Campbell underground mining and processing complexes, and Cochenour, a potential new source of ore. As Evolution’s newest asset and our first in North America, we are excited by the opportunities here. Evolution operates five wholly-owned mines – Cowal in New South Wales, Mt Rawdon and Mt Carlton in Queensland, Mungari in Western Australia, and Red Lake in Ontario, Canada. Evolution is pleased to announce that the acquisition of Red Lake has been completed following all conditions precedent having been satisfied. Evolution Mining is an Australian gold producer with five operations: Cowal in New South Wales, Cracow, Mt Carlton and Mt Rawdon in Queensland, and Mungari in Western Australia. Red Lake is accessible by major highways, with commercial air services to the mine from Thunder Bay and Winnipeg. At Evolution, we’re passionate about Our Culture and Values. Evolution Mining Limited (ASX:EVN) (“Evolution”) advises that operations at the Red Lake gold mine in Ontario, Canada, have resumed following the municipal led evacuation of the region due to the threat of a nearby forest fire. Evolution Mining LTD., (“EVN”) has no control over the External Site, any data or other content contained therein or any additional linked websites. By entering the External Site, you further acknowledge and agree that the disclaimer of warranties and limitations of liability set out in this disclaimer shall apply regardless of the causes, circumstances or form of action giving rise to the loss, damage, claim or liability, even if such loss, damage, claim or liability is based upon breach of contract (including, without limitation, a claim of fundamental breach or breach of a fundamental term), tort (including, without limitation, negligence), strict liability or any other legal or equitable theory, and even if EVN and Virtua are advised of the possibility of the loss, damage, claim or liability. Our Red Lake Operation includes the Red Lake and Campbell underground mining and processing complexes, and Cochenour, a potential new source of ore. As Evolution’s newest asset and our first in North America, we are excited by the opportunities here. 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