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Broken Hill Mines Limited (ASX:BHM)

ALERT: Price-sensitive ASX Announcement for BHM
Current share price for BHM : $0.680 -0.02 (-2.86%)+
Announcement
Release
7 Apr 2026 9:13AM
Price at Release
$0.700
Full Release
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Summary
Broken Hill Mines Limited (ASX: BHM) has announced robust production growth at its Rasp silver-lead-zinc mine for the March 2026 quarter, with silver, lead, and zinc outputs significantly increased. The company has also secured a crucial long-term renewal of its CML7 Mining Lease, extending its operations to 2047, and is enhancing its processing plant capacity by sourcing ore from multiple locations. Additionally, BHM has renewed key mining leases and secured new exploration licenses under a joint venture with Kingfisher Mining Limited, aiming to bolster its regional growth strategy.
Key Points
  • Broken Hill Mines Limited (ASX: BHM) reported strong production growth for the March 2026 quarter.
  • BHM's Rasp silver-lead-zinc mine experienced significant increases in output, with silver production up by 51.7%, lead by 48.5%, and zinc by 7.9%.
  • The company secured a long-term renewal of its CML7 Mining Lease at Rasp, extending operations to 2047.
  • BHM is ramping up its 750,000tpa processing plant capacity, sourcing additional ore from Main Lode and Pinnacles to complement existing supplies.
  • Operations from Main Lode have successfully commenced, and first ore feed from Pinnacles is expected in the June quarter.
  • BHM renewed Consolidated Mining Lease 7 and additional Mining Purposes Leases, with expiry dates extended to 2047.
  • Exploration Licence Applications ELA6996 and ELA6997 have been granted, now known as EL9881 and EL9882, with expiry in March 2032.
  • The company's operations and regional growth opportunities are supported through a joint venture agreement with Kingfisher Mining Limited.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.