Evolution Mining is an Australian
gold mining
Gold mining is the extraction of gold resources by mining. Historically, mining gold from alluvial deposits used manual separation processes, such as gold panning. However, with the expansion of gold mining to ores that are not on the surfac ...
company with projects across Australia and in
Ontario
Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central C ...
, Canada.
Evolution owns and operates mines at
Cowal, New South Wales
Narromine County is one of the 141 Cadastral divisions of New South Wales. It is located between the Bogan River on the west and the Macquarie River on the east, in the area around Narromine.
Narromine is believed to be derived from a local Ind ...
; Mt Carlton, Mt Rawdon, and Ernest Henry, Queensland; and
Mungari, Western Australia.
Mine locations
The Cowal gold operation is an
open-pit
Open-pit mining, also known as open-cast or open-cut mining and in larger contexts mega-mining, is a surface mining technique of extracting rock or minerals from the earth from an open-air pit, sometimes known as a borrow.
This form of mining ...
gold operation approximately 350 km west of
Sydney. Evoution's former Mt Carlton operation is approximately 150 km south of
Townsville, Queensland
Townsville is a city on the north-eastern coast of Queensland, Australia. With a population of 180,820 as of June 2018, it is the largest settlement in North Queensland; it is unofficially considered its capital. Estimated resident population, 30 ...
. The Mt. Rawdon open pit gold operation is approximately 75 km south-west of
Bundaberg, Queensland
Bundaberg is a city in the Bundaberg Region, Queensland, Australia, and is the tenth largest city in the state. Bundaberg's regional area has a population of 70,921, and is a major centre of the Wide Bay–Burnett geographical region. The Bun ...
. The Mungari gold operation is approximately 600 km east of Perth and 20 km west of
Kalgoorlie
Kalgoorlie is a city in the Goldfields–Esperance region of Western Australia, located east-northeast of Perth at the end of the Great Eastern Highway. It is sometimes referred to as Kalgoorlie–Boulder, as the surrounding urban area inclu ...
in Western Australia. The Ernest Henry copper-gold operation is operated by Glencore. It also operates the Red Lake mine, which is an underground gold mine in
Northwestern Ontario
Northwestern Ontario is a secondary region of Northern Ontario in the Canadian province of Ontario which lies north and west of Lake Superior and west of Hudson Bay and James Bay. It includes most of subarctic Ontario. Its western boundary is th ...
, Canada.
History
This growth has seen it become a mid-tier Australian mining company and 52 on the
ASX
Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia a ...
top 200 Australian publicly listed companies.
In April 2015, Evolution completed the buy-out of La Mancha Resources Australian operations, valued at A$300 million, and thereby acquired the
Frog's Leg and
White Foil gold mines as well as the nearby processing plant at the Mungari.
Mining at Frog's Leg is carried out in an underground operation while White Foil is an open pit operation, with the ore processed at the Mungari plant, which was constructed in 2013–14.
In May 2021 the company acquired
Toronto Stock Exchange
The Toronto Stock Exchange (TSX; french: Bourse de Toronto) is a stock exchange located in Toronto, Ontario, Canada. It is the 10th largest exchange in the world and the third largest in North America based on market capitalization. Based in th ...
-listed
Battle North Gold for
CAD$
The Canadian dollar (symbol: $; code: CAD; french: dollar canadien) is the currency of Canada. It is abbreviated with the dollar sign $, there is no standard disambiguating form, but the abbreviation Can$ is often suggested by notable style g ...
343 million for its Bateman (formerly Phoenix) gold project near
Red Lake, Ontario.
References
External links
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{{S&P/ASX 200
Gold mining companies of Australia
Companies based in Sydney
Companies listed on the Australian Securities Exchange
2011 establishments in Australia