Regis flags $280m in impairments

Shares slip as gold miner holds full-year production steady, volatile prices weigh.

Shares in Regis Resources (RRL) have fallen after it reported steady full-year production but flagged a pre-tax impairment charge in the range of $230 million to $280m due to the declining gold price. 

At 10.50am (AEST), Regis shares were 3.05% lower at $1.75, against a benchmark index lift of 0.19%. Regis shares earlier fell as low as $1.68.

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