Regis Resources Announces Stronger Production Outlook, Lifting FY27 Guidance

Regis Resources is developing through the increase of gold output, investments in new projects, exploration activities and strong financial standing.

Regis Resources Limited (ASX: RRL)

Regis Resources Limited (ASX: RRL), on 17 July 2026, shared its FY27 production and cost plans. The company supposes to produce 360,000–400,000 ounces of gold with Duketon contributing 240,000–270,000 ounces and Tropicana contributing 120,000–130,000 ounces. The anticipated AISC cost is between $2,990 and $3,390 per ounce. Regis plans to spend $250–$270M on growth projects with work at Duketon and Tropicana. It also plans to invest $80–$90 million in the exploration activities and $30–$35 million on the McPhillamys project.

17 July 2026 – Duketon and Tropicana Operating Outlook

At Duketon, Regis plans to use additional mill capacity at Moolart Well to process lower margin but profitable ounces while continuing higher margin production from the Garden Well and Rosemont mills. This strategy is expected to increase gold output and support stronger free cash flow in the current gold price environment.

Duketon production is expected to rise compared with FY26, with output weighted more towards the second half of FY27 due to higher production from Garden Well and Rosemont. AISC guidance includes higher diesel cost assumptions and the inclusion of BuckWell ounces. At Tropicana, production is expected to reduce slightly year on year due to lower open pit ore from Havana and a greater use of lower grade stockpile material. The company has assumed a Duketon diesel price of $1.35 per litre, with AISC sensitivity of around $25 per ounce for every 10 cents per litre movement in diesel prices.

Growth Projects and Future Investment Plans

Duketon growth capital includes the ongoing development of the Rosemont Stage 3 underground project, which is expected to begin commercial production in late FY27. The spending also covers pre-strip activities for new open pits that are expected to increase production in the second half of FY27. Around two-thirds of this growth capital is expected to be spent in the first half of the financial year. At Tropicana, higher growth capital guidance reflects continued Havana underground pre-production development as the project moves closer to commercial production. Regis also plans increased exploration spending due to opportunities identified across its exploration portfolio. Additional McPhillamys project spending is planned to support requirements for a Final Investment Decision targeted for the first half of calendar year 2028.

Vault Minerals Merger Update

On 13 July 2026, Regis Resources said it will not come up with an improved bid for Vault Minerals after Genesis Minerals put forward an improved proposal on the acquisition of Vault. Regis concluded that bidding for the acquisition of Vault was not a good move as it would not bring enough value to its shareholders. In this way, Vault will most probably end up terminating its relationship with Regis, which is to mean that Regis will receive a break fee amounting to about A$50.7 million from Vault. The company remains in a strong financial position with no debt, $1.2 billion in cash and bullion, robust operating cash flow and future growth strategies together with the McPhillamys gold project.

(Source: Company Report)