Evolution Mining climbs to 4-year high on upbeat Q2 production, bullion prices
The company reported a quarterly group gold production of 194,793 ounces, compared with 161,073 ounces a year earlier.
Canadian miner Kinross Gold Corp said on Wednesday it is suspending its Russian operations, following Russia’s invasion of Ukraine.
The company said in a statement it is suspending all activities at its Udinsk development project.
Kinross is also in the process of suspending operations at its Kupol mine, with the focus being on safety and well-being of its more than 2,000 employees.
Russian forces invaded Ukraine last week, marking the biggest attack by one state against another in Europe since World War Two. Many firms have idled operations in Russia following Western sanctions against Russia.
(By Arunima Kumar; Editing by Uttaresh.V)
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