Creating a Premier global

gold company

Latest News

2023 Sustainability Report

FY23 Sustainability Case Studies

FY23 ESG Performance Data

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.

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Our
Operations

Evolution Mining is a leading, globally relevant gold miner. Evolution currently operates six mines, being five wholly-owned mines – Cowal in New South Wales, Ernest Henry and Mt Rawdon in Queensland, Mungari in Western Australia, and Red Lake in Ontario, Canada, and an 80% share of Northparkes in New South Wales.

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

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FY24 Highlights

In FY24 we produced 716,700 ounces of gold at an AISC of A$1,477 per ounce – among the lowest cost gold producers in the world. 

~717koz

Gold Produced

A$1,477/ OZ

AISC

A$482M

underlying profit after tax

 

~A$1.5B

underlying EBITDA

 

~A$99M

dividends declared

 

Mineral Resources

32.7Moz gold

4.1Mt contained copper

Ore Reserves

11.4Moz gold

1.3Mt contained copper

A$1.5B

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.
See full Report

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

Link to September quarter conference call – 18 Oct

October 1, 2024

Link to FY24 Full Year Financial Results Conference Call

August 2, 2024

Link to June quarter conference call – 18 July

July 4, 2024

Upcoming Events

  • 16 OCT 2024

    September quarter results

  • 21 NOV 2024

    Annual General Meeting

2023 Annual Report
Job Opportunities
Latest News
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LATEST NEWS

UPCOMING EVENTS

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