Australia's Regis Resources hits 1-month low on flagging higher annual costs
17/07/2026 02:29
BUZZ-Australia's Regis Resources hits 1-month low on flagging higher annual costs ** Shares of Regis Resources RRL.AX fall as much as 11.5% to A$5.45, their lowest since June 11
** Stock logs the largest intraday pct drop since late October 2025
** Gold producer expects FY27 all-in sustaining costs of A$2,990-A$3,390/oz vs FY26 guidance of A$2,610-A$2,990/oz
** Says higher costs reflect increased diesel price assumptions at its Duketon mine
** Also sees FY27 production at 360koz-400koz vs FY26 unaudited production of 379koz
** Regis to report Q4 production on July 24
** Gold prices fell 2% overnight as escalating Middle East tensions pushed oil prices and U.S. Treasury yields higher, heightening inflation concerns GOL/
** Regis down 24.9% YTD, including the day's moves
(Reporting by Nikita Maria Jino in Bengaluru)
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