Nov 17 (Reuters) - Evolution Mining Ltd (EVN) :
- ENTERED INTO A BINDING AGREEMENT WITH GLENCORE TO ACQUIRE 100% OF SHARES IN ERNEST HENRY MINING PTY
- AGREEMENT FOR TOTAL CONSIDERATION OF A$1 BILLION
- TRANSACTION WILL RESULT IN EVOLUTION'S COPPER PRODUCTION INCREASING
- DEAL TO BE FULLY FINANCED WITH LOW-COST DEBT
- FOR FY23 AND FY24, ANNUAL COPPER PRODUCTION WILL INCREASE BY 40KT TO APPROXIMATELY 60KT PER ANNUM
- ADDITION OF 100% OF ERNEST HENRY FROM 1 JAN 2022 INCREASES FY22 COPPER PRODUCTION GUIDANCE FOR ERNEST HENRY TO 34 - 38KT
- MATERIAL IMPROVEMENTS IN PRODUCTION AND COSTS ARE ANTICIPATED IN SECOND HALF OF FY22
- GROUP AISC OUTLOOK FOR FY23 AND FY24 IS A REDUCTION BY APPROXIMATELY A$190/OZ AND A$140/OZ RESPECTIVELY
News: EVN Evolution Mining Enters Binding Deal With Glencore To Acquire Ernest Henry Mining
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Last
$9.38 |
Change
-0.520(5.25%) |
Mkt cap ! $18.88B | |||
| Open | High | Low | Value | Volume |
| $9.80 | $9.84 | $9.11 | $97.24M | 10.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 120 | $9.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.40 | 41200 | 1 |
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| Last trade - 16.10pm 15/09/2025 (20 minute delay) ? |
| EVN (ASX) Chart |