Regis Resources Targets Up to 395,000 Ounces Annual Gold Production by 2028

MT Newswires Live
18 Jun

Regis Resources (ASX:RRL) plans to deliver between 200,000 ounces and 250,000 ounces of gold production from its Duketown gold project and between 130,000 ounces and 145,000 ounces of gold from its Tropicana gold project by the fiscal year 2028, according to a Wednesday Australian bourse filing.

Between the current fiscal year to fiscal year 2027, the company plans to ramp up the third underground mine in its Duketown project and grow to at least four underground mines as it aims to enhance core production through opportunistic, cash-positive ounces while maintaining a rolling reserve replacement approach.

In its Tropicana project, the company aims to ramp up the Havana open pit, reduce waste movement from the current fiscal year, and progress the development of the Havana underground mine before fiscal year 2027.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10