MINER'S RIGHT

Miners line up to confess ahead of results season

Confession season, a time in the calendar which precedes full year financial results, produced its biggest loser earlier today when Australia’s Evolution Mining suffered a 22% share price crash after unveiling an increase in operating costs and decrease in gold production.

Tim Treadgold
Miners line up to confess ahead of results season

The drop from A$3.41 to A$2.6 is the steepest one-day decline since confessions started ahead of the June 30 balance date used by most Australian companies, but it hasn't been the only fall and will probably...

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