Evolution Mining

Evolution Mining has agreed to spend $18 million on exploration over the next five years on West Perth-based Musgrave Minerals’ Cue gold project in the Murchison region.

Mining & Process Solutions has won the top prize at this year’s Innovator of the Year awards, with an environmentally friendly, cost-efficient new process for the mining industry.

Evolution Mining has agreed to buy Canadian gold mining complex Red Lake from Newmont Goldcorp Corporation for $US375 million ($A553 million) in cash.

The federal government has announced a $50 million emergency fund to address the loss of wildlife during the nation’s bushfire season, as more Australian businesses have pledged millions in combined donations.

Azure Capital, Canaccord Genuity and DLA Piper were among the most active advisers on corporate finance deals in 2019.

Northern Star Resources said it was on track to meet production guidance of around 1 million ounces of gold this year, helped by its recent acquisition of a 50 per cent stake in the Kalgoorlie Super Pit and strong performance across its Australian operations, but also disclosed today an increase in its operating costs.

The Australian share market has rebounded from a huge opening fall that came after panic selling smashed global equities markets overnight.

There's no bottom in sight for the Australian share market, which has shed all of Tuesday's gains to close at its lowest level in 14 months.

Australia's rollercoaster share market has plunged again on a raft of profit warnings, an unprecedented travel ban and cancelled flights.

Australian shares have achieved back-to-back gains for the first time since the coronavirus crisis began, rallying in the final minutes of trade on reports that US politicians have reached a deal on a massive US stimulus deal to shore up the world's biggest economy.

The Australian share market has shaken off a weak lead from Wall Street to rise early as government prepares to announce further economic support measures for businesses amid the COVID-19 pandemic.

Goldminers on opposite coasts have diverging views on the value of Western Australia's hard border closure.

Gold assets in the US and Canada are on the radar for local producers.

This month’s Diggers & Dealers was notable as much for what didn’t appear on the official program as what did.

Traditional supply chains are under threat as China seeks greater control over its raw materials supply.

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.

A multi-billion-dollar merger has brought a change at the top of Business News’ list of goldminers.

The mining industry is turning green, but ‘old’ sectors like gold and iron ore are still attracting keen support.

Subiaco-based SRG Global has secured work on three goldmines, including a satellite deposit near Red 5’s Darlot operation in Western Australia.

Evolution Mining and Oz Minerals have foreshadowed lower-than-expected production and likely cost increases at their respective projects.

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.

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.

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.

Western Australia’s second largest gold miner says turnover among some of the specialist skilled trades in the sector has increased to 50 per cent.

GR Engineering Services has won a $155 million contract from Evolution Mining to expand the gold miner’s processing plant near Kalgoorlie.

Government-owned electricity network utility Western Power has expanded its board of directors by two, as it navigates the state’s energy transition.

Evolution Mining has inked a binding agreement to acquire a major interest in a copper and gold mine in New South Wales under a $720 million deal.

Evolution Mining shares slid sharply on Wednesday, following news that its December 2023 quarter was hampered by production disruptions in both Australia and Canada.

ASX-listed contractor SRG Global has won a series of contracts worth $150 million with new and existing clients across Australia.

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.

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.

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.

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.

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.

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.

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.

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.

Japanese giant Sumitomo Metal Mining has forked out $615m for a stake in Rio Tinto’s big Western Australian copper discovery.

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.