# Evolution Mining to acquire Ernest Henry copper-gold mine from Glencore for A$1B

Evolution Mining has entered into a binding agreement to acquire Glencore's 100% interest in Ernest Henry Mining, owner of the Ernest Henry copper-gold mine in Queensland, Australia, for A$1 billion.

- Type: Acquisition
- Announced: 2021-11-17
- Where: Queensland, Australia
- Value: $730.0M (1.00B AUD)
- Status: announced
- Products: copper concentrate, gold
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Glencore](https://endata.com/companies/22952.md) (partner)
- [Evolution Mining](https://endata.com/companies/26722.md) (acquirer)
- [Ernest Henry Mining](https://endata.com/companies/59074.md) (target)

## Sources

- [glencore.com](https://www.glencore.com/media-and-insights/news/Evolution-Mining-to-acquire-Ernest-Henry-Mining-from-Glencore), 2021-11-17: "Glencore and Evolution Mining Limited have entered into a binding agreement for the sale and purchase of Glencore’s 100% interest in Ernest Henry Mining Pty Ltd."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.