BREAKING NEWS: Evolution Mining Ltd (ASX: EVN) has just reported a record net mine cash flow of $366 million for the September 2025 quarter, igniting investor interest. The company’s cash balance surged to $780 million, underscoring its robust financial health amid soaring gold and copper prices.
In an impressive performance, Evolution Mining’s operating mine cash flow reached $676 million for the quarter. Gold production hit 174,000 ounces, complemented by 18,000 tonnes of copper output, marking a significant achievement in the mining sector. The company recorded a sector-leading all-in sustaining cost (AISC) of $1,724 per ounce, reflecting operational efficiency.
KEY FINANCIAL DETAILS:
– Record net mine cash flow: $366 million, nearly 20% increase from previous record
– Cash balance: $780 million
– Debt repayment: $170 million, reducing gearing to 11%
This stellar performance comes on the heels of successful scheduled maintenance at the Cowal and Ernest Henry operations, with all mines generating positive net cash flow. Notably, the Mungari mill project accomplished its commissioning under budget, leading to a remarkable 48% increase in processing throughput.
Northparkes and Red Lake also set new records for net mine cash flow, as Evolution Mining continues to benefit from favorable commodity prices. The company is on track to maintain its full-year production and cost guidance, which is crucial for investors looking for stability amid fluctuating market conditions.
MANAGEMENT INSIGHTS:
Managing Director and CEO shared,
“Our operations continue to safely and reliably deliver to plan and we are on track to deliver our full-year guidance. We are generating significant cash flow, enabling further financial deleveraging and our gearing improved to 11%.”
He emphasized the excellent safety performance as a vital factor in operational success and confirmed that major capital projects are advancing as scheduled.
WHAT’S NEXT?
Evolution Mining is poised for continued growth, with no debt repayments due until FY29. The company plans to sustain or improve cash flow if commodity prices remain favorable. The Mungari operation is expected to achieve commercial production in October, and ongoing investments at Cowal and Ernest Henry will support future output.
As Evolution Mining shares have soared 144% over the past year, significantly outperforming the S&P/ASX 200 Index, investors are keenly watching the company’s next moves. The mining giant’s commitment to operational safety and efficiency remains a top priority, ensuring that it continues to thrive in a competitive landscape.
Stay tuned for more updates as Evolution Mining continues to navigate the dynamic mining sector. This latest financial triumph positions the company favorably for the future and keeps investor enthusiasm high.
