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Broken Hill Mines Limited (ASX:BHM)

ALERT: Price-sensitive ASX Announcement for BHM
Current share price for BHM : $0.670 -0.07 (-9.46%)+
Announcement
Release
24 Apr 2026 9:08AM
Price at Release
$0.740
Full Release
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Summary
Broken Hill Mines Limited (ASX: BHM) reported significant progress in its March 2026 Quarterly Activities, focusing on production and financial improvements. The company increased its ore processing capacity at the Rasp Mine to 750,000 tpa, enhancing ore grade by 29% with the addition of the Main Lode feed source. Silver, lead, and zinc production rose respectively by 52%, 49%, and 8%. Financially, the company recorded a 45% increase in operational cash flow and reduced production costs by 6%. The Pinnacles Mine is set to commence operations with ongoing drilling programs revealing high-grade intercepts. Liquidity remains strong with A$75 million available, including A$44 million in cash.
Key Points
  • Increased Rasp Mine capacity to 750,000 tpa.
  • Ore grade improved by 29%.
  • Significant increases in silver (+52%), lead (+49%), and zinc (+8%) production.
  • Operational cash flow increased by 45%.
  • Production costs reduced by 6%.
  • Pinnacles Mine commencing operations with significant drilling results.
  • Total liquidity at A$75 million, including A$44 million in cash.
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.