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).
Read MoreTag: EVN
Evolution Mining poised for strong growth
Evolution Mining (ASX:EVN) is poised for a stellar year, despite missing its gold production guidance.
Read MoreEvolution Mining faces production challenges
For the second quarter in a row, wet weather and seismic problems have cut Evolution Mining’s (ASX:EVN) gold output.
Read MoreEvolution Mining leaps 10%
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.
Read MoreEvolution Mining declares another interim dividend
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.
Read MoreEvolution Mining plunges over 20%
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.
Read MoreEvolution Mining shares fall 14% on Northparkes purchase funding
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.
Read MoreEvolution Mining expands NSW investments
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.
Read MoreEvolution Mining executive discusses gold’s role in uncertain times
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.
Read MoreMining giants Evolution and Northern Star shine in early 2023-24 financial results
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.
Read MoreEvolution Mining upgrades mineral resource at Ernest Henry Mine in Northern Queensland
For the second time in three months, Evolution Mining (ASX:EVN) has expanded the mineral resource size at its Ernest Henry copper and gold mine in northern Queensland, now exceeding 100 million tonnes of ore containing valuable copper and gold.
Read MoreEvolution Mining adjusts dividend and outlines strategic plans amidst fiscal year challenges
Evolution Mining (ASX:EVN), a prominent gold mining company, has announced a reduction in its final dividend to 2 cents per share, down from 3 cents in the previous year. This decision follows a decline in earnings reported for the fiscal year ending on June 30.
Read MoreEvolution Set to Kick-Start Mungari Expansion
Australia’s third-biggest gold miner Evolution Mining is finally getting the expansion of one of its cornerstone mines, Mungari, underway with the aim to be in production by 2026-27.
Read MoreErnest Henry Continues its Evolution into a Major Find
Evolution Mining has significantly expanded the size of the resource at the Ernest Henry gold and copper mine it bought from Glencore in early 2022.
Read MoreLocal Goldies Lining Up for Newmont Offcasts
There’s an enormous chance for Australian miners to get global scale by positioning themselves to buy mines Newmont wants to flick after it takes control of Newcrest.
Read MoreStock Snippets: JRV, EVN
Updates in Tuesday’s ASX session from up-and-coming cobalt miner Jervois Global, which has had a change of tack, and Evolution Mining, which has got things back on track.
Read MoreEvolution Buoyant Despite Ernest Henry Dampener
A positive update from Evolution Mining Tuesday even with the loss of thousands of ounces of gold and thousands of tonnes of copper from its still damp Ernest Henry mine.
Read MoreBridge Street Banter: MCR, EVN
In ASX news Monday, Twiggy Forrest’s Wyloo is happy to sit tight for the moment on its Mincor bid, while Evolution Mining has given a further update on its problems at Ernest Henry.
Read MoreEvolution Back on Track with Promising Cowal News
Evolution Mining has bounced back after last week’s Ernest Henry setback with news that its key Cowal mine in central western NSW will be coming on stream earlier than planned.
Read MoreEvolution Looking a Little Washed Out
The big rain event across much of Queensland has claimed another mine with Evolution Mining revealing a six-week shutdown at its Ernest Henry operation in the northwest of the state.
Read MoreStock Snippets: EVN, NTO
Thursday saw some good news from Evolution Mining regarding its Ernest Henry mine, while it may well be game, set and match in the long-running battle for Nitro Software.
Read MoreResource Rumblings: WHC, S32, EVN
The reporting season rolled on Thursday with half-yearly results out from three of the local mining fraternity: South32, Evolution Mining and Whitehaven Coal.
Read MoreMining Matters: EVN, SFR
News out on Tuesday from a couple of up-and-coming local miners, with Evolution Mining and Sandfire Resources each providing comprehensive updates to the market.
Read MoreEvolution All Het Up about Ernest Henry
Evolution Mining is most enthusiastic about drilling results at its Ernest Henry mine that could pave the way for a significant upgrade for the operation’s future.
Read MoreMining Morsels: NST, EVN
Uninspiring announcements from Northern Star Resources and Evolution Mining saw each company’s stock price lower at the end of Thursday’s ASX session than at the start.
Read MoreStock Snippets: ORG, EVN, TWE
The local reporting season rolls on and here’s the pick of today’s batch of updates from energy powerhouse Origin, ambitious miner Evolution and global vintner Treasury Wines.
Read MoreEvolution Slammed 20% as Regression Sets In
Shares in gold and copper miner Evolution Mining ended a rough Monday down nearly 22% – their lowest level since the end of 2017 – after a weak market update.
Read MoreEvolution Marked Down 5% on Trimmed Output
Evolution Mining has been forced to trim its estimated 2021-22 gold output forecast, news that saw investors send the shares down almost 5% to $4.34 in ASX trading on Thursday.
Read MoreMixed Bag of Results from Gold Giants
The report card for the country’s three major ASX-listed gold miners – Newcrest, Northern Star and Evolution Mining – for the six months to December can be regarded as a pass mark at best.
Read MoreEVN – Credit Suisse rates the stock as Neutral
The broker adjusts its target price to $3.70 from $3.80 and maintains its Neutral rating.
Read MoreMarket Likes Evolution’s Ernest Henry Move
The market responded favourably to news that Evolution Mining (ASX: EVN) has snapped up full control of the Ernest Henry mine in far northern Queensland for $A1 billion from Glencore.
Read MoreUpbeat Updates from OzMin and Evolution
Things are bubbling along quite nicely for two local resource companies, with Oz Minerals lifting its full-year guidance and Evolution Mining beating expectations on both an earnings and cost basis.
Read MoreEvolution Streamlines with Sale to Navarre
Evolution Mining has slimmed its mine portfolio with the proposed $90 million sale of its Mt Carlton gold mine and Crush Creek prospect in North Queensland to Navarre Minerals.
Read MoreProfit Briefs: NCM, S32, EVN, ORG
With peak reporting season upon us, here are snippets from the results announced yesterday by resource companies Newcrest, South32, Evolution Mining and Origin Energy.
Read MoreEVN – Morgans rates the stock as Hold
Morgans maintains its Hold rating, and reduces its price target to $4.34 from $4.49, as the broker awaits further detail on the Mungari expansion.
Read MoreEvolution Continues Expansion with Kundana Deal
Days after confirming its $1 billion Cowal expansion, Evolution has revealed a $400 million transaction to turn its Mungari mine into a ‘cornerstone’ asset in a deal with rival Northern Star Resources.
Read MoreDiffering Theories of Evolution
Some good news, a bit of bad, and spending hundreds of millions of dollars didn’t win the minds of investors for Evolution Mining, with the company’s shares losing 5% on Friday.
Read MoreEVN – Morgans rates the stock as Hold
The Hold rating and $4.68 target are retained.
Read MoreEVN – Credit Suisse rates the stock as Outperform
Credit Suisse likes Evolution Mining for its peer low cost, strong free cash flow generation and positive production growth outlook. The Outperform rating remains intact with the target dropping to $4.60 from $5.10.
Read MoreBattle North Accepts the Theory of Evolution
Gold miner Evolution is expanding its involvement in the Canadian mining industry with a second deal in less than two years, the purchase of Canadian group Battle North.
Read More
