en.Wedoany.com Reported - Australia's Bellevue Gold produced 143,500 ounces of gold in the 2025-26 financial year (FY26), with output in the upper half of the 130,000 to 150,000 ounce guidance range, while cash and gold holdings climbed to over A$200 million.

The Western Australian gold miner poured a total of 143,000 ounces of gold in FY26, with all-in sustaining costs falling within the guidance range of A$2,600 to A$2,900 per ounce.

The company's Bellevue gold project, located in Western Australia's Goldfields region, produced 41,643 ounces in the June quarter. The average ore grade for the quarter was 4.5 grams of gold per tonne, with metallurgical recovery rising to 96%.

As of the end of the quarter, development and ore haulage progress exceeded budget and forecasts. Surface ore stockpiles increased from 37,000 tonnes at the end of March to 47,000 tonnes on June 30, providing additional ore inventory for Bellevue as it enters FY27.

During the quarter, Bellevue also achieved first development ore production from the higher-grade Deacon North zone.

Before voluntary early delivery of future hedge commitments, underlying free cash flow reached approximately A$110 million. Cash and gold holdings increased by A$25.7 million during the quarter to A$206.4 million.

Bellevue accelerated early delivery against forward gold sales commitments, reducing its hedge book by 23,000 ounces to 68,650 ounces.

Over the full FY26 period, the miner reduced forward sales commitments by 83,000 ounces, a decline of 55%, while cash and gold holdings increased by approximately A$55 million. Bellevue currently has no contractual hedge delivery obligations until the end of June 2027.

Bellevue plans to continue early deliveries while steadily accumulating cash and funding exploration and capital projects, including the construction of a paste fill plant.