Evolution Mining Limited ( (AU:EVN) ) has provided an announcement.
Evolution Mining Limited has received final federal regulatory approval to extend its Cowal Gold Operations open pit mining until 2042, following a robust approval process at both state and federal levels. This approval allows for the expansion of mining activities to include three adjacent ore bodies, ensuring long-term operational stability and continued benefits for stakeholders, with board approval expected in the June 2025 quarter.
More about Evolution Mining Limited
Evolution Mining is a leading, globally relevant gold miner operating six mines, including five wholly-owned mines in Australia and Canada, and an 80% share in Northparkes, New South Wales. The company focuses on gold and copper production, with a financial year 2025 production guidance of 710,000 – 780,000 ounces of gold and 70,000 to 80,000 tonnes of copper.
YTD Price Performance: 22.58%
Average Trading Volume: 6,438
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $7.79B
See more data about EVN stock on TipRanks’ Stock Analysis page.