Earnings call transcript: Regis Resources posts strong cash flow in Q1 2026

Regis Resources reported strong financial performance for the first quarter of FY2026, delivering robust cash flow and a higher cash and bullion balance despite weather disruptions. The gold miner generated 83,000 ounces of production, earning AUD 265 million in operating cash inflow and generating AUD 454 million from gold sales.

This quarter's cash and bullion balance rose by AUD 93 million to AUD 1.28 billion. Management affirmed the company's production guidance for FY2027, ranging between 360,000 to 400,000 ounces and AISC from AUD 2,990 to AUD 3,390 per ounce. Heavy rain during September disrupted open-pit mining, which reduced head grade and necessitated the use of low-grade stockpiles.

However, operations managed to perform as planned despite the weather impact. The miner also highlighted its safety record, with the 12-month moving average lost time injury frequency rate falling to zero.