Mining and Communities

Running head: MINING AND COMMUNITIES
Mining And Communities
Name
Affiliate Institution

MINING AND COMMUNITIES 2
Evolution Mining Limited
One of the biggest mining companies in Australia is the Evolution mining company. The company was
started in 2011 through the merger of Catalpa Resources limited and Conquest Mining limited. Following that
merger, the company has been through a spree of acquisitions that help it grow dynamically. First was the
acquisition of Newcrest Mining, and through this acquisition, the company gained the mining interests in the
Cracow and Mt Rawdon mines. Then it went ahead to the acquisition of Cowal and Mungari in July and August
2015 respectively, these acquisitions were reported in their full year report of 2018. Australia is one of the few
countries on the planet that has a vast deposit of mineral, both precious metal and crude oil. These large deposits
create an avenue for the spring up of several mining companies since there is plenty of space for everyone. It is
these companies that have enabled the unstoppable growth of Evolution Mining. The company itself has a
reputation for reliability and consistency even though they have been in business for only a short while. It has
managed to keep a reliable track of consistent achievement of production and cash cost guidance, They even
managed to win the NSW Mining Safety Excellence Award in 2017.
The main products of Evolution Mining are gold and copper. They operate major mines in Cowal, South
Wales; Mt Carlton, Mt Rawdon, and Cracow, all in Queensland; and Mungari in Western Australia. These
projects are currently running although the company also has economic interests in sites such as Ernest Henry in
Queensland. These projects deliver 100% of the gold, 30% of the copper and silver the company deals in. The
Ernest project is set to deliver 49% of gold, copper, and silver in the future. The size of the company is
determined by the size of projects it undertakes, in the financial year ended 2018, the company had produced a
total of 801,187 ounces of gold which sold at A$797 per ounce. And for the financial year 2019, they have a
projected production of 720,000 to 770,000 ounces that will cost between A$850 - A$900 per ounce of gold. It is
numbers like these that prove their reliability in production and cost guidance (Evolution Mining Ltd Investor
Day, 2017).

MINING AND COMMUNITIES 3
The company also doesn't hold back when it comes to community management. In fact, they came in as
runners-up for the Community Excellence Award of 2017. A brief description of the communities that surround
them would be that those communities are rural and away from any major cities. Evolution Mining prides itself
in being at the forefront of community outreach and even has stated in their website that their number one goal is
to have the communities at a better state for the simple reason of their existence in that particular area. They say,
according to Mactaggart et al., (2017), their desire is to leave a positive legacy. They have a community relations
policy and community principles that they use when they are integrating into a new community.
Given that the communities within which they operate are rural, they have tailored they interaction
procedures and guidelines to tend directly to that community. Like Bond, Barclay, and Pattenden (2013) state,
Evolution Mining has helped most of the communities that they operate within in different ways; local
sponsorship, for example, the Cowal sponsorship programme; donations and partnerships, training,
apprenticeship and scholarships, local employment and procurements. The company even formed a local emergy
response team to cater to emergencies like accidents or incidents. The company has also helped with education
in the areas they operate, for example, they partnered with Coolgardie Primary School to build a new sensory
play are and bush tucker garden both of which has greatly helped increase pupil's engagement. They also strive
to empower the youth through programmes like the WA Department of Sport & Recreation programme and The
Shire of Coolgardie, which along with the police, help hinder petty crimes and fight anti-social behavior
(Hongtao et al., 2017).
The company has formed a community outreach team which can be contacted at any time. This team is
comprised of select members of the communities that the company is operating. The main duties of this team are
to take feedback from the community about how the company is performing in regards to the community
standards; they also welcome any suggestions on areas they can improve upon to better serve the community.
The progress made by the company is reported in an annual community report that is released alongside the
annual financial report. One can confidently say that Evolution Mining cares for all the communities within
which they operate. In fact, the management tactics of Evolution Mining is so good that almost no community