Beament beaming as Develop seeks Bellevue contract

Bellevue Gold

The Bellevue Gold operation in Western Australia. Image: Bellevue Gold

Develop, formerly Venturex Resources, has initiated its underground services division and has been invited to tender for a mining contract at Bellevue Gold’s namesake project in Western Australia.

The contract would align both companies’ values in greener mining practices, as Bellevue recently announced its goal to become carbon neutral by 2026.

Develop managing director Bill Beament said the underground services division is taking shape as it looked to align with the next major producer in Australian gold mining.

“We have quickly built an exceptional team, many of whom have worked together at some of the most successful and productive mines and companies across Australia,” Beament said.

“We are delighted to be given the opportunity to tender for the mining contract at Bellevue, which is clearly on the path to joining this list of world-class WA projects.”

Beament left his position as chairman at Northern Star Resources in February before heading straight for a substantial holding in Venturex.

He has since rebranded the company, announcing a name and direction change to Develop at the Diggers & Dealers mining forum in Kalgoorlie, Western Australia.

He used the forum in August to announce that Develop would use its flagship asset of underground mining expertise to produce clean metals for a decarbonised mining industry.

This expertise included executives from a range of companies including Northern Star Resources, Detour Gold (now known as Kirkland Lake Gold), BCI Minerals, and Asciano (formerly owned by freight company Toll Holdings).

Beament said he was confident in the team’s ability to draw value from Bellevue’s promising project.

“Developing an asset of such exceptional quality as the Bellevue deposit represents an enormous opportunity for Bellevue shareholders,” Beament said.

“I have no doubt that with our vast experience in WA underground mining, the Develop team can help ensure this potential opportunity is maximised.”

The Bellevue project has average resource grades of six grams of gold per tonne and forecast production of 200,000 ounces per year.

Bellevue recently announced it would look to increase its renewable energy intake to 50 per cent to achieve the highest renewable energy penetration rate of any Australian mine of this size.

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