Regis Resources (ASX:RRL) announced a preliminary business update for the March quarter, headlined by a substantial rise in its financial liquidity.
The gold miner reported a quarterly cash and bullion build of $198 million, a feat achieved even after fulfilling a $92 million tax obligation for the 2025 financial year in February.
The accumulation has propelled the company’s total cash and bullion balance to a formidable $1.128 billion as of March 31.
Regis maintained steady momentum with total group gold production reaching 90.6koz for the quarter.
The performance brings the financial year-to-date total to 277.5koz, positioning the company within striking distance of its full-year FY26 guidance of 350 – 380koz.
Production was supported by consistent output across its primary assets, with the Duketon operation contributing 57.5koz and Tropicana adding 33.1koz.
Despite the strong balance sheet, the company remains vigilant regarding external macroeconomic pressures.
Regis specifically noted the "significant uncertainty" surrounding Australia’s fuel supply stability.