Regis Resources Limited (AU:RRL) has released an update.
Regis Resources Limited has reported a record operating cash flow of $475 million and gold sales of $1,263 million, despite a net loss after tax of $186 million for the fiscal year ending June 30, 2024. The company’s financial performance was marked by the impacts of a costly hedge book closure and impairments, particularly relating to the McPhillamys project. Looking ahead, Regis has approved the development of new underground mines and expects to produce 350-380koz of gold in the next fiscal year.
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