Record Low Injury Rate
Regis Resources reported a 12-month moving average lost time injury frequency rate of 0.4 million hours, significantly below the WA gold industry average of 2.2.
Strong Financial Performance
The company achieved a full-year production of 373,000 ounces of gold, hitting the top end of guidance, with strong margins due to an all-in sustaining cost at the bottom end of $2,531 per ounce.
Debt-Free Status
Regis Resources ended the year debt-free with cash and bullion increasing to $517 million, after repaying $300 million in debt.
Exploration Success
Significant exploration results at Rosemont confirmed extensions of high-grade mineralization, with intercepts like 0.5 meter at 114 grams per tonne.
Strategic Acquisition
The acquisition of the Southern Star Gold prospect aims to expand Regis Resources' organic growth pipeline.
Improved Operating Costs at Tropicana
Tropicana's all-in sustaining cost was lower than guidance by around $300 per ounce due to noncash stockpile adjustments.