Mungari (100% Ownership)

The Mungari operation is located 600km east of Perth and 20km west of Kalgoorlie in Western Australia. There are currently two registered native title claims over the majority of the Mungari tenements – the Maduwongga People and the Marlinyu Ghoorlie People. Our local communities are Coolgardie and Kalgoorlie.

Mungari produced another solid contribution to the Group’s overall gold production result with gold production of 115,829 ounces at an average AISC of A$1,453 per ounce. Mungari’s production was lower than the prior period as more material was processed from the lower grade open pits than from the higher grade underground mine in line with the mining sequence. Full year net mine cash flow was A$73.2 million.

A key highlight at Mungari has been the performance of the processing plant, which continued to perform strongly, capitalising on improved operational and maintenance initiatives. During the year Mungari achieved throughput of over 2.0 million tonnes at an average grade of 1.97g/t with gold recoveries of 91.3%. The plant throughput achieved its FY21 target and was significantly above the plant’s nameplate capacity of 1.6 million tonnes per year.

The acquisition of a portfolio of high-grade underground mines within 8km of Mungari’s mill from Northern Star Resources Limited announced on 22 July 2021 has escalated Mungari to Evolution’s fourth cornerstone asset. The transaction provides a pathway to annual production objective of 200,000 ounces at Mungari, more than doubles the Mungari Mineral Resources and Ore Reserves and consolidates a 1,027km2 land package.

Video: Mungari overview

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