Evolution Mining Limited (AU:EVN) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
NRW Holdings Limited has secured a substantial $360 million mining services contract with Evolution Mining for surface mining at Castle Hill, located near Kalgoorlie in the Goldfields region of Australia. The project, which will employ an average of 150 personnel, is set to commence in November 2024 and is expected to run until mid-2030, involving load and haul, drill and blast, and the construction of site facilities. This partnership aligns with NRW’s reputation as a high-quality mining service provider and is anticipated to foster local community engagement and business development.
For further insights into AU:EVN stock, check out TipRanks’ Stock Analysis page.