Regis builds cash and bullion to A$1.13bn after strong March quarter
Australian gold producer Regis Resources has reported a sharp increase in its cash and bullion position for the March quarter, underpinned by solid production and strong gold prices.
The company on Wednesday announced a A$198-million increase in cash and bullion during the quarter, lifting its total balance to A$1.128-billion at March 31, despite a A$92-million tax payment made in February.
Regis produced 90 600 oz of gold for the March quarter, bringing year-to-date output for the 2026 financial year to 277 500 oz.
Production was split between the Duketon operations in Western Australia, which delivered 57 500 oz for the quarter, and the Tropicana joint venture, which contributed 33 100 oz.
The company said it remained on track to meet its full-year production guidance of 350 000 oz to 380 000 oz.
Regis said further detail on costs, including all-in sustaining costs, would be provided in its full quarterly report scheduled for release on April 23.
FUEL SUPPLY RISKS
The company also noted uncertainty around Australia’s fuel supply stability but confirmed that its operations have not been impacted to date.
Regis said it sources fuel directly from major importers under committed supply contracts and is closely monitoring consumption levels, stockpiles and supply chains.
While there have been no material disruptions, the company said that any impact on costs or capital guidance would be disclosed in line with its continuous disclosure obligations.
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