Here you are.. i dont think they'll mind..Evolution a...

Here you are.. i dont think they'll mind..

Evolution a potentialEvolution Mininghighlights Key cost drivers (1H23)ST3.116266%62020Employee labour Contract labourMaintenance parts Reagents Power DieselRoyalties Explosives OtherCumulative dividends (Sm)12001000 800Josy00732600400. 200459FY14 FYISFY20 FY21 EYIS FY19 FY13 FY16 FY22 IH23With Ramelius Resources trumping a Westgold bid for Musgrave Minerals, and Wyloo completing its Mincor Resources takeover, the mergers and acquisitions market in Western Australia is abuzz with activity,But the question some are asking is what's next? There are market expertspointing to Evolution Mining as the next candidate for corporate activity.It's no secret that Evolution Mining, which has previously used Treadstone Partners as its adviser, has been scouting the market for takeover targets. Evolution's management has already made this known toinvestors. But some are now narrowing down the prospects, with expectations that a bid for Gold Road Resources or De Grey Mining could be on its agenda.The company is known to be keen to grow by snapping up production houses cheaply Gold Road Resources owns 19.9 per cent of De Grey Mining While De Grey's market value is $2.15bn, Gold Road Resourcesis worth $1.72bn. Evolution Mining has a $6bn market value and it has previously told investors that it has had between six and eight assets it has been targeting The value buyer likes targetsin Australia and North America It is understood that various parties have been running the ruler over De Grey over in the past year, including Agnico Eagle and Barrick Gold.Its mining deposit is of a particularly high grade, with its main focus being the Mallina Gold Project in WA's Pilbara, capable of producing 10.6 million ounces of gold.There's also been prolonged speculation about a merger between Gold Road Resources and De Grey, but Gold Road, would need to do a scrip deal and would be unlikely to be in the same league of competition as a cash buyer.Gold Road counts the Gruyere Gold Mine in WA as its main asset, which it jointly owns with Gold FieldsThe theme playing out in the sector is that while the gold price is high, it will be the strongest gold miners that survive, with rising labour and other costs meaning the economics for some mining projects no longer stack up when it comes to groups$3.39Evolution Mining closed up 6c4.003.503.002.502.0015020222023Source: The company, ASXPwneeding to build expensiveplants.A buyout by Genesis Minerals was seen as the saving factor for gold miner St Barbara, which is under pressure from its lenders.Meanwhile, Westgold told the market on Tuesday that it did not plan offer scrip offer of one Westgold share for every 5.37 Musgrave shares after Ramelius came forward with a competing $201m cash-and-scrip offer on Monday that was recommended by the target's board.It came as Andrew Forrest's Wyloo was revealed to have gained 88 per cent in Minor,2 per cent away from 90 per cent, which results in compulsory acquisition under takeover laws.