By Rhiannon HoyleRegis Resources Ltd. said it expects lower gold output and higher operating costs after a wall slip at its Rosemont mine. The Australian miner said it will likely produce 420,000-475,000 troy ounces this fiscal year, down from an earlier estimate of 460,000-515,000 ounces. Regis said it now expects an all in sustaining cost of between 1,425 Australian dollars ($1,022) per ounce and A$1,500 an ounce, from A$1,290-A$1,365 an ounce previously.

Source: Wall Street Journal January 24, 2022 00:36 UTC