Bellevue Gold reaffirms FY26 guidance despite mine suspension
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The news: Bellevue Gold has reiterated its FY26 production guidance despite flagging delays to mine development at the end of the December quarter.
The numbers: The gold miner said it remains on track to meet full-year production guidance of 130,000 to 150,000 ounces.
The company's preliminary production and financial report for the December quarter showed that it had mined 37,000 ounces during the three-month period.
The context: Bellevue said production was restricted at the end of the quarter by one-off factors, including the suspension of underground development in the last week of December due to a safety incident.
Development activity did not resume until a detailed assessment was completed, the company said, delaying access to high-grade headings which were in production in the Deacon and Viago mine areas.
Underground development resumed on 4 January.
The source: ASX
