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Evolution Mining to Acquire Carnaby Resources for $213 Million, Boosting Copper Output at Ernest Henry

8:49am on Monday 27th of July, 2026 AEST Mining
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Evolution Mining to Acquire Carnaby Resources for $213 Million, Boosting Copper Output at Ernest Henry

8:49am on Monday 27th of July, 2026 AEST
Key Points
  • Acquisition valued at approximately $213 million
  • Greater Duchess Project adds potential 10ktpa copper production
  • Scheme offers 60.4% premium to Carnaby’s recent share price
  • Integration to leverage Ernest Henry’s processing capacity
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