Regis Resources
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Regis Resources is an Australian-based,
Australian Securities Exchange Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as ...
-listed (ASX)
gold Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile met ...
producer and explorer based in Subiaco,
Western Australia Western Australia (commonly abbreviated as WA) is a state of Australia occupying the western percent of the land area of Australia excluding external territories. It is bounded by the Indian Ocean to the north and west, the Southern Ocean to th ...
. The company's main assets are the fully-owned Duketon Gold Project and a 30 percent share in the
Tropicana Gold Mine The Tropicana Gold Mine is located 330 km northeast of Kalgoorlie, Western Australia.
, both located in Western Australia. From 1987 to 2004, Australian businessman and mining industry entrepreneur
Joseph Gutnick Joseph Isaac "Diamond Joe" Gutnick (born June 1952; he, יוסף יצחק הכהן גוטניק) is an Australian businessman, mining industry entrepreneur and the former president of the Melbourne Football Club(1996-2001). He is also an ordain ...
served as a director of the company, at times also filling the role of chairman and managing director.


History

The company was established on 12 May 1986 as Johnson’s Well Mining NL and listed on the
Australian Securities Exchange Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as ...
on 19 February 1987. Australian businessman and mining industry entrepreneur
Joseph Gutnick Joseph Isaac "Diamond Joe" Gutnick (born June 1952; he, יוסף יצחק הכהן גוטניק) is an Australian businessman, mining industry entrepreneur and the former president of the Melbourne Football Club(1996-2001). He is also an ordain ...
served as a director of the company from 1987, later taking on the role of managing director and chairman, which he held until August 2004, when he resigned from all board positions. As part of this leadership change, Gutnick also relinquished some of the company's depth as well as reducing his stake in the company from 65 percent to below 20. The company initially focused on gold exploration in the Yalgoo area of Western Australia before shifting its attention to the area around Duketon after an acquisition of tenements there in 1994. The Duketon area, also historically mined, was considered underexplored. On 31 August 2004, Johnson’s Well Mining NL was renamed to Regis Resources NL, which the latter eventually changing to Regis Resources Limited on 23 January 2008. In mid-2005, in order to further the Moolart Well development,
Newmont Newmont Corporation is a gold mining company based in Greenwood Village, Colorado, United States. It is the world's largest gold mining corporation. Incorporated in 1921, it owns gold mines in Nevada, Colorado, Ontario, Quebec, Mexico, the Domin ...
took up a 47 percent interest in Regis, replacing Joseph Gutnick as the main shareholder in the company, whose share went from 42 to 20 percent. Newmont eventually sold the final 20 percent of this stake in March 2016. In 2010, construction of the first mine of the Duketon Gold Project, the Moolart Well Gold Mine commenced and completed in 2011, followed by the Garden Well Gold Mine in 2012 and the Rosemont Gold Mine in 2013. In May 2021, Regis Resources acquired a 30 percent stake in the
Tropicana Gold Mine The Tropicana Gold Mine is located 330 km northeast of Kalgoorlie, Western Australia.
from IGO Limited for A$903 million, with the remaining 70 percent held by
AngloGold Ashanti AngloGold Ashanti Limited is a global gold mining company. It was formed in 2004 by the merger of AngloGold and the Ashanti Goldfields Corporation. It is now a global gold producer with 21 operations on four continents. The company is listed ...
.


Production

Annual production of the company since commencement in 2010–11:


References


External links

*
MINEDEX website: Regis Resources Ltd
Database of the
Department of Mines, Industry Regulation and Safety The Department of Mines, Industry Regulation and Safety is a department of the Government of Western Australia. The department was formed on 1 July 2017, out of the former Department of Mines and Petroleum and Department of Commerce. A restr ...
{{S&P/ASX 200 Gold mining companies of Australia Companies listed on the Australian Securities Exchange Gold mining in Western Australia Companies based in Western Australia 1986 establishments in Australia