Regis to spend up to A$150m on two new underground gold mines

Gold miner Regis Resources on Monday announced it would develop two new underground mines that are forecast to deliver between 100 000 oz/y and and 120 000 oz/y from 2027. Developing the Garden Well Main and Rosemont Stage 3 mines would boost the Duketon gold project, in Western Australia, and formed part of the company’s underground growth strategy, said MD and CEO Jim Beyer.