Regis Resources (RRL) Noosa Mining Conference 2026 summary

Strategic and operational highlights

• Achieved strong operational performance in FY26 with gold production of 379koz, reaching the top end of guidance and maintaining all other metrics within guidance.

• Cash and bullion increased to approximately $1.2 billion, with $667 million added after dividends and tax over the year.

• Paid fully franked dividends totaling ~$152 million and $156 million in tax during FY26, with a cumulative ~$700 million returned to shareholders since 2013.

• Maintained a debt-free balance sheet and continued disciplined capital allocation, balancing growth investment and shareholder returns.

• FY27 guidance targets group production of 360-400koz at an AISC of $2,990–$3,390/oz, with significant growth capital and exploration budgets allocated.

Resource growth and exploration

• Group Mineral Resources increased 10% year-on-year to 8.3Moz, and Mineral Reserves rose 20% to 2.0Moz, with total group reserves at 3.9Moz.

• Ongoing exploration success at Duketon, including new discoveries and consistent reserve replacement, with a focus on expanding underground capacity.

• Beamish South Resource (250koz) declared, and Garden Well mineralisation confirmed 500m down plunge of current resources.

• Ben Hur project identified as the next potential underground mine, with an initial underground resource of 240koz and an exploration target of 300–550koz.

• Tropicana underground reserves increased 169% since 2018, with ongoing exploration to extend mineralisation and regional exploration targeting satellite resources.

Project development and growth initiatives

• BuckWell Open Pit at Duketon North adds 251koz in reserves, delivering incremental value with a $268M pre-tax NPV and 127% IRR at consensus gold prices.

• McPhillamys project PFS confirms a robust 1.9Moz reserve, with a $2.1 billion NPV, 21.8% IRR, and average annual production of 190koz over 10 years.

• Alternative tailings strategy developed for McPhillamys, with ongoing judicial review of Section 10 Declaration and contingency plans in place.

• Discovery Ridge and Kings Plains near McPhillamys show significant exploration potential, supporting future resource growth.

• Continued focus on organic growth through exploration pipeline, new open pit and underground reserves, and opportunistic ounces to maximise cash generation.