Regis Resources: Increases production in Q4, downgrades FY22 guidance

Regis Resources Increases production in Q4, downgrades FY22 guidance

• Regis Resources (RRL) announces an increase in gold production from its Duketon and Tropicana gold projects in Western Australia for the December quarter
• The gold miner produced 108,281 ounces of gold at an all-in sustaining cost (AISC) of $1,530 per ounce, up from 101,989 ounces in the September quarter
• Regis sold 136,057 ounces of gold for $313.4 million, up from 82,050 ounces sold for $178.7 million in the prior quarter
• Total Regis group production guidance has decreased from 460,000-515,000 ounces to 420,000-475,000 ounces
• RRL shares are trading 12.6 per cent lower