Regis resources confirms strong FY25 performance, growth strategy

Regis Resources Limited's annual general meeting on November 21, 2025, confirmed robust FY25 financial results and shareholder support for key resolutions. Shareholders approved the remuneration report, re-election of Fiona Morgan, the incentive plan, and the issue of performance rights to Jim Beyer and other executives. The company reported record FY25 revenue of $1,647M, cash and bullion of $517M, operating cash flow of $821M, EBITDA of $780M, and NPAT of $254M, declaring a 5 cps fully franked dividend.

The company continues its strategic delivery plan, focusing on sustainable and profitable ounces from current assets. Duketon is set to ramp up its third underground mine, aiming for 200-250koz, while Tropicana plans to ramp up Havana open pit and progress underground development for 125-145koz. Exploration efforts are ongoing, with a notable Buckingham-Wellington Open Pit Probable Ore Reserve of 8.8Mt at 0.89g/t Au for 251koz.

Regis issued FY26 guidance projecting group production of 350-380 koz at an AISC of $2,610–2,990. Growth capital is forecast at $220-235M, with exploration budgeted for $50-60M and McPhillamys for $10-20M. The company remains unhedged and debt-free, with a strong cash position and a pipeline of near-term underground growth targets.