Creating a Premier global

gold company

Share Purchase Plan Offer

To access the Share Purchase Plan Booklet and Offer, click on the SPP Offer.

Our
Story

It’s all in the name… we’ve evolved from a small company into a globally relevant gold mining business with a reputation of delivering value for all stakeholders. Underpinning it all, is our Australian story and spirit. We dare our people to think differently, we act like owners and we live our values of safety, accountability, excellence and respect.

Our
Operations

Evolution Mining is a leading, globally relevant gold miner. Evolution  operates five wholly-owned mines – Cowal in New South Wales, Mungari in Western Australia, Mt Rawdon and Ernest Henry in Queensland, and Red Lake in Ontario, Canada.

The focus of Evolution Mining is on operating its projects safely and efficiently and developing them to their full potential.

FY23 Highlights

In FY23 we produced 651,155 ounces of gold at an AISC of A$1,450 per ounce – among the lowest cost gold producers in the world. 

651koz

Gold Produced

A$1,450/ OZ

AISC

A$164M

statutory net profit after tax

 

~A$2.5B

contribution to the Australian and Canadian economies

Payout of

~A$92M

dividends paid

Mineral Resources

30.3Moz gold

1.8Mt contained copper

Ore Reserves

10.0Moz gold

Contained gold 4% decrease

A$944M

Operating mine cash flow

Sustainability

Our sustainability vision is to deliver long-term stakeholder value through safe, low cost gold production in an environmentally and socially responsible way.

Net Zero Progress

with a power purchase agreement (PPA) implemented to supply cowal’s electricity significantly contributing towards evolution achieving 30% reduction in emissions by 2030

19%

decrease

reduction in total recordable injury frequency supported by risk reduction activities, and no fatalities 

83%

of employees choosing to stay at evolution in a tight competitive market

44%

improvement

in FY23 freshwater usage (compared to fy20 baseline) with improved water security of 0.19kL/dry tonne milled

‘AA’ MSCI ESG rating’

the highest rating among global gold mining peers

$

261

M

contribution businesses and organisations including A$230M in direct spend with local organisations

Top

35

graduate employer, and highest-ranking listed mining company according to Australian
Association of Graduate Employers (AAGE)

100%

of actions in Community
Relations Plans and First Nation
Engagement Plans completed

Evolution has a strong platform of high-quality assets with an average reserve life of more than 14 years. All assets are located in the safe jurisdictions of Australia and Canada with a highly skilled workforce, and in an attractive operating environment. Our balance sheet is strong, our assets are generating substantial cash flow and our business is now well positioned to prosper through the cycle.
Jake Klein - Executive Chair

Key News

Upcoming Events

  • 14 FEB 2024

    Half year financial results

  • 17 APR 2024

    March quarter results

  • 18 JUL 2024

    June quarter results

  • 14 AUG 2024

    Full year financial results

  • 16 OCT 2024

    September quarter results

  • 21 NOV 2024

    Annual General Meeting

2023 Annual Report
Job Opportunities
Scroll to Top

LATEST NEWS

UPCOMING EVENTS

Disclaimer

Please note that you are now entering a website directly or indirectly maintained by a third party (the “External Site”) and that you do so at your own risk.

Evolution Mining LTD., (“EVN”) has no control over the External Site, any data or other content contained therein or any additional linked websites. The link to the External Site is provided for convenience purposes only.

By clicking “Accept” you acknowledge and agree that neither EVN nor third party provider Virtua Research, Inc. (“Virtua) is responsible, or accepts or assumes any responsibility or liability whatsoever for, the content, the data or the technical operation of the Linked Site. Further, by entering the External Site, you also acknowledge and agree that you completely and irrevocably waive any and all rights and claims against EVN and Virtua and further acknowledge and agree that in no event shall EVN or Virtua, its officers, employees, directors and agents be liable for any (i) indirect, consequential, incidental, special, compensatory or punitive damages, (ii) damages for loss of income, loss of business profits, business interruption, loss of data or business information, loss of or damage to property, (iii) claims of third parties, or (iv) other pecuniary loss, arising out of or related to this disclaimer or the External Site

By entering the External Site, you further acknowledge and agree that the disclaimer of warranties and limitations of liability set out in this disclaimer shall apply regardless of the causes, circumstances or form of action giving rise to the loss, damage, claim or liability, even if such loss, damage, claim or liability is based upon breach of contract (including, without limitation, a claim of fundamental breach or breach of a fundamental term), tort (including, without limitation, negligence), strict liability or any other legal or equitable theory, and even if EVN and Virtua are advised of the possibility of the loss, damage, claim or liability. The waiver and release specifically includes, without limitation, any and all rights and claims pertaining to the processing of personal data, including but not limited to any rights under any applicable data protection statute(s).

If in any jurisdiction, any part of this disclaimer is held to be unenforceable by a court of competent jurisdiction, such part of this disclaimer shall be restricted or eliminated to the minimum extent and the remaining disclaimer shall otherwise remain in full force and effect.

Please note the information presented is deemed representative at the time of its original release. Changes in historical information may occur due to adjustments in accounting and reporting standards & procedures.

Non-IFRS Information

In addition to disclosing results determined in accordance with IFRS, EVN may also disclose certain non-IFRS and pro forma non-IFRS results of operations, including certain ratios, operational and miscellaneous data, as well as net income, diluted earnings per share, operating expenses, and operating income that make certain adjustments or exclude certain charges and gains that are outlined in the schedules included in this website. Management believes that this non-IFRS and pro forma non-IFRS information provides investors with additional information to assess EVN operating performance by making certain adjustments or excluding costs or gains and assists investors in comparing our operating performance to prior periods. Management uses this non-IFRS and pro forma non-IFRS information, along with IFRS information, in evaluating its historical operating performance. EVN and Virtua also take no responsibility for third party pricing data provided for informational purposes and certain ratio results formulated from the provided third party pricing data.

The non-IFRS information is not prepared in accordance with IFRS and may not be comparable to non-IFRS information used by other companies. The non-IFRS information should not be viewed as a substitute for, or superior to, other data prepared in accordance with IFRS.