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Financial|Gold|Resources
Financial|Gold|Resources
financial|gold|resources

Regis denies talks over Tropicana buyout

20th August 2025

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

     

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Perth-based gold miner Regis Resources has dismissed speculation over a possible acquisition of its joint venture (JV) partner AngloGold Ashanti’s 70% stake in the Tropicana gold mine, saying it is not in advanced negotiations.

The Australian Financial Review on Wednesday suggested that Regis was considering buying the remainder of the Tropicana JV. While acknowledging that it “regularly assesses acquisition opportunities based on various factors", Regis stated that any deal would only proceed if strategically aligned and accretive for shareholders.

“Regis regularly assesses acquisition opportunities based on various factors and will only elect to proceed if the acquisition aligns with strategic goals and is assessed to be accretive for shareholders. Regis confirms that it is not in advanced discussions with respect to any specific opportunity.”

Tropicana, located 330 km east-northeast of Kalgoorlie, is a significant asset for Regis, contributing through its 30% non-operative JV interest alongside AngloGold Ashanti, which operates the mine. 

Edited by Creamer Media Reporter

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