Regis posts record profit on higher gold price

ASX-listed gold miner Regis Resources has reported a record net profit after tax of A$93.4-million for the half-year ended December, on the back of increased gold prices.

During the interim period, Regis sold 183 807 oz of gold, down slightly from the 186 276 oz sold during the previous corresponding period, with prices increasing from $1 696/oz to $2 063/oz in the same period.