November 28, 2022

Donalds Hobby

World Finance Reviews

Bellevue Gold Ltd appoints former Northern Star finance executive as chief financial officer

Bellevue’s MD says that incoming CFO Guy Moore’s “thorough knowledge of the ASX-listed gold sector will also be particularly relevant as we move towards production and cashflow and his understanding of bullion products will enable him to play a central role in helping us achieve our goal of producing and marketing carbon-neutral gold.”

Bellevue Gold Ltd (ASX:BGL) has appointed former Northern Star Resources senior finance professional, Guy Moore, as its chief financial officer, effective in early April.

Moore is a chartered accountant with more than 20 years’ experience in financial management, treasury activities, cost reporting and mergers and acquisitions.

Most recently, Moore held the position of general manager of finance at Northern Star, where he led a team of approximately 40 people.

In this role Moore was instrumental in post-acquisition and divestment activities involved in the company’s 50% acquisition of KCGM, its merger with Saracen Mineral Holdings, the acquisition of Newmont’s Kalgoorlie Power business and divestment of Northern Star’s Kundana assets.

Transitioning into carbon-neutral gold

Bellevue managing director Steve Parsons said Moore brought a wealth of skills and experience to the company.

“With development of our Bellevue project underway, Guy’s extensive experience in financial management and reporting will be highly valuable,” Parsons said.

“His thorough knowledge of the ASX-listed gold sector will also be particularly relevant as we move towards production and cashflow and his understanding of bullion products will enable him to play a central role in helping us achieve our goal of producing and marketing carbon-neutral gold.”

As previously announced, executive director and CFO Michael Naylor will transition to a non-executive director role.

Read: Bellevue Gold on hunt for new chief financial officer as Michael Naylor transitions to non-executive director

Bellevue non-executive chair Kevin Tomlinson thanked Naylor for his service to the company.

“On behalf of the board, I would like to thank Mike for the vital role he played in Bellevue’s rapid growth from a small explorer to an emerging Western Australian gold producer,” Tomlinson said.

“We are delighted that the company will continue to benefit from his experience and in-depth knowledge of our project as he moves into a non-executive director role.”

About Bellevue Gold

Bellevue Gold is advancing the historical Bellevue Gold Mine in Western Australia, a site that was once one of Australia’s highest-grade gold mines, producing 800,000 ounces at 15 g/t gold from 1986 to 1997.

The company has a resource of 3 million ounces at 9.9 g/t gold, including an indicated resource of 1.4 million ounces at 11 g/t, making it one of the highest-grade undeveloped gold discoveries in the world.

Bellevue hopes to join Australia’s fleet of gold producers in 2022.