Evolution Mining to acquire 80% stake in Northparkes copper-gold mine for US$475M

Evolution Mining has entered into a binding agreement to acquire an 80% interest in the Northparkes copper-gold mine in New South Wales from CMOC Group for up to US$475 million. The transaction is expected to close before the end of December 2023.

“Evolution Mining has entered into a binding agreement to acquire an 80% interest in the Northparkes copper-gold mine in New South Wales from China’s CMOC Group Ltd for a total cash consideration of up to US$475 million.”im-mining.com

• 1 source
• im-mining.comEvolution Mining bolsters copper with Northparkes acquisition as mine starts up surface ops - International MiningPaul MooreDec 5, 2023

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