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Evolution Mining
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Evolution Mining has approved development of the $545-million E22 block cave at Northparkes, expected to deliver first ore by the end of the 2030 financial year and operate for about nine years at a steady-state underground production of about six-million tonnes a year. The miner also approved the $75-million Northparkes coarse particle flotation project to lift concentrate-grade adjusted copper recovery by about 2% and the $160-million Bert deposit development at Ernest Henry to provide incremental feed to use latent mill capacity.
Mungari mill expansion delivers ahead of budget, Cowal openpit extension progressesEvolution completed commissioning of the Mungari mill expansion in the half-year to December 31, 2025, at a final capital cost of $212-million, representing a 15% saving to the original $250-million budget, with the plant operating at an annualised processing rate of 4.1-million tonnes a year. The Cowal openpit continuation project, which will extend the operation until 2042 and contribute an additional two-million ounces in production, achieved a key milestone with completion of the northern protection bund, enabling development of the E46 cutback.
Record quarterly gold output drives shares to all-time highEvolution produced 191 000 oz of gold in the December 2025 quarter, up from 174 000 oz in the previous quarter, driven by strong operational performance at Cowal, which produced 80 000 oz, and record quarterly output of 50 000 oz at Mungari in its fourth straight quarter of production growth. The company reaffirmed its fiscal 2026 group production forecast of 710 000 oz to 780 000 oz for gold and 70 000 to 80 000 metric tons for copper.
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The project achieved a key milestone in the half-year to December 31, 2025.
The commissioning of the expanded mill was completed in the half-year to December 31, 2025.
Australian miner Evolution Mining has approved a series of growth and development projects at its Northparkes and Ernest Henry operations, as well as new exploration investments in Canada, aimed at...
ASX-listed Felix Gold has appointed two senior executives to strengthen its management team as the company advances towards development and planned operations in the US. The company on Monday...
Australia's Evolution Mining reported a rise in its second-quarter gold production on Wednesday, driven by strong performances across almost all assets, sending its shares to a record high. Shares...
Australian miner Evolution Mining is progressing plans to convert its Mt Rawdon gold mine in Queensland into a pumped hydro energy storage facility, with chair Jake Klein using the company’s AGM on...
Australian gold and copper miner Evolution Mining’s Mungari operation, in Western Australia, is on the brink of completing its major plant expansion this month – ahead of schedule and 15% below the...
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