- Regis Resources (RRL) clocks record gold production of more than 450,000 ounces for FY23
- The record production comes from both its Duketon and Tropicana mines in WA
- At Duketon, the company reported annual production of 327,300 ounces of gold, while at Tropicana, it produced 131,100 ounces for FY23
- Cash and bullion together have netted the company $39 million in the June quarter alone
- Regis shares last traded at $1.92
Regis Resources (RRL) has reported record annual gold production of 458,345 ounces of gold for the 2023 financial year.
The guidance-matching yield comes from both its Duketon and Tropicana mines, respectively. The company earlier forecasted it would produce between 450,000 and 500,000 ounces of gold for FY23.
“With commercial production declared at both Garden Well underground (Duketon) and Havana open pit (Tropicana) we have commenced [production,]” RRL CEO Jim Beyer said.
At Duketon, the company reported annual production of 327,300 ounces of gold, while at Tropicana, it produced 131,100 ounces for FY23.
Cash and bullion together have netted the company $39 million in the June quarter alone while total cash and bullion sits at $243 million as of June 30.
Regis Resources expects to release its June quarter report later this month.
Regis shares last traded at $1.92.