Evolution Mining

Evolution Mining owns and operates six gold operations. Three of the operations are located in Queensland, Australia, one in New South Wales and two in Western Australia. Evolution Mining’s diversified portfolio combining production and growth has made it become the second largest ASX listed gold miner. The focus of Evolution Mining is on operating its projects safely and efficiently and developing them to their full potential. Evolution Mining has a 100% interest in its projects which are located in very prospective regions. In addition Evolution holds an economic interest in Ernest Henry, in Queensland, that will deliver 100% of future gold and 30% of future copper and silver produced from an agreed life of mine area. Outside of the life of mine area Evolution will have a 49% interest in future copper, gold and silver production from Ernest Henry. At December 2015, Evolution Mining’s global Ore Reserves were 6.76 million ounces of gold and Mineral Resources were 15.87 million ounces of gold. Group gold production for FY16 totalled 803,476 ounces at an All-in Sustaining Cost of A$1,014 per ounce. Evolution has guided FY17 Group gold production of 800,000 – 860,000 ounces at an All-in Sustaining Cost of A$900 – A$960 per ounce.

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