Regis Resources reports a 20% growth in total Group gold production in June 2022 quarter

Regis Resources Limited (ASX: RRL) has provided a production update for the June quarter 2022. The Company reported a 20% increase in the total Group gold production to a quarterly record of 123.9koz. Duketon gold production improved 24% to 92.8koz and Tropicana gold production 10% to 31.1koz.

The overall annual gold production was 437koz and  is in line with FY2022 production guidance of 420koz-475koz plus an increase of 17% on FY2021 annual production. The improved production performance over the June quarter delivered a rise in the cash and bullion balance of AU$60 million to AU$227 million at 30 June 2022, which was AU$167 million by the end of 31 March 2022.

At AEST 11:09 AM, RRL shares is trading at AU$1.600, up 10.344% from the previous close. 

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