https://newsletter.en.creamermedia.com
Exploration|Flow|Gold|Mining|PROJECT|Flow
Exploration|Flow|Gold|Mining|PROJECT|Flow
exploration|flow-company|gold|mining|project|flow-industry-term

Bellevue SPP fails to draw crowds

28th August 2024

By: Creamer Media Reporter

     

Font size: - +

Gold company Bellevue on Wednesday announced the closure of its share purchase plan (SPP), which fell significantly short of the miner’s target of A$25-million.

The mining company managed to raise A$837 364 from the SPP.

The company recently raised A$150-million in a discounted share placement.

The funds raised will be used to repay debt, unlocking project-free cash flow to allow Bellevue to self-fund expansion in line with its updated five-year growth plan, and to support accelerated exploration and growth.

The company successfully delivered the Bellevue gold project from discovery to production in under six years, with commercial production achieved in May.

Edited by Creamer Media Reporter

Comments

Research Reports

Showroom

Multotec
Multotec

Multotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 13 September 2024
Magazine round up | 13 September 2024
13th September 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:5.517 5.609s - 192pq - 2rq
Subscribe Now