Mining

Regis Resources buys $688m stake in Anglogold’s Tropicana mine

Mining at Tropicana commenced in 2012 and first gold was produced in September 2013. Since then, over three million ounces have been produced from the open pit.

Gold production from Tropicana for FY20 was 463,118 ounces at a cash cost of A$806/oz and All-In Sustaining Cost of A$1,171/oz. Regis is targeting 355–380,000 ounce of gold production this year.

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