Evolution Mining (“Evolution” or the “Company”) confirmed recently it advised employees at its Cowal Gold Operation (“Cowal”) near West Wyalong in NSW of an organisational restructure necessary to support the long-term future of the mine.
Evolution acquired Cowal in July 2015, and has since undertaken a careful review of the organisational structure as part of its overall development strategy to unlock the mine’s future potential. Evolution has implemented a new organisational structure which will streamline site management and eliminate role duplication to empower staff, promote collaboration
between departments and enable more effective decision making.
An important outcome of the restructure is the creation of a new Planning and
Development Team entirely focussed on building Cowal’s future and extending the current Life of Mine. This team will be built predominantly by moving existing employees into newly created roles.
The current Life of Mine at Cowal considers closure of the mine in 2024. To
continue operating beyond this date, Evolution needs to secure the necessary environmental approvals and demonstrate the economic viability of expansion options.
Realising new levels of efficiency at the mine will become pivotal to the viability of these expansion options. The restructure incorporates changes
to the senior level of the organisation, decentralisation of the maintenance department, and the creation of an Environment & Social Responsibility (ESR) team which will leverage opportunities for collaboration between the Environment and Community Relations functions.
As a result, a number of roles will become redundant under the new structure. Evolution is aware of the impact that redundancies may have on individuals, their families and the broader community and is committed to supporting those affected through the transition.