Evolution Mining granted approval for Cowal extension

Gold miner Evolution Mining has received approval from the New South Wales Department of Planning, Housing and Infrastructure on the Cowal gold operations’ open pit continuation.  A development consent was granted for the continuation of open-pit mining with extension of the E42 pit and subsequent development of three new open pits, and continuation of ore processing at a rate of…

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Evolution Mining obtains 80% stake in Northparkes

Evolution Mining said it has entered into a binding agreement to acquire an 80% interest in the Northparkes copper-gold mine in New South Wales, Australia, from CMOC Group. Sumitomo Metal Mining and Sumitomo Corp. will retain their 20% stake in the joint venture. “The acquisition of Northparkes represents a unique opportunity to add another quality asset to our portfolio, strengthening…

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