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    Bellevue Gold production growth: grade, recovery and stope insights for engineers

    January 21, 2026|

    Reviewed by Joe Ashwell

    Bellevue Gold production growth: grade, recovery and stope insights for engineers

    First reported on Australian Mining

    30 Second Briefing

    Bellevue Gold lifted December quarter production to 37,338oz at its Western Australian Bellevue project, up from 27,338oz in the September quarter, driven by higher mined grades averaging 7.1g/t gold. The company processed 176,000 tonnes of ore through the 1Mtpa nameplate plant, with recoveries reported at 96 per cent as underground stoping ramped up across the Armand, Deacon and Bellevue lodes. Management reaffirmed guidance of 75,000–85,000oz for the June 2024 half-year, signalling continued optimisation of stope sequencing and grade control.

    Technical Brief

    • Ramp-up of stoping implies increasing reliance on backfill, ground support performance and dilution control.
    • High-grade underground ore drives tighter stope design, narrower mining widths and stricter overbreak management.
    • Consistently high metallurgical recoveries reduce pressure on cut-off grade and marginal ore stockpiling strategies.

    Our Take

    Bellevue Gold’s growth story adds to a cluster of Australian gold producers in our database that, like Vault Minerals in the December 2025 quarter piece, are increasingly leveraged to spot Australian dollar gold prices rather than relying heavily on hedging, which can amplify both upside and cash flow volatility.

    Within the 700 Mining stories and 223 gold-keyword pieces in our coverage, Bellevue Gold stands out as one of the newer high-grade Australian projects moving from development into sustained production, which typically commands a premium cost position compared with the lower-grade, bulk-tonnage operations that dominate many older assets.

    For Australian gold projects such as Bellevue, maintaining high grades is strategically important as local operating costs and labour constraints have been recurring themes in our gold coverage, meaning grade-driven margins can be a key buffer against cost inflation and potential currency swings.

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    Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.

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