
The theory of Evolution
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 said. “Our only…