https://newsletter.en.creamermedia.com
Business|Gold|Resources
Business|Gold|Resources
business|gold|resources

Regis builds cash amid record gold prices

10th October 2024

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

     

Font size: - +

Australian bullion miner Regis Resources has boosted its cash to A$380-million at the end of the September quarter, a build of A$85-million from the prior three months.

The increase follows a solid operational performance across the business, paired with record gold spot prices.

Since the closing of its legacy hedge book, Regis has increased its cash and bullion by A$225-million.

During the September quarter, the company produced 94 500 oz of gold, with the Duketon operation delivering 57 500 oz and the Tropicana joint venture (JV) 37 000 oz.

Regis noted that Tropicana, which is a JV with AngloGold Ashanti, managed to post a significant improvement on production from the weather-impacted prior quarters.

For the full year to June 30, 2025, Regis is guiding total output of 350 000 oz to 380 000 oz.

The company will publish its full September quarterly results on October 24.

Edited by Creamer Media Reporter

Comments

Showroom

Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 
Rentech
Rentech

Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 21 February 2025
Magazine round up | 21 February 2025
21st February 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.055 0.142s - 167pq - 2rq
Subscribe Now