InvestSMART

Evolution Mining Limited (ASX:EVN)

ALERT: Price-sensitive ASX Announcement for EVN
Current share price for EVN : $13.670 1.89 (16.04%)+
Announcement
Release
15 Jul 2026 8:27AM
Price at Release
$11.780
Full Release
download
Summary
The Evolution Mining Limited (ASX: EVN) June 2026 Quarterly Report highlights a strong financial and operational performance with a record FY26 group cash flow of $1,389 million and a net cash position of $1,347 million. The company produced 715koz of gold and 66kt of copper at a sector-leading All-In Sustaining Cost (AISC) of $1,717/oz, with the June quarter's production being 180koz of gold and 19kt of copper. The report emphasizes consistent production across its operations, with Ernest Henry and Mungari achieving significant production milestones. All high-return organic growth projects remain on schedule and budget, and the company is fully unhedged in its gold and copper portfolio. Inflation impacts are expected to influence FY27 AISC, but with strategic investments in fleet replacement and infrastructure, Evolution Mining plans to maintain its robust operational performance.
Key Points
  • Record FY26 group cash flow of $1,389 million.
  • Net cash position of $1,347 million with no debt repayments until FY29.
  • Produced 715koz of gold and 66kt of copper at AISC of $1,717/oz.
  • June quarter production: 180koz of gold and 19kt of copper.
  • All high-return organic growth projects on schedule and budget.
  • Ernest Henry and Mungari achieved significant production milestones.
  • Fully unhedged gold and copper portfolio.
  • FY27 outlook includes inflation impact on AISC and increased investment in fleet replacement and infrastructure.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.