Gold, News, Regis Resources

Tick of approval for Havana

Austral gold

Regis Resources has received approval to develop the Havana underground pit within the Tropicana gold project in Western Australia.

The Havana underground project will be an extension to the current operations at Tropicana, delivering incremental ore to supplement mill throughput and increase production.

Gold production is set to commence in the third quarter of the 2026–27 financial year (FY27), and will continue over a three-year life of mine.

When in production, Havana will be the third underground mine at Tropicana, which Regis says provides further evidence that gold mineralisation across Tropicana continues at depth.

“The approval of the Havana underground project is further demonstration of the underground growth optionality across Tropicana,” Regis managing director and chief executive officer Jim Beyer said.

“Tropicana has consistently replaced underground ore reserves at levels beyond depletion, and the approval to develop the Havana underground project provides us with further confidence in the long-term future of Tropicana’s underground growth.

“It also demonstrates the positive impact any additional underground growth can have on value.”

Tropicana is a joint venture between Regis (30 per cent) and AngloGold Ashanti (70 per cent).

The Tropicana discovery was made in 2005, with discoveries made at Havana in 2006. FY25 growth capital guidance for Tropicana is now $10 million–$15 million.

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