Evolution Mining Limited (ASX: EVN)

Evolution Mining Limited is an Australia-based gold mining company. The Company operates five wholly owned mines, namely Cowal in New South Wales, Ernest Henry and Mt Rawdon in Queensland, Mungari in Western Australia, Red Lake in Ontario, Canada and an 80% share of Northparkes in New South Wales.

The Cowal operation is an open pit gold operation located approximately 350 kilometers (km) west of Sydney. The Cowal operation is situated within the Bland Shire. The Mungari operation is located approximately 600 km east of Perth and 20 km west of Kalgoorlie in Western Australia. The Mt Rawdon Operation is located approximately 75 km south-west of Bundaberg, Queensland.

The Ernest Henry copper-gold operation is located approximately 38 km north-east of Cloncurry, Queensland. The Red Lake operation is an underground gold mine in northwestern Ontario and is situated in one of the highest-grade Archean gold camps in Canada. Northparkes is a copper-gold mine located 27 kms north-west of Parkes.

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REVENUE IN AUD (TTM)

3.22bn

NET INCOME IN AUD

422.27m

Year on year Evolution Mining Ltd grew revenues 44.41% from 2.23bn to 3.22bn while net income improved 158.26% from 163.51m to 422.27m.