Regis lifts 2027 production guidance
Having met the top-end of its yearly guidance for 2026 and as it advances an underground development project, ASX-listed Regis Resources has increased its 2027 yearly production guidance to between 360 000 oz and 400 000 oz.
The company's 2026 production came to 379 000 oz - just shy of the year's top-end guidance of 380 000 oz.
The gold producer operates primarily through its Duketon project and the Tropicana joint venture in Western Australia.
At Duketon, Regis continues to take advantage of the strong gold price environment by using excess mill capacity at Moolart Well to include lower-margin ounces without deferring higher-margin production from the Garden Well and Rosemont mills. This approach increases gold production and will deliver more free cashflow.
Regis says Duketon gold production for 2027 is expected to be higher, particularly in the second half of the year, owing to higher production from Garden Well and Rosemont. Duketon is expected to produce between 240 000 oz and 270 000 oz in the new financial year.
At Tropicana, production guidance is slightly lower for the new year owing to lower-grade stockpile mill feed. The mine is expected to produce between 120 000 oz and 130 000 oz.
Regis intends to spend between $235-million and $245-million on Duketon in the new financial year, including for the development of the Rosemont Stage 3 underground project, which is expected to enter commercial production late in the 2027 financial year. It also includes pre-strip works on several new openpits that will be ramping up production, also late in the 2027 financial year.
Tropicana's growth capital guidance of between $15-million and $25-million reflects ongoing pre-production development activities as the Havana underground area approaches commercial production.
The company will also spend about $30-million on the McPhillamys project to deliver a final investment decision during the first half of the 2028 calendar year.
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