Barclay Pearce Capital
- Oct 20, 2025
- 1 min read
Broken Hill Mines (ASX:BHM): Quarterly Activities Report
Broken Hill Mines (ASX:BHM) is pleased to report a milestone quarter of operational and strategic progress, marking the Company’s first reporting period since its successful ASX relisting in July 2025.
📌 Why It Matters:
The September quarter delivered the strongest mining and development performance at Rasp since 2022, a major de-risking milestone at Main Lode, and exceptional drilling results across both Rasp and Pinnacles, positioning BHM for transformational growth through FY26 and beyond.
📌 Quarterly Highlights:
1. Main Lode Operations – Major De-risking Milestone
- Underground development completed to access the high grade Blackwoods orebody within Main Lode – the first time since the 1970s.
- First ore mined and processed post September quarter-end, marking the start of a multiorebody production profile at Rasp.
2. Record Mining & Development Performance
- Strategic focus on reinvestment into mine life extension and mining rate improvement.
- 118.5kt of ore mined and 1,157m of development – both quarterly records since 2022.
3. Pinnacles Momentum – Long-Term Growth and Regional Consolidation
- 5,000m of drilling completed in the BHM’s FY26 phase 1 program, confirming wide zones of high grade polymetallic mineralisation.
4. Financial Strength and Funding Runway
- Completion of A$20m IPO equity raising and US$25m offtake financing facility with Hartree Metals.
👉 View the full announcement here.
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