Major Australia Gold Miner Evolution Is Eyeing More Copper Deals
A dump trucks drives down an access ramp at an Evolution Mining Ltd. facility in Mungari, Australia.
Photographer: Carla Gottgens/BloombergAustralia’s second-largest gold miner is looking to boost its exposure to copper, even after posting a record full-year profit following a surge in bullion prices.
“We’ve certainly got capacity to bring more copper assets in,” Evolution Mining Ltd. Chief Executive Officer Lawrie Conway said in an interview with Bloomberg TV on Wednesday. “We’ve got a little bit more optionality when we’re looking at what assets could be coming into play over the next couple of years.”