Evolution Mining acquires Carnaby Resources for copper growth
The acquisition via Scheme of Arrangement values Carnaby at ~$213 million, adding the Greater Duchess project near Ernest Henry.
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Gold mining company operating six mines in Australia and Canada
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In short: Evolution Mining acquired Carnaby Resources for $213 million and achieved record cash flows, a net cash position, and unhedged status.
The acquisition via Scheme of Arrangement values Carnaby at ~$213 million, adding the Greater Duchess project near Ernest Henry.
June quarterly results show sector-leading costs and record cash flow, with growth projects on schedule.
The call will be held on 15 July 2026 at 10:30am Sydney time, with live audio stream available.
The event included a smoking ceremony and cultural dancing at Northparkes Operations.
The cash-rich gold miner has pounced on the copper junior with a plan to get more out of Evolution's under-utilised Ernest Henry processing mill.
Evolution Mining Limited (Evolution) acquired all the shares in Conquest Mining Limited (Conquest) on 2 November 2011, and Conquest joined Evolution's tax consolidated group, a...
Evolution Mining FY26 results: record $1.389 billion cash flow, a net cash position and a fully unhedged gold and copper portfolio.
Evolution Mining Limited (CAHPF) Q4 2026 Earnings Call July 14, 2026 8:30 PM EDTCompany ParticipantsLawrie Conway - CEO, MD & DirectorMatthew O'Neill -...
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