- In November 2021, Evolution Mining, an Australian gold mining company, purchased Ernest Henry Mining from Glencore for A$1 billion, including A$800 million at the transaction's closing and a further A$200 million payable 12 months later. With this acquisition, Evolution gains full ownership and operational control of the copper-gold mine, as well as a copper concentrate offtake agreement and a separate ore tolling agreement with Glencore. Glencore plc is a multinational commodity trading and mining company based in the United Kingdom and Switzerland.



