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Bellevue Gold Limited ( (AU:BGL) ) has issued an announcement.
Bellevue Gold Limited has reported strong grade control drilling results and record stope tonnages, which support its production guidance for the second half of the fiscal year 2025. The company is on track to meet its production target of approximately 90,000 ounces of gold by June 2025, with mining set to progress into higher-grade areas. This development is expected to drive a ramp-up in production rates, ultimately achieving an annualized rate of 200,000 ounces. The company’s strategic focus on high-grade underground mining, coupled with significant infrastructure investments, positions Bellevue Gold for sustained growth and increased production capabilities.
More about Bellevue Gold Limited
Bellevue Gold Limited is an Australian company operating in the gold mining industry, primarily focusing on underground gold exploration and production. It is listed on the Australian Securities Exchange under the ticker BGL and aims to develop large-scale gold mining operations.
YTD Price Performance: -0.44%
Average Trading Volume: 8,128,447
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$1.44B
For detailed information about BGL stock, go to TipRanks’ Stock Analysis page.
