Our Assets

Australia

Cowal

New South Wales

Cowal

The Cowal gold operation is a world-class, open pit gold operation located 350km west of Sydney.
Find Out More

Mt. Carlton

Queensland

Mt. Carlton

Our Mt. Carlton operation is located 150km south of Townsville, Queensland.
Find Out More

Mt. Rawdon

Queensland

Mt. Rawdon

The Mt. Rawdon open pit gold operation is located 75km south-west of Bundaberg, Queensland.
Find Out More

Mungari

Western Australia

Mungari

The Mungari gold operation is located 600km east of Perth and 20km west of Kalgoorlie, Western Australia.
Find Out More

Ernest Henry

Queensland (Evolution Economic Interest)

Ernest Henry

The Ernest Henry copper-gold operation is a large-scale, long-life asset operated by Glencore.
Find Out More

Canada

Red Lake

Canada

Red Lake

The Red Lake is an underground gold mine in western Ontario, Canada.
Find Out More

Evolution Mining is a leading, growth-focused Australian gold miner. Evolution operates five wholly-owned mines – Cowal in New South Wales, Mt Carlton and Mt Rawdon in Queensland, Mungari in Western Australia, and Red Lake in Ontario, Canada. In addition, Evolution holds an economic interest in the Ernest Henry copper-gold mine in Queensland that will deliver 100% of future gold and 30% of future copper and silver produced from an agreed life of mine area. Outside of the life of mine area Evolution will have a 49% interest in future copper, gold and silver production.

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

With the recent inclusion of the Red Lake Mineral Resource, at December 2019, Evolution Mining’s global Mineral Resources were 26.2 million ounces of gold and Ore Reserves were 7.3 million ounces of gold. Group gold production for FY20 totalled 746,463 ounces at an All-in Sustaining Cost of A$1,043 per ounce.

Evolution has guided FY21 gold production of 670,000 – 730,000 ounces at an All-in Sustaining Cost of A$1,240 – A$1,300 per ounce.

FY20 Highlights

In FY20 we produced 746,463 ounces of gold at an AISC of A$1,043 per ounce – one of the lowest cost gold producers in the world. Evolution has guided FY21 Group gold production of around 670,000 – 730,000 ounces at an All-in sustaining cost of A$1,240-A$1,300 per ounce of gold.

746koz

Gold Produced

A$1,043/ OZ

AISC

A$1,121M

Mine cash flow (increased 45% from FY19)

~A$405M

underlying net profit after tax (INC. 86%)

Scroll to Top

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.