Regis Resources records $192 million impairment on McPhillamys gold project following rejection of Plibersek application
Almost all of the value that Regis Resources attributed to its New South Wales gold project was wiped out following a high-profile Section 10 ruling. The immediate financial impact was revealed Wednesday afternoon when Regis recorded a non-cash impairment of $192 million “against a significant portion of McPhillamys' book value.”