Why ASX 200 gold stocks Regis Resources and Newmont are grabbing headlines on Friday

ASX gold mining giants Newmont and Regis Resources released key updates on Friday.

| More on:

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

S&P/ASX 200 Index (ASX: XJO) gold stocks Regis Resources Ltd (ASX: RRL) and Newmont Corp (ASX: NEM) are making headlines today following the release of strong quarterly results.

Despite those results, both miners are trading in the red today amid escalating attacks in the Middle East.

Newmont shares are down 0.1% at the time of writing, trading for $136.71 apiece, while Regis Resources shares are down a steeper 4.7% at $6.05 each.

For some context, the ASX 200 is down 0.4% at this time, while the S&P/ASX All Ordinaries Gold Index (ASX: XGD) is down 2.9%. Gold is currently trading for US$4,049 per ounce, according to data from Bloomberg.

Now here's what the gold mining giants just reported.

gold, gold miner, gold discovery, gold nugget, gold price,

Image source: Getty Images

Newmont shares slide despite earnings leap

Newmont reported a big earnings boost for the June quarter, with higher realised gold prices offsetting a decline in production.

Over the three months, the ASX 200 gold stock produced 1.2 million ounces of the yellow metal, down 14.3% year on year.

But with the average realised gold price Newmont received rising to US$4,414 per ounce, quarterly sales of US$6.12 billion were up 15.1% year on year.

As for the earnings boost, the miner reported adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of $3.76 billion, up 25% from the June quarter of 2025.

This also translated to higher free cash flow, which came in at US$5.35 billion for the half year, up 83%.

Also on the rise were costs. The company's all-in sustaining costs (AISC) of US$1,938 per ounce in the June quarter were up 21.7% from last year.

ASX 200 gold stock Regis Resources amasses record cash and gold hoard

For the June quarter, Regis Resources reported gold production of 101,500 ounces. That brings the miner's full-year FY 2026 gold production to 379,000 ounces.

Regis' AISC for FY 2026 came out to $2,945 per ounce.

Over the three months to 30 June, the ASX 200 gold stock sold 102,400 ounces of the yellow metal, receiving an average realised price of $6,241 per ounce. Regis achieved an operating cash flow of $376 million.

The company also notched a new record, reporting an all-time high cash and bullion holding of $1.18 billion as at 30 June.

Commenting on the results, Regis Resources CEO Jim Beyer said, "The June quarter capped off a very strong year for Regis, with both Duketon and Tropicana finishing FY26 well."

He added:

Group gold production of 101,500 ounces for the quarter lifted full year production to 379,000 ounces, the top end of our guidance range. And, importantly, we again delivered safely and within all of our material guided group cost and capital measures.

Looking to what could impact Regis Resources shares in the year ahead, Beyer concluded, "We see this strong production performance continue into FY27 with further improvement reflected in our higher production guidance."

The ASX 200 gold stock provided FY 2026 gold production guidance between 360,000 ounces and 400,000 ounces.

Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Gold

Stacked gold bricks.
Broker Notes

Up 83%! 4 reasons I'd still buy this $8 billion ASX 200 gold stock today

A leading expert forecasts more outperformance from this surging ASX gold stock.

Read more »

Stacked gold bricks.
Gold

How high will the gold price go this year, according to RBC Capital Markets?

Global uncertainty should spell gains for the precious metal.

Read more »

Gold nugget in a miner's hand amid black rocks.
Gold

This exciting ASX 300 stock has 89% upside: Broker

This gold producer is set to explode.

Read more »

Stacked gold bricks.
Gold

ASX gold shares have surged 34% in a month. Morgan Stanley says this could come next

Gold miners could have another big tailwind ahead.

Read more »

Gold bullion leaning on a stack of gold ingots.
Gold

ASX gold shares soared 34% in August. Is the run over?

A 34% month, then a sharp reversal.

Read more »

CEO leading a board meeting.
Gold

Northern Star shares slide 5% as investors digest another surprise

Investors have another development to weigh up this week.

Read more »

Businessman planning and analysing investment data.
Earnings Results

Kingsgate Consolidated posts record FY2026 earnings

NPAT jumps 843% and a dividend is declared on record gold and silver production.

Read more »

A bearded man holds both arms up diagonally and points with his index fingers to the sky with a thrilled look on his face.
Gold

Why this ASX gold-copper stock could rocket 90%

Bell Potter has good things to say about this up and coming stock.

Read more »