Australia's Bellevue Gold rises on meeting target project run-rate

Bellevue Gold

29/01/2024 02:19

** Shares of Bellevue Gold  BGL.AX  rise as much as 5.4% to
A$1.365, their biggest gain since Dec. 14
    ** Explorer says Bellevue plant has achieved target run-rate
of 1Mtpa processing facility in Dec
    ** Adds, production guidance for 2H FY24 is 75,000-85,000oz
    ** About 5.2 mln shares change hands, compared with the
30-day average volume of 3.9 mln 
    ** Stock up ~48% last year

 (Reporting by Neha Soni)
 ((Neha.Soni@thomsonreuters.com))