Bellevue Gold (ASX: BGL) reported H1 FY26 (six months ended 31 December 2025) revenue from sale of gold of AUD 268.73 million. Profit after income tax was AUD 2.63 million, with basic earnings per share of 0.18 cents. Net cash flows from operating activities were AUD 116.33 million and cash and cash equivalents ended the period at AUD 165.07 million. Operationally, Bellevue Gold produced 61,151 oz and sold 61,575 oz in H1 FY26 at an average realised gold price of AUD 4,364/oz, with processed ore of 576,259 t at 3.4 g/t and a record recovery rate of 95.9%. Total mined tonnes were 566,960 t at 3.5 g/t. The company reported free cash flow of AUD 17.5 million and net mine cash flow of AUD 28.5 million for the half-year. Bellevue Gold said mine development advanced 8,999 m in H1 FY26 and noted processing plant improvements, including a fourth Knelson concentrator and increased oxygen delivery capacity. The company also approved construction of a new 120 m³/hr wet paste plant, with completion estimated by mid FY27. As at 31 December 2025, Bellevue Gold had committed forward hedging of 124,155 oz at an average hedge price of AUD 2,871/oz, and reported pre-delivering 22,120 oz into future hedge commitments during the period.

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