https://newsletter.mw.creamermedia.com
Financial|generation|Gold|Resources
Financial|generation|Gold|Resources
financial|generation|gold|resources

Regis repays A$300m term loan ahead of schedule

16th January 2025

By: Creamer Media Reporter

     

Font size: - +

Midtier gold miner Regis Resources has announced the early and full repayment of its A$300-million syndicated loan facility, originally scheduled to mature on June 30.

The company used its existing cash reserves to settle the loan, citing its robust financial position and strategic capital management approach.

At the end of December 2024, Regis held a cash and bullion balance of A$529-million. The strong financial standing, combined with anticipated cash generation and a desire to avoid potential interest costs, prompted the decision to repay the loan ahead of its maturity date.

Regis is also in negotiations to establish a revolving credit facility, which will provide additional financial flexibility and liquidity. The miner expects to finalise negotiations for the facility in the coming weeks.

“The early repayment of our A$300-million loan facility has been enabled by the consistent delivery of our plan over an extended period, resulting in a very strong cash and bullion position. We continue to work to finalise the establishment of a revolving credit facility, which is a cost effective and prudent capital management outcome that will provide the company with sufficient flexibility and liquidity to pursue our organic and inorganic growth objectives,” commented Regis CFO Anthony Rechichi.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

M and J Mining
M and J Mining

M and J Mining are leading suppliers of physical support systems as used by the underground mining industry. Our selection of products are not...

VISIT SHOWROOM 
ESAB showroom image
ESAB South Africa

ESAB South Arica, the leading supplier of high-end welding and cutting products to the Southern African industrial market is based in...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (31/10/2025)
31st October 2025 By: Martin Creamer
G20Lens analysis, Glencore, Harmony Gold make headlines
G20Lens analysis, Glencore, Harmony Gold make headlines
31st October 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.182 0.259s - 127pq - 2rq
Subscribe Now