From the bunch of ASX listed companies, the ones still positioning for higher growth are the gold mining companies stocks. Two of such stocks are
Regis Resources Limited (ASX: RRL)
Regis Resources, a well-known ASX-listed gold producer with headquarters in Subiaco, Western Australia, is gradually becoming one of Australia’s leading underground gold miners. With its fully-owned Duketon Gold Project and a 30% stake in the Tropicana Gold Mine, it is strategically utilizing its superior assets to unlock long-term value. Once guided by mining entrepreneur Joseph Gutnick, the company is now focused on disciplined exploration and sustainable production leading to results.
As of 31 December 2024, Regis reported a solid Mineral Resource base of 7.5 million ounces of gold at a grade of 1.2g/t Au, supported by 1.7Moz in Ore Reserves. The company has a solid foundation for medium-term output because of these, which include 402 koz in the Proven category and 1,259 koz in the Probable category. The real story, however, is unfolding beneath the surface at Duketon, where Regis has grown underground Ore Reserves by 550% since 2019. In 2024, despite depletion of 103koz the company added 210koz , its fifth consecutive year of reserve growth, despite the depletion of 103koz. Regis now plans to operate at least four underground mines targeting annual production of 200–250koz from Duketon alone.
Even regulatory obstacles like the Section 10 declaration that led to the withdrawal of Ore Reserves at McPhillamys haven’t Slowed down Regis’ momentum, as the Mineral Resource remains intact. Financially, the company is on firm ground, with $238 million in cash and bullion, zero debt, and a strong operating margin supported by favourable gold prices and a Q3 FY25 AISC of US$1,643/oz. As Regis looks ahead to FY27, its target of 100–120koz/year from Garden Well Main and Rosemont Stage 3 doesn’t just look achievable — it looks inevitable.
Resolute Mining Limited (ASX: RSG)
Resolute Mining Signals Strong Shareholder Confidence and Growth Momentum. Resolute Mining Limited (ASX/LSE: RSG), at its recent Annual General Meeting held in Perth, saw overwhelmingly supported by shareholders by passing all resolutions by poll, demonstrating their strong faith in the company's leadership and direction.
Thomas May, the Joint Company Secretary, sincerely thanked shareholders for their trust. Resolute had a remarkable journey from its beginnings in Australia in 1983 to becoming a key player in Africa’s gold mining sector, which is a story of smart strategy and steady growth. With important assets like the Mako Gold Mine in Senegal and ongoing operations in Mali, RSG continues to build on a solid foundation.
The company has strategic focus on responsible mining, environmental stewardship and community engagement remains central to its operations.
RSG is focused to ethical mining practices, operational excellence, and a balanced portfolio expansion. By integrating cutting-edge technologies and upholding stringent governance standards, RSG is well-positioned to manage risks and take advantage of new opportunities. The strong support from shareholders provides a clear mandate to navigate the challenges and opportunities in the mining industry.
With a clear vision and united backing, Resolute Mining is in strong position to continue its growth journey while creating value for shareholders and communities alike.
(Source: Company Announcements)
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