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Regis Resources Limited ( (AU:RRL) ) just unveiled an update.
Regis Resources has announced a significant increase in their underground ore reserves at the Tropicana Gold Mine, with nearly one million ounces of gold added since 2018. This growth reflects the company’s successful exploration activities and strong pipeline of development opportunities, positioning Tropicana as a world-class asset. The updated mineral resources and ore reserves, as of December 2024, are expected to support strong cash flows for over a decade, maintaining confidence in the mine’s longevity and profitability.
More about Regis Resources Limited
Regis Resources Limited is a company operating in the mining industry, with a focus on gold exploration and production. The company is involved in the Tropicana Gold Mine, which is a joint venture where they hold a 30% stake. Their primary products are gold ore reserves and mineral resources, and their market focus is on the continuous growth and development of these reserves, particularly in the underground sector.
YTD Price Performance: 40.0%
Average Trading Volume: 8,134
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.51B
For a thorough assessment of RRL stock, go to TipRanks’ Stock Analysis page.
