June 2026 Quarterly Report

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Stock Evolution Mining Ltd (EVN.ASX)
Release Time 15 Jul 2026, 8:27 a.m.
Price Sensitive Yes
 Evolution Mining Ltd June 2026 Quarterly Report
Key Points
  • FY26 Group guidance delivered, record cash flow, net cash, and fully unhedged
  • FY26 Group production of 715koz gold and 66kt copper at a sector-leading AISC of $1,717/oz
  • Record FY26 Group cash flow of $1,389M, at a high-margin of $1,958/oz
  • Maintained net cash position with a cash balance of $1,347M
  • All high-return organic growth projects on schedule and budget
Full Summary

Evolution Mining Ltd reported its June 2026 Quarterly Report, delivering on FY26 Group guidance with record cash flow, net cash, and a fully unhedged position. The company produced 715koz of gold and 66kt of copper at a sector-leading AISC of $1,717/oz for the full year. The June quarter saw production of 180koz of gold and 19kt of copper at an improved AISC of $1,706/oz. The company achieved a record FY26 Group cash flow of $1,389M at a high margin of $1,958/oz. Evolution maintained a net cash position with a cash balance of $1,347M, fully unhedged. All high-return organic growth projects remain on schedule and budget, including the Cowal Open Pit Continuation (OPC) and development projects at Northparkes and Ernest Henry.

Guidance

FY27 Guidance will be issued with the FY26 Financial Results on 19 August 2026

Outlook

FY27 outlook includes no material changes to production capacity, expected inflation impact of 4-5% on AISC, additional investment in fleet replacement and infrastructure, and higher mine development expected.