Mining in Australia is a significant primary industry and large contributor to the Australian economy. The value added by the mining industry in Australia amounted to approximately 187 billion Australian dollars in financial year 2019. Globally, gold is seen as a robust investment, with gold jewelry accounting for around half of the total global gold demand. The total gold production volume in Australia was around 328 metric tons in 2020. Unsurprisingly, gold is Australia’s fifth largest resource export by value. Historically, mining booms have encouraged many immigrants to move to Australia. In 2021, the gold mining industry was forecast to employ around 32,000 employees.
In the latest financial year, around 746 thousand ounces of gold were produced by Evolution Mining and its revenue amounted to almost two billion Australian dollars. Due to a track record of consistently achieving production and cash cost guidance, Evolution Mining has frequently been awarded accolades such as the NSW Mining Safety Excellence Award and Miner of the Year, awarded by the Australian Gold Mining Journal.