Miner Bellevue Gold jumps on deal with peer Genesis Minerals

Bellevue Gold

05/07/2023 02:01

** Shares of Australia's Bellevue Gold  BGL.AX  rise as much
as 5.6% to A$1.42 - highest since May 5
    ** Miner signs an agreement with a unit of peer Genesis
Minerals  GMD.AX  under which the latter will process material
from co's gold mine, predominantly from the Vanguard open pit
    ** Says agreement will enable BGL to generate early cash
flow for September quarter
    ** Shares of GMD down 0.4%
    ** BGL has risen 19.0% this year, as of last close 

 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Rishav.Chatterjee@thomsonreuters.com;))