PRECIOUS METALS

Regis looks to keep dividend crown as it grows to 600,000ozpa

Regis Resources remains well positioned to keep the foot down on higher mine development and exploration spending at its main Duketon production centre in Western Australia as it contemplates a plus-A$300 million capital outlay at the “game-changing” McPhillamys project in New South Wales, speeds early delivery of 400,000oz of gold hedges, and aims to keep strong dividends flowing.