Creating a Premier global

mid -tier gold company

2020 Sustainability Report

Our Sustainability Report reflects our values driven approach to creating measureable value for our stakeholders through safe and reliable, low-cost gold production in an environmentally and socially responsible way. 

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, growth-focused Australian gold miner. Evolution operates five wholly-owned mines – four in Australia and one in Ontario, Canada. In addition, Evolution holds an economic interest in the Ernest Henry copper-gold mine in Queensland.

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

FY20 Highlights

In FY20 we produced 746,463 ounces of gold at an AISC of A$1,043 per ounce – among 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%

~A$1.28B

contribution to aust economy (FY19)

Sustainability Overview

Our objective is to deliver long-term shareholder value through safe, low-cost production in an environmentally and socially responsible manner.

We play our part in developing strong and sustainable communities, not because we have to but because it’s the right thing to do.

Direct Spend

A$92.3M

To local community organisations

Local employment

54%

across our operations

Contribution to the australian economy

A$1.28B

In FY19

New shared value projects

4

Evolution has a strong platform of high-quality assets with an average reserve life of approximately ten 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 Chairman

Key News

Upcoming Events

19 Aug 2021
Full Year Financial Results
19 Aug 2021
20 Oct 2021
September Quarter Results
20 Oct 2021
25 Oct 2021
Annual Report Release
25 Oct 2021
2020 Annual Report
Job Opportunities
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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.