Evolution Mining

Evolution Mining delivered an adjusted record EBITDA of AUD 3.2 billion and an adjusted net profit after tax of AUD 1.6 billion for fiscal year 2026. The company raised the full-year dividend to AUD 0.41 per share (final dividend AUD 0.21) and increased its payout target to 60% of group cash flow. Evolution ended the year with AUD 1.4 billion in cash and expects gold production of 660,000–730,000 ounces for FY2027 with higher AISC of AUD 1,795–1,995/oz; management continues to highlight strong cash‑flow potential but cites higher costs and seasonal production shifts as risks. » Mere på de.investing.com

Evolution Mining will invest C$12 million via a non‑brokered private placement to acquire just over 15 million units of Arizona Gold & Silver at C$0.80 per unit, taking an approximate 9.9% non‑diluted stake; each unit includes one common share and half a warrant exercisable at C$1 for three years. Arizona Gold & Silver will use at least 90% (~C$10.8 million) of the proceeds to accelerate drilling and exploration at the Philadelphia Gold‑Silver Project, prioritizing expansion of the Perry Zone, testing the three‑kilometre Arabian Fault corridor, evaluating beneath Red Hills and advancing hyperspectral targets. Upon closing, Evolution will receive investor rights including pro rata participation and top‑up rights, the ability to nominate one board member or appoint an observer, advisory committee participation and a first right of refusal on sales of a 10%+ interest in the project. » Mere på finance.yahoo.com

At the Diggers & Dealers forum, Evolution Mining reported record cash flow of AUD 1.4 billion in fiscal 2026 after reinvestments of AUD 1.1 billion and reiterated a dividend policy of 50% of free cash flow. Management cited sustained high margins (AUD 2,000/oz gold), a threefold production increase over 10 years and a 43% rise in reserves per share. Core projects Ernest Henry, Northparkes and Cowal are expected to deliver returns above 18%; copper transactions (including the takeover of Carnaby Resources and completion of the Mungari expansion) offer additional cash‑flow upside at current prices. The portfolio is positioned for robust returns across different price scenarios and benefits from long‑term trends such as deglobalization and increased central bank gold purchases. » Mere på de.investing.com

Evolution Mining reports an operating cash flow of 406 million AUD for Q3 2026 and a net cash position of over 40 million AUD. Gold production was 170,000 ounces, copper production 11,000 tonnes, and the AISC guidance for 2026 was improved by 6% (1,640–1,760 AUD/ounce). After the results the share rose 7.35% to 13.19 AUD; management expects further cash‑flow growth and is focusing investments on growth projects. Risks remain weather‑related disruptions, cost pressures and market volatility. » Mere på de.investing.com

Evolution Mining posted an underlying after‑tax profit of AUD 785m in the first half of 2026 (+104%), a record EBITDA of AUD 1.6bn (EBITDA margin 57%) and group cash flow of AUD 608m (+123%). Gold production was 365,000 oz, copper 36,000 t, and AISC AUD 1,493/oz; full‑year guidance is 710,000–780,000 oz of gold and 70,000–80,000 t of copper. Net debt fell to AUD 362m, liquidity stands at AUD 967m, and the company will pay a record interim dividend of 20 cents; major planned projects include the Block‑Cave E22 project and the Bert project at Ernest Henry. » Mere på de.investing.com