EVN evolution mining limited

Nov 17 (Reuters) - Evolution Mining Ltd (EVN) : ENTERED INTO A...

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    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
 
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(20min delay)
Last
$9.33
Change
-0.575(5.81%)
Mkt cap ! $18.78B
Open High Low Value Volume
$9.80 $9.84 $9.11 $73.52M 7.852M

Buyers (Bids)

No. Vol. Price($)
19 14525 $9.32
 

Sellers (Offers)

Price($) Vol. No.
$9.33 35245 52
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Last trade - 15.43pm 15/09/2025 (20 minute delay) ?
EVN (ASX) Chart
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