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Evolution Mining

Oct 23, 2020
Margins the standout in Evolution’s annual report

Margins the standout in Evolution’s annual report

Evolution Mining has handed down its annual report saying the focus on margin over ounces has delivered record financial results. The company produced 746,463 ounces of gold last financial year, at an All-in Sustaining Cost (AISC) of A$1,043 per ounce (US$700/oz)1. The company report says,  ‘this continues to rank Evolution as one of the lowest cost… This content is for iQ Industr...

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Oct 13, 2020
Evolution boss quizzed over QRC election campaign row

Evolution boss quizzed over QRC election campaign row

Australia’s third biggest gold miner has pledged to maintain its membership of the Queensland Resources Council amid fallout from the group’s anti-green election campaign. The Vote Greens Last advertising campaign saw BHP and Origin Energy suspend their QRC memberships in protest. However, Evolution Mining executive chairman Jake Klein refused to be drawn on his opinion… This content is for...

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Jul 23, 2020
Crush Creek encouragement for Evolution’s NQ future

Crush Creek encouragement for Evolution’s NQ future

Evolution Mining has reported encouraging assay results from several holes at the Crush Creek project, 30km south-east of its Mount Carlton mine. The site is viewed as holding the potential to provide mine life extensions at Mount Carlton – carrying particular weight after a major resource blow at that site. Evolution Mining last month announced… This content is for iQ Industry Queens...

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Jul 01, 2020
Aeris completes Cracow gold purchase

Aeris completes Cracow gold purchase

Aeris Resources has completed the acquisition of the Cracow gold operations from Evolution Mining in a $125 million deal. Executive chairman Andre Labuschagne says Aeris is excited at both the production and exploration potential at Cracow and has committed about $13 million to exploration over the next two years. Aeris has agreed to pay Evolution… This content is for iQ Industry Queensland...

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Jun 19, 2020
Resource blow for Evolution at Mount Carlton

Resource blow for Evolution at Mount Carlton

Evolution Mining has been forced to drop about 75,000 ounces of gold from its Mount Carlton life of mine plan. It follows an extensive grade control infill program of 204 drill holes (33,000m) to update the North Queensland site’s resource block model. Evolution is now looking at ways to maximise the future value of the… This content is for iQ Industry Queensland, iQ Coal, iQ Civil, i...

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Jun 04, 2020
Cracow gold mine to change hands in $125m deal

Cracow gold mine to change hands in $125m deal

Aeris Resources is forking out up to $125 million to buy the Cracow gold mine in Central Queensland from Evolution Mining. The companies have entered a binding agreement for the sale, expected to close around the end of this month. The acquisition includes a tenement package covering 903sq km, and Aeris says it aims to… This content is for iQ Industry Queensland, iQ Coal, iQ Civil, iQ Geo, ...

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Jun 02, 2020
Evolution confirms Cracow mine sale on the cards

Evolution confirms Cracow mine sale on the cards

Evolution Mining has confirmed it is looking to sell its Cracow underground gold mine in the Banana Shire in Central Queensland. It comes after the Financial Review reported this morning (June 2) that the company was set to sell the mine to Aeris Resources. The media coverage prompted Evolution to make a statement to the… This content is for iQ Industry Queensland, iQ Coal, iQ Civil, iQ Geo...

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Jan 13, 2020
Evolution Mining cuts Mount Carlton gold forecast

Evolution Mining cuts Mount Carlton gold forecast

Evolution Mining has scaled back production forecasts for the Mount Carlton gold mine in North Queensland this year. This content is for iQ Industry Queensland, iQ Coal, iQ Civil, iQ Geo, iQ Miner’s Life, iQ Rockhampton, iQ Coal and Mining North, iQ Coal and iQ Geo, iQ Civil and iQ Coal, iQ Civil and Mining North, and iQ Civil and iQ Geo members only.Log In Register ...

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Sep 17, 2019
Evolution backs new gold venture in Mount Carlton  neighbourbood

Evolution backs new gold venture in Mount Carlton neighbourbood

Evolution Mining is throwing its weight behind another Central Queensland gold project. The gold producer has entered into an earn-in agreement with private entity Basin Gold over the Crush Creek project, 10km north-west of Collinsville. The exploration project is about 30km south-east of Evolution’s Mount Carlton gold mine. “Crush Creek hosts low sulphidation epithermal gold… This co...

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