Regis Resources has received ministerial approval for its acquisition of IGO’s 30 per cent interest in the Tropicana gold mine in Western Australia.
Regis Resources has set itself for a strong year of development, as both the McPhillamys and Garden Well gold projects continued towards becoming operational over the past quarter.
AngloGold Ashanti has supported IGO’s decision to sell its 30 per cent interest in the Tropicana joint venture project in Western Australia to Regis Resources.
Regis Resources has inked an agreement with IGO to purchase the latter’s 30 per cent interest in the Tropicana gold mine in Western Australia.
Regis Resources hopes to commence construction at the McPhillamys gold project in New South Wales during the second half of the year.
Keep up with the latest executive movements across the mining sector, including at Regis Resources, AuStar Gold, Vango Mining and more.
Regis Resources is set to develop an underground mine under the Garden Well open pit in Western Australia after receiving board approval and completing a positive feasibility study (FS).
Australia’s mid-tier mining companies have outperformed the remainder of the mining sector in 2020, according to statistics from Pricewaterhouse Coopers (PwC).
Regis Resources’ progress at the McPhillamys gold project in New South Wales remains on track, with responses to development applications expected to be completed by the middle of this year.
Regis Resources has had a solid finish to the December quarter, producing 90,849 ounces of gold at the Duketon gold project in Western Australia’s Laverton region.
Regis Resources’ full year gold production guidance remains unchanged at 340,000 to 370,000 ounces, despite a slight drop in output during the September quarter.
Regis Resources has acquired 35 Western Australian gold tenements from Duketon Mining for $25 million, increasing its landholding by 2000 square kilometres.
Gold miner Regis Resources says it expects a roughly 10 per cent increase to its current production levels by the 2022 financial year after announcing record annual production on Tuesday.
Regis Resources has submitted the development application and environmental impact statement to the New South Wales department of planning and industry (DPI) for its McPhillamys gold project.
St Barbara managing director and CEO Bob Vassie says that the company’s upcoming takeover of Canadian company Atlantic Gold “ticks all the boxes” for St Barbara’s strategy.
Regis Resources has started development of its underground Rosemont gold site with an aim to achieving first ore in the September quarter of 2019.
Ausdrill has won a series of mining services contracts in Western Australia worth $171 million, including underground work with Regis Resources via last year’s acquisition, Barminco.
Gold miner Regis Resources has withdrawn a takeover offer for Pilbara-focused Capricorn Metals due to a lack of support from the target’s largest shareholder.
Gold miner Regis Resources has confirmed its interest in acquiring explorer and developer Capricorn Metals.
Regis Resources has received board approval to expand its Rosemont operation. An underground mining operation will be developed directly below the current open pit next year.