Evolution boss on the ground at Ernest Henry

Evolution Mining executive chairman Jake Klein has reinforced the company's commitment to extending the mine life at Ernest Henry in a visit to the Cloncurry copper-gold site. It follows the completion of the acquisition of Ernest Henry by the Australian gold miner on January 6. “This year marks the 25-year anniversary since the operation was officially opened on 22 October 1997 and we’re committed to extending the life of mine and realising the true potential of this world-class ore body,” Mr Klein said. The $1 billion purchase of the world-class asset from Glencore comes after Evolution acquired an economic interest in Ernest Henry in November 2016 via joint ventures that delivered 100 percent of future gold and 30 percent of future copper and silver produced within an agreed life of mine area. “We know this asset well since our successful initial investment in 2016 and are delighted to now be the owner and operator of this iconic asset which is once again 100 per cent Australian owned," Mr Klein said. “One of the key attractions for us was the respect we have for the high quality team on site.” Mr Klein personally welcomed onsite personnel to the Evolution Mining family, met with the Ernest Henry site leadership team and toured the surface and underground operations. Mr Klein also met with the Cloncurry Shire Council Mayor Greg Campbell and chief executive officer Phil Keirle, before unveiling a plaque to celebrate and commemorate the acquisition of Ernest Henry by Evolution Mining. Cloncurry Shire Council chief executive officer Phil Keirle, Evolution chairman Jake Klein, Cloncurry Mayor Greg Campbell, and Ernest Henry Operations general manager Aaron Harrison. Cr Campbell was optimistic about Evolution Mining’s involvement in the region. “We see Evolution’s further investment in Ernest Henry Mine as a great sign of confidence in the future of mining and the strength and opportunity the Cloncurry area provides,” he said. “It is pleasing to have a commitment from the Executive management team that all current arrangements will be maintained. “We will continue to work together to build on good outcomes for local employment and business opportunities. Ernest Henry general manager Aaron Harrison said the transition to Evolution ownership was progressing well. “Our workforce is excited to be part of the Evolution family as there is a great deal of alignment between Evolution and our Ernest Henry culture and values and we plan to continue our strong record of community engagement and involvement,” Mr Harrison said.

Evolution boss on the ground at Ernest Henry

Industry Queensland

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