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Bellevue Gold Ltd new high-grade results point to more resources, extended mine life and enhanced production rate
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Bellevue Gold Ltd s latest high-grade results point to further growth beyond stage-2 feasibility study
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S&P/ASX 200 trades near flatline as Sydney lockdown gets extended for another two weeks
U.S. consumer prices have increased sharply amid supply constraints and a continued rebound in the costs of travel-related services. Spot gold was flat at US$1,806.07 per ounce on Wednesday.
S&P/ASX 200 (INDEXASX:XJO) has gained 0.093% to 7,339 points by about 1.40 pm as Sydney’s current lockdown conditions were extended for at least another two weeks to July 30.
Tech stocks were being dragged down by Afterpay (ASX:APT), which fell heavily after Bloomberg reported that Apple (NASDAQ:AAPL) plans to offer a competing buy-now pay-later product in partnership with Goldman Sachs (NYSE:GS).
Bellevue Gold weighs up overwhelming response to debt funding call for high-grade gold project
The belle of the WA Goldfields has garnered strong attention, with 12 indicative debt financing proposals already received. Twelve financiers have put their hands up to provide debt funding for the Bellevue Gold Project.
Bellevue Gold’s (ASX:BGL) search for debt funding is off to a strong start with multiple financiers throwing their hat into the ring to fund the high-grade, high-margin Bellevue Gold Project in WA.
So far, 12 financial suitors have submitted indicative debt financing proposals via debt advisor Orimco Pty Ltd, outlining ways they intend to fund the ASX-lister’s namesake gold play, with the response described by BGL as being overwhelmingly strong .
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