What's Happening?
Redpath Mining has been awarded a significant five-year contract to manage underground mining operations at Evolution Mining's Cowal Gold Operations in New South Wales, Australia. The Cowal site, a major
open pit and underground gold mine, is a key asset for Evolution Mining, with operations expected to continue until 2042. Redpath is currently hiring for various roles as it prepares to ramp up operations in early 2026, transitioning to full-scale development and production by July 2026. The Cowal mine, which began commercial underground production in 2024, is set to increase its output to 2.4 million tonnes per annum by fiscal year 2026, significantly contributing to the company's gold production.
Why It's Important?
This contract highlights Redpath Mining's expanding role in the Australian mining sector, particularly in underground operations. The Cowal project is crucial for Evolution Mining, as it represents a cornerstone asset with a long operational life. The increased production capacity will enhance Evolution's gold output, potentially impacting global gold markets. Additionally, the project will create numerous job opportunities, contributing to the local economy. The transition from Perenti's Barminco to Redpath also indicates a shift in strategic partnerships within the mining industry.
