Tag: ernest henry

All images: Evolution Mining.   BY ELIZABETH FABRI   AUSTRALIA'S second largest gold miner Evolution Mining’s rise through the ranks over the last seven years has been no fluke. The mid-tier miner’s core strategy -- or ‘religion’ as it puts it -- is to incessantly improve its portfolio by strategically buying and selling assets, building a business that can prosper through all stages of the cycle.   Since its founding in 2011 through the merger of Catalpa Resources and Conquest Mining, Evolution Mining has grown a $50 million business into a $3.7 billion heavyweight. “We started the journey some seven years ago – at that time we were a six-person company with no production,” Evolution Mining executive chairman Jake Klein...

After completing a $589 million upgrade Glencore’s Ernest Henry Mining, has continued its support for local and regional projects near its operations. By Cameron Drummond ERNEST HENRY is a copper and gold mining and processing operation 38km north east of Cloncurry in north-west Queensland. The mine is a part of Glencore’s portfolio of Australian copper assets which includes the Mount Isa Mines copper operations, a copper refinery in Townsville and the CSA underground copper mine near Cobar, NSW. Mined copper and gold at Ernest Henry is processed at its on-site concentrator then transported to Glencore’s Mount Isa copper smelter and refined at the Townsville refinery, ready to be delivered to domestic and overseas customers. In its 2015 annual report, Glencore earnings before taxes, depreciation...