Do you think I could search for “hedging”on EVN’s webpage - no...

Do you think I could search for “hedging”on EVN’s webpage - no way.

Found info on a 2020 AFR article below.

Evolution Mining's hedge book for its Australian operation is 300,000 ounces at an average price of $1872 an ounce for deliveries of 25,000 a quarter to June 2023. Hedging for its Red Lake mine in Canada is 120,000 ounces.

That equates to around 60 million + of free cash flow depending on the the gold price from July 2023.

Not bad at all folks!!

RELATEDWhat's behind the coronavirus gold rush?That said, the hedge book is pretty small relative to its production, which totalled nearly 750,000 ounces over the year to June.Meanwhile, Northern Star Resources' hedge book stands at 536,426 ounces, or around 15 per cent of the next three years' production. But the $11 billion miner's hedge book out to December 2022 is priced above $2000 an ounce.With some pundits calling for gold to rally to $US2000 an ounce, it's little wonder executive chairman Bill Beament said the miner would continue to reduce its hedge book this half, a move that provides scope for further growth in margins and free cash flow.Why hedging makes senseJust because the gold price has sprinted higher doesn't invalidate the use of hedging as a way for companies in a highly capital intensive industry to lock in revenue over the short and medium term.A lot of smaller producers will enter hedging arrangements to secure financing for developments, while larger miners have used it to justify investments in operating mines.Newcrest Mining, Australia's largest listed gold miner, has partially hedged the production of its Telfer mine because its profitability and cash flows are dependent on the realised Australian dollar gold price.At its half-year results, Newcrest said there were 658,199 ounces hedged at an average price of $1875. There are 216,639 ounces hedged for the 2021 financial year at an average price of $1864.