After six years at the helm, managing director Steve Parsons will step down and transition to a non-executive director role.
Chief executive Darren Stralow has been promoted to MD and CEO.
He joined Bellevue in late 2021 from Northern Star Resources, where he was chief development officer.
General manager of the Bellevue gold mine, Bill Stirling, has been promoted to chief operating officer.
Stirling, another former Northern Star employee, has been with Bellevue since the start of last year.
The changes take effect from March 1.
Bellevue is on track for first production from its namesake gold mine later this year.
“With this in mind, it is the right time to appoint the team who will lead our company into the next highly rewarding phase of its growth and development,” Bellevue chairman Kevin Tomlinson said.
“Darren’s extensive experience on both the operational and commercial fronts means he is perfectly positioned to lead Bellevue into this next chapter.
He will be extremely well-supported by Bill and our wider executive team, all of whom have played key roles in the company’s success to date.”
Tomlinson also thanked Parsons for the job he’d done transforming the company from the shell of Draig Resources into Australia’s next major gold producer.
“Steve has created immense value for Bellevue stakeholders by recognising and unlocking the opportunity at Bellevue,” Tomlinson said.
“He has achieved this by establishing an outstanding team, inspiring them to go above and beyond at every turn and conveying the enormous value of our project to investors in Australia and around the world.
“I look forward to him continuing to share his knowledge and experience as a director of Bellevue.”
The A$313 million Bellevue gold mine is expected to produce more than 200,000 ounces of gold for more than 10 years at all-in sustaining costs of $1000-1100 an ounce.
Mine development is ahead of schedule at nearly 8km, while the construction of the plant is well advanced.
The company had $120.4 million of cash at December 31 and $165 million in undrawn debt facilities.
