20 years of gold at Cowal – and counting

20 years of impact in the Central West

Two decades ago, a stretch of Wiradjuri land in Central West New South Wales poured its first bar of gold.

Since then, the Cowal Gold Operations have produced more than five million ounces, created thousands of jobs, and helped power the growth of local communities.

This month, Evolution Mining celebrated 20 years of Cowal with a look back on what’s been achieved – and a look forward to what’s next.

A story of people and place

Behind every ounce of gold are the people who make it happen. Nearly 500 employees, many from nearby towns, call Cowal their workplace. The mine has become a source of stability for families, with careers spanning apprenticeships, trades, and leadership roles.

It’s also a story tied deeply to place. The milestone ceremony began with a Wiradjuri Welcome to Country, recognising the Traditional Owners who continue to shape Cowal’s journey. Partnerships with the Wiradjuri Condobolin Corporation, local councils and schools highlight the mine’s role beyond the pit – as a partner in education, culture, and opportunity.

Evolution Mining’s Managing Director and CEO, Lawrie Conway, said the milestone was a tribute to the strength of those partnerships.

“We would not be here today without the contribution and commitment of our team members, community stakeholders, Traditional Owners, government agencies, and local councils, he said.

“Over the last ten years we have produced 2.6 million ounces of gold and paid over $200 million in royalties. Last year alone we spent more than $200 million regionally.”

Economic impact that stays local

Cowal’s contribution can be felt across the Central West. The mine has generated royalties for the state, employment for regional families, and opportunities for local contractors and suppliers.

NSW Minister for Natural Resources, Courtney Houssos, said the impact was far-reaching.

“The Cowal mine has created thousands of jobs, injected billions into the economy, and provided ongoing support to community programs and projects across the Central West,” she said.

“The NSW Government strongly supports Evolution Mining’s vision for Cowal and the extension of the mine’s life to 2042.”

With approvals in place to extend Cowal’s operations well into the next two decades, Evolution is focused on continuing its legacy of responsible mining.

Conway said the future is about balancing production with people and place.

“Cowal is adding significant economic value and creating positive social outcomes for Central West NSW,” he said.

“Our vision is to continue to do that – sustainably, respectfully, and in partnership with the communities around us.”

For GIG and our members, milestones like Cowal’s 20 years show the lasting contribution of gold mining in Australia. Beyond ounces produced, it’s about sustainable investment, regional partnerships, and building a future that communities can share in.