Creating a Premier global
gold company
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
A$1,450/ OZ
AISC
A$164M
statutory net profit after tax
~A$2.5B
contribution to the Australian and Canadian economies
Payout of
dividends paid
Mineral Resources
30.3Moz gold
1.8Mt contained copper
Ore Reserves
10.0Moz gold
A$944M
Operating mine cash flow
Sustainability
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
Key News
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