Australia's Bellevue Gold rises as high-grade mining area delivers first ore output

Bellevue Gold

19/05/2026 01:22

** Shares of Australia's Bellevue Gold BGL.AX rise as much as 3.3% to A$1.560, their best trading session since May 12

** The gold miner says the first ore from the high-grade Deacon North area was delivered on schedule

** Adds that development will continue for the remainder of 2026, eventually ramping up throughout 2027

** Company says Deacon will be the key source of high-grade material in 2027

** Stock down nearly 8% this year, including the day's move

 (Reporting by Rajasik Mukherjee in Bengaluru)

 ((Rajasik.Mukherjee@thomsonreuters.com))