Evander’s underground turnaround delivers 68% production growth

Production rose to 46,855oz as high-grade underground development at 8 Shaft advances.

Evander production increased 68% to 46,855oz in FY26 (FY25: 27,829oz), with underground recovered grade rising to 11g/t (FY25: 6.8g/t). The sub-vertical hoisting shaft is operating at design capacity, and development is advancing toward the 24 Level A-Raise line, with drilling confirming a down-dip extension of the high-grade Kimberley Reef into 25 Level.

 

Evander provides grade leverage within the Group’s diversified portfolio, and the current production profile excludes further potential upside from 26 Level and the Egoli project resources. For investors evaluating underground execution risk, FY26 shows materially improved stability, stronger volumes and clearer visibility into further upside.

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