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Regis Resources (Regis Resources) Cash Receipts from Deposits by Banks and Customers


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What is Regis Resources Cash Receipts from Deposits by Banks and Customers?

Cash Receipts from Deposits by Banks and Customers only applies to banks.


Regis Resources (Regis Resources) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Regis Resources Ltd (OTCPK:RGRNF) » Definitions » Cash Receipts from Deposits by Banks and Customers
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Address
516 Hay Street, Level 2, Subiaco, Perth, WA, AUS, 6008
Regis Resources Ltd is one of Australia's largest gold companies, producing around 437,309 ounces of gold per year. Cash costs are below the industry average. Operating mines are located in Western Australia, which brings relatively low sovereign risk. Management has a sound operating track record and an appropriate bias towards strong balance sheets and dividends; however, the gold price and new investments will be the primary arbiters of long-term returns. Development of the McPhillamys deposit in New South Wales, if approved, should add approximately two hundred thousand ounces of gold production a year in the medium term. The Company has three reportable segments which comprise the Duketon North Operations, and Duketon South Operations, Tropicana Gold Project.