Gold production from the Tucano mine in Brazil rose to 29,920 ounces from 21,457oz, and sales increased to 29,383oz from 21,045oz.

Waste movement, gold ore mined and milled, head grade and recoveries all rose.

All-in sustaining costs dropped slightly to $US1033 an ounce from $1042/oz, while the average realised price of sales was $1120/oz.

Beadell is expecting gold sales for this month alone to jump to 14,000oz, marking a strong start to the December quarter and setting it up for a big finish to the year.

“Whilst material movement of ore and waste for the September quarter and consequential gold production showed strong improvements across all areas, our final quarter is shaping up to eclipse previous quarter with strong October gold sales expected at around 14,000oz,” Beadell managing director Peter Bowler said.

The company left its December half guidance of 65,000-80,000oz at AISC of $850-950/oz unchanged.

“We expect our operational cashflows to increase further as a result of this anticipated strong final quarter,” Bowler said.

On the development front, the high-grade Duckhead stage 3 cutback in underway and expected to contribute around 20,000oz at 28.7 grams per tonne gold in the first half of next year.

Beadell also released a maiden resource for the Urucum underground deposit of 4.86 million tonnes at 4.06gpt gold for 634,000oz gold.

A prefeasibility study into an underground development is underway.

Beadell closed the quarter with $A28 million cash, up from $22.4 million at the end of June.

Shares in Beadell jumped 6% to 17.5c.