Evolution Mining says its annual production guidance for the 2025 financial year of 710,000-780,000 ounces of gold and 70,000-80,000 tonnes of copper remains unchanged, despite a fall in production over the March 2025 quarter.
Evolution Mining has celebrated the commissioning of its Mungari mill expansion project on the same day it sold gold for more than $5,000/ounce for the first time.
The price of gold saw out the work week above US$3,000 per ounce, driven to all-time highs amid a bull run fueled by global economic and geopolitical uncertainty.
Evolution Mining boss Jake Klein believes the geopolitical uncertainty gripping world will create an opportunity for Australia to make itself an even greater jurisdiction of choice.
Newmont Corporation shares have lost almost 20 per cent of their value in two days, as concerns over costs at the world's largest goldminer continue to weigh on the business.
Lycaon Resources has secured its final heritage and program of works approvals to clear the way for drilling at its multi-element Stansmore carbonatite project in Western Australia's West Arunta region. The heritage clearance survey, which was completed in July, relates to the company's three priority Stansmore, Volt and Ions targets where it is chasing niobium, rare earths and iron oxide copper-gold.
In tough recent times for many junior mining companies on the ASX, luring a financially-powerful “big dog” onto the share register to provide some much-needed muscle has become a common boardroom pursuit. In this second part of an occasional series, Bulls N' Bears takes a look at some of those companies which have prospered after jumping into the business bed with a major partner.
NRW Holdings has carried its positive momentum into the 2025 financial year, after winning a $360 million surface mining contract from major gold producer Evolution Mining.
Mungari goldmine owner Evolution Mining has reported a massive 158 per cent net profit increase across its business, amid a record gold price environment for Australian producers.
Mark Beyer and Jack McGinn discuss corporate governance at Fortescue and Qantas; Woodside's ammonia buy; all the news out of Diggers & Dealers; Iplex's class action; and a big week for global markets.
Our weekly appointments wrap includes Brian Kerman, Chris Kerman, Mark Nagle, Peter Kerman, Andrew Gerrard, Luke McShane, Jenny Thornton, Noel Pearson, Fiona Hick and John Galvin.
Pilbara gold developer De Grey has refused to comment around speculation that it could be the target of rival interest, saying it is focused on developing its Hemi project.
Former Fortescue Metals chief executive Fiona Hick has taken up a role at Evolution Mining, almost a year after her abrupt exit from the Andrew Forrest-led iron ore business.
Xanadu Mines has identified key follow-up targets at its Red Mountain project in Mongolia after returning positive copper and gold results from near-surface in a discovery drill campaign across four prospects. The company recorded epithermal gold extensions in shallow mineralisation at its promising Target 33 prospect, with assay highlights showing a 41m hit grading 1.07 grams per tonne gold from 34m.
Middle Island Resources has secured the maximum $300,000 grant from the NT Government, which the company says is an endorsement of the significant targets at its Barkly copper-gold “super-project” in the Top End. The co-funded payment will enable the first-round testing of a spread of iron oxide-copper-gold targets at its Georgina project and one deep diamond-hole at its Bedrock prospect within the Barkly ground.
The first four prosecutions under WA's new workplace safety laws, which lifted the maximum penalty for failing to ensure safety of a worker jump from $625,000 to $3.5 million, have been initiated.
Evolution Mining shares slid sharply on Wednesday, following news that its December 2023 quarter was hampered by production disruptions in both Australia and Canada.
Evolution Mining has restarted operations at its copper and gold mine in Queensland after it was forced to halt production due to a significant weather event.
Australian gold company Evolution Mining has recorded a significant drop in its all-in sustaining costs while its operating cashflow increased after producing more gold in the December quarter.
Mining sector leaders Jake Klein and Sharon Warburton said today the sector as a whole needed to recognise more action was needed to achieve respectful workplaces.
Northern Star Resources has sold a large portion of its Kalgoorlie operations to Evolution Mining on the same day it appointed Stuart Tonkin as the goldminer's new managing director.
Gold has stood the test of time proving it to be a stand-out performer in 2020 following the onset of COVID-19. March saw the price of the yellow metal fall to US$1,486 per ounce before rising by a stunning 40 per cent to hit an all-time US$2,067 per ounce high in August. What does 2021 hold for gold?
