Regis Resources Limited (AU:RRL) has released an update.
Regis Resources Limited showcased a robust financial performance in the last quarter, with a record cash and bullion build of $109 million, driven by strong gold prices and recovery from extreme weather. The company is advancing its underground-centric strategy with development in Duketon and Tropicana, where underground reserves growth is consistently outpacing depletion. Additionally, the McPhillamys project is set to bolster the company’s growth, being one of Australia’s largest undeveloped open pit gold projects with promising financial and operational prospects.
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