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Broken Hill Mines lifts Rasp output and locks in mining lease to 2047

Story Highlights
  • Broken Hill Mines boosted March quarter silver and lead production as Rasp ramps up with additional ore feeds.
  • The company extended its Rasp mining lease to 2047 and secured new JV exploration licences, strengthening long-term growth.
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Broken Hill Mines lifts Rasp output and locks in mining lease to 2047

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An announcement from Kingfisher Mining Ltd. ( (AU:KFM) ) is now available.

Broken Hill Mines reported strong production growth at its Rasp silver-lead-zinc mine for the March 2026 quarter, with notable increases in silver and lead output as ore processed rose modestly. The ramp-up is underpinned by its hub-and-spoke strategy, adding Main Lode and upcoming Pinnacles ore feed to maximise utilisation of its 750,000 tonne per annum processing plant.

The company also secured a long-term renewal of its core Rasp mining lease and associated mining purpose leases through to 2047, extending its operating horizon and infrastructure security. In parallel, new exploration licences held via a joint venture with Kingfisher Mining Limited were granted to 2032, supporting future regional growth opportunities and reinforcing the longevity of the Rasp operations for stakeholders.

The most recent analyst rating on (AU:KFM) stock is a Sell with a A$0.08 price target. To see the full list of analyst forecasts on Kingfisher Mining Ltd. stock, see the AU:KFM Stock Forecast page.

More about Kingfisher Mining Ltd.

Broken Hill Mines Limited is an Australian mining company focused on silver, lead and zinc production from its flagship Rasp Mine at Broken Hill. The company operates a 750,000 tonne per annum processing plant fed by multiple ore sources, including Western Min, Main Lode and the developing Pinnacles operations, positioning it as a key regional base metals producer.

Average Trading Volume: 125,599

Technical Sentiment Signal: Buy

Current Market Cap: A$8.12M

See more data about KFM stock on TipRanks’ Stock Analysis page.

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