Regis Resources: Increases production in Q4, downgrades FY22 guidance

Regis Resources Increases production in Q4, downgrades FY22 guidance

  • Regis Resources (RRL) announces an increase in gold production from its Duketon and Tropicana gold projects in Western Australia for the December quarter
  • The gold miner produced 108,281 ounces of gold at an all-in sustaining cost (AISC) of $1,530 per ounce, up from 101,989 ounces in the September quarter
  • Regis sold 136,057 ounces of gold for $313.4 million, up from 82,050 ounces sold for $178.7 million in the prior quarter
  • Total Regis group production guidance has decreased from 460,000-515,000 ounces to 420,000-475,000 ounces
  • RRL shares are trading 12.6 per cent lower
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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