Rear Window

Rumourtrage aplenty at Bellevue Gold

Gold prices are booming, but one outlier can’t seem to manage its own message.

Myriam RobinSenior writer

Mar 27, 2025 – 6.16pm

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Before it sank 40 per cent in a year (even as gold prices surged higher), ASX-listed gold producer Bellevue Gold made a lot of investors very wealthy.

Ferrari driving stock picker Tolga Kumova was an early backer of the $1.4 billion miner, among other influencers who cheered it on between their photos of Gucci loafers and white teeth (Kumova actually won a defamation case against an account that wrongly accused him of insider trading in the stock).

Myriam Robin is a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that reported on financial markets and media.