Evolution Mining strikes gold
Like it has boosted its June quarterlies for majors, Barrick and Newmont (ASX:NEM), the surging gold price has burnished the full-year results for local major, Evolution Mining (ASX:EVN).
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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.
Since day one, our overriding priority has been safety. We dare our people to think differently, we act like owners and we live our values of safety, accountability, excellence and respect. We want people’s time at Evolution to be a highlight of their career, forging a company that’s known for sustainable excellence, and attracting the best talent, not only to Evolution, but also to our industry.
We’ve weathered storms to become a company that prospers through the cycle. We’ve stayed true to our vision and become a global leader in low-cost gold production.
We recognise that along our journey comes change. Embracing technology and innovation are important for our future success, and sustainability is more critical than ever. As we grow, we want to continue to combine ambition and our entrepreneurial mindset with humility. We want our people and our communities to grow as we grow. And we believe that together, we can become the best mid-tier gold mining company in the world.
Like it has boosted its June quarterlies for majors, Barrick and Newmont (ASX:NEM), the surging gold price has burnished the full-year results for local major, Evolution Mining (ASX:EVN).
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Evolution Mining (ASX:EVN) is poised for a stellar year, despite missing its gold production guidance.
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For the second quarter in a row, wet weather and seismic problems have cut Evolution Mining’s (ASX:EVN) gold output.
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Shares in Evolution Mining (ASX:EVN) leapt by 10% on Wednesday as its March quarterly report made it clear that the acquisition of 80% of the Northparkes mine in central western NSW, and the soaring gold price, would produce a surge in earnings, especially in the 2024-25 financial year.
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Another interim dividend for shareholders in Evolution Mining (ASX:EVN) after a modest result for the six months to December, highlighted by the consolidation of its position in the growing central NSW gold and copper province.
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Shares in Evolution Mining (ASX:EVN), a gold and copper miner, tumbled more than 20% yesterday as it released a concerning production report for the December quarter and half-year.
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Shares in Evolution Mining (ASX:EVN) plummeted by 14% on Wednesday after trading resumed following a halt. The halt was to facilitate the company's efforts to raise $525 million to finance the acquisition of an 80% stake in the Northparkes copper gold mine in New South Wales, Australia, from China's CMOC.
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Evolution Mining (ASX:EVN) has proposed to acquire an 80% stake in the long-established Northparkes copper-gold mine in the state's central west for over $700m.
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Jake Klein, executive chair of Evolution Mining (ASX:EVN), one of Australia's last remaining globally significant gold miners, appears to be a reluctant gold 'bull,' if his remarks at Thursday's annual meeting in Sydney are any indication.
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With Newcrest Mining (ASX:NCM) set to be acquired by Newmont in the coming weeks, Evolution Mining (ASX:EVN)and Northern Star (ASX:NST) emerge as the remaining local majors, gaining increasing attention from investors seeking direct exposure to gold and copper.
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