Regis Resources Ltd. has raised its production and cost guidance outlook for fiscal 2027, forecasting stronger gold volumes driven by an increased operational push at its Duketon project.
The company expects total group gold production to land between 360,000 and 400,000 ounces for fiscal 2027. This growth will be anchored by its Duketon operations in Western Australia, which are forecast to yield 240,000 to 270,000 ounces.
The higher output at Duketon, driven by expanded activity at the Garden Well and Rosemont mines, will comfortably offset a minor production easing at the Tropicana joint venture, where lower open-pit ore volumes at the Havana pit will necessitate a higher proportion of lower-grade stockpile feed.
Regis plans to leverage the strong gold price environment by processing lower-margin ore through excess mill capacity at Moolart Well.
The company notes that while this strategy introduces higher-cost ounces, it will significantly boost overall gold volumes and deliver superior total free cash flow without deferring production at its primary high-margin mills.
Group all-in sustaining costs (AISC) are forecast at AU$2,990 to AU$3,390 per ounce, reflecting higher assumed diesel prices of AU$1.35 per litre alongside AU$88 per ounce in non-cash stockpile movements.
To sustain this upward momentum, Regis has flagged a growth capital expenditure budget of AU$250 million to AU$270 million.
This capital will be heavily front-loaded into the first half of the financial year to fund the pre-stripping of several new open pits and advance the Rosemont Stage 3 underground project toward commercial production in late FY27.
Additionally, the miner has allocated AU$80 million to AU$90 million for exploration and AU$30 million to AU$35 million for the McPhillamys project ahead of a targeted final investment decision in early 2028.
Separately, Regis noted a post-period reconciliation timing error regarding 4,391 ounces of gold on hand at balance date.
While fiscal 2026 production remains unaffected, closing cash and bullion balances have been adjusted from AU$1.21 billion down to AU$1.18 billion.
