Regis Resources (RRL) Q2 2026 earnings summary

Executive summary

• Delivered strong operational and financial performance in the December quarter FY 2026, with record cash generation and consistent safety and production results at Duketon and Tropicana.

• Group gold production reached 96,600 ounces at an AISC of AUD 2,839/oz, with disciplined cost control and advancement of key underground development and exploration programs.

• Fully franked dividend of AUD 0.05 per share paid, totaling AUD 38 million, reflecting confidence in sustainable cash flows and prudent capital management.

• Maintained robust balance sheet with AUD 930 million in cash and bullion at quarter-end.

Financial highlights

• Gold sales totaled just under 100,000 ounces at an average realized price of AUD 6,436/oz, generating AUD 641 million in revenue.

• Operating cash flow for the quarter was AUD 419 million, with AUD 231 million from Duketon and AUD 188 million from Tropicana.

• Cash and bullion increased by AUD 255 million during the quarter, after dividend payments and ongoing investments.

• Capital expenditure totaled AUD 115 million, including significant investment in underground development and early works at Buckwell.

Outlook and guidance

• FY26 production guidance remains at 350–380koz, with AISC guidance of AUD 2,610–2,990/oz.

• Increased FY 2026 exploration guidance by AUD 20 million to a range of AUD 70–80 million, driven by positive drilling results and new targets.

• Growth capital guidance for FY26 is AUD 220–235 million.

• Formal capital allocation policy to be released with half-year results in February, guiding future shareholder returns.

• Duketon North (Buckwell/Buckingham-Wellington) expected to extend production through at least FY 2031, adding significant reserves and production flexibility.