InvestSMART

The article you are trying to access does not exist, however, here are some articles you may be interested in.

Broken Hill Mines Limited (ASX:BHM)

ALERT: Price-sensitive ASX Announcement for BHM
Current share price for BHM : $0.725 0.045 (6.62%)+
Announcement
Release
31 Jul 2026 8:25AM
Price at Release
$0.680
Full Release
download
Summary
Broken Hill Mines Limited (BHM) reported substantial improvements in milling productivity and metal recoveries in their latest quarterly activities report. A record was set in June for metal production, and significant drilling at the Rasp and Pinnacles sites revealed potential high-grade ore. Financially, the company generated A$9.1 million in operational cash flow and maintained liquidity of A$53 million, despite revenue impacts from delayed shipments. BHM invested heavily in growth projects and reported notable increases in silver and zinc production. The company is progressing with the construction of the Tailings Dewatering Plant, set for completion in FY27, and continues exploration efforts at the Pinnacles Mine, which promises high-grade mineralization potential.
Key Points
  • BHM improved milling productivity with significant increases in silver, lead, and zinc recoveries.
  • Record metal production in June with 49,700oz silver, 1,075t lead, and 1,380t zinc.
  • Completed 12,500m of drilling at Rasp and Pinnacles, indicating potential high-grade ore discovery.
  • Generated A$9.1m operational cash flow, with sales receipts of A$40.2m.
  • Invested A$8.3m in growth capital expenditure, with two ramp-up projects completed.
  • Total liquidity of A$53m, including A$34m in cash.
  • Quarterly silver production increased by 21.8%, and zinc production increased by 7.0%.
  • BHM continues with the Tailings Dewatering Plant project, aiming for completion in FY27.
  • Significant drilling activity at the Pinnacles Mine with potential for high-grade silver-lead-zinc findings.
  • Financial performance impacted by delayed shipments, affecting quarterly revenue.
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.