Evolution Mining Updates Securities Issuance
Evolution adjusts issued securities for Carnaby Resources acquisition scheme to 18.2 million shares, valued at AUD 218 million. Court approval remains pending by late November.
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Gold and copper mining company operating six mines
evolutionmining.comLast updated
In short: Evolution Mining posted record FY26 profit and cash flow, moved to net cash, and maintained FY27 guidance.
Evolution adjusts issued securities for Carnaby Resources acquisition scheme to 18.2 million shares, valued at AUD 218 million. Court approval remains pending by late November.
Group cash flow reached $185 million with AISC at $1,653/oz. Guidances are maintained and dividend paid.
The presentation outlines its high-margin portfolio, copper exposure, and FY27 production guidance for gold and copper at the ASX announcement.
The company pays approximately 2.6 million new shares to complete the transaction, positioning itself as the largest shareholder ahead of a November scheme implementation.
Mungari mill capacity increased to 4.2 million tonnes a year. Commercial production had already commenced before 2026. FY26 Mungari gold output reached 186,115 ounces. The...
Evolution Mining reported quarterly output of 154,000 ounces of gold and 18,000 tonnes of copper at an all-in sustaining cost ...
During the Scheme Meeting on Monday, 26 October 2026, shareholders of Carnaby Resources Limited voted on the resolution to approve Evolution Mining's proposed acquisition of...
Evolution Mining (EVN:ASX) posts record FY2026 results and FY2027 guidance on gold/copper output, low AISC, dividend and Northparkes growth—read now.
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