Regis smashes records

REGIS Resources’ Duketon operation has had its best-ever quarter, leading to record cashflow.

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Duketon produced 92,113 ounces of gold, the third consecutive quarterly record.

That led to record quarterly cashflow generation from operations of $83.8 million.

All-in sustaining costs were slightly lower at A$861 an ounce, and well below guidance of $940-1010/oz.

Regis executive chairman Mark Clark described the quarter as “fantastic” on a call to investors this morning.

Gold production for the first half was 184,034oz at AISC of $858, putting the company well on track to achieve the mid to upper range of full-year guidance of 335,000-365,000oz at the lower end of cost guidance.

The company continued its strong exploration push during the quarte...