Water’s worth its weight in gold as big producers run dry in the drought

Original article by Nick Evans
The Australian – Page: 17 & 24 : 16-Oct-19

The Cowal gold mine in western New South Wales accounted for nearly 40 per cent of Evolution Mining’s total production for the September quarter. However, COO Bob Fulker has warned that production at Cowal may be hit by the end of 2019-20 if the drought in NSW persists and Evolution’s efforts to reduce the mine’s water consumption do not pay off. CEO Jake Klein notes that Evolution now recycles about 50 per cent of the water used at Cowal. The drought may also affect output at Newcrest Mining’s Cadia mine.

CORPORATES
EVOLUTION MINING LIMITED – ASX EVN, NEWCREST MINING LIMITED – ASX NCM, GLENCORE PLC, AUSTRALIA. BUREAU OF METEOROLOGY

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