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Kingfisher Mining Ltd (ASX:KFM)

ALERT: Price-sensitive ASX Announcement for KFM
Current share price for KFM : $0.080 0.001 (1.27%)+
Announcement
Release
4 Mar 2026 8:18AM
Price at Release
$0.079
Full Release
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Summary
Kingfisher Mining Ltd (KFM) has entered into a strategic Mining and Processing Agreement with Broken Hill Mines (BHM) in the Broken Hill region, NSW, leveraging BHM's Rasp Mine Processing Plant. This 10-year framework allows KFM to process ore from its high-grade Broken Hill tenements using BHM's infrastructure, significantly reducing capital expenditure. The agreement enables both parties to explore joint ventures, toll treatments, or mine gate sales, with BHM holding a pre-emption right over any external dealings by KFM. This collaboration aims to unlock previously uneconomic assets, accelerate production pathways, and transform Kingfisher's economic evaluation by making smaller deposits viable as satellite feeds to BHM's operations, thereby de-risking the transition from exploration to production.
Key Points
  • Kingfisher Mining Ltd and Broken Hill Mines entered a strategic agreement.
  • The agreement covers a 10-year term for mining and processing cooperation.
  • Utilizes BHM's Rasp Mine Processing Plant, reducing capital expenditure.
  • Framework includes options for joint ventures and toll treatments.
  • BHM holds a pre-emption right over Kingfisher's external dealings.
  • Aims to unlock uneconomic assets and accelerate production pathways.
  • Transforms Kingfisher's economic evaluation by leveraging BHM's infrastructure.
  • Agreement signed on 4 March 2026.
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.