Regis Resources Gold Production Slipped in September Quarter; Full-Year Guidance Remains Unchanged

  • Oct 29, 2019 AEDT
  • Team Kalkine

Regis Resources Limited (ASX: RRL) reports the operational and financial performance for the quarter ended 30 September 2019.

  • The gold production for the September 2019 quarter stood at 87,633 ounces, down by over 3.65 per cent against the previous quarter.
  • The pre-royalty cash cost for the quarter declined by 3.68 per cent to stand at $914 per ounce; however, all-in sustaining cost (or AISC) surged by 3.78 per cent to stand at $1,234 per ounce.
  • The company kept the full-year production and AISC guidance unchanged at 340,000-370,000 ounces of gold and $1,125-$1,195 per ounce.
  • Cash and bullion at the end of the quarter was at $147.4 million post distributing $40.7 million dividends and spending $20 million to increase the company’s landholdings at the Duketon Greenstone Belt by threefold along with other expenditures.


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