June 28 (Reuters) - Evolution Mining Ltd EVN.AX :
* FY 2016 preliminary results and FY 2017 guidance
* FY 2016 production, costs, net mine cash flow to be in line with guidance
* FY 2017 production expected to increase
* FY 2017 production to be of 800,000 - 860,000 ounces of gold
* FY 2017 expenditure on sustaining capital to be in range of A$90 - A$120 mln
* FY 2017 all-in sustaining costs (AISC) to be between A$985/oz - A$1,045/oz
* FY 2017 C1 cash costs to be between A$685/oz - A$745/oz
* FY 2017 investment in major capital to be in range of A$110 - A$140 million
* FY 2017 exploration expenditure to total approximately A$25 - A$30 million
* For next three years expects to produce in excess of 800,000 oz of gold
* Over three year to FY 2019 AISC to trend lower
* In June 2016 quarter to record group gold production of 213,000 oz
* In June 2016 quarter to record gold production at AISC of A$1,075 per oz
* Doubling dividend payout to 4% of revenue which will be effective immediately
Source text for Eikon ID:nASXbhwYrZ
For more news, please click here EVN.AX
Bengaluru Newsroom; +91 80 6749 1130