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Coolabah Metals Ltd. ( (AU:BHM) ) just unveiled an announcement.
Broken Hill Mines reported strong operational momentum at its Rasp mine in the March 2026 quarter, with silver output rising 51.7%, lead production up 48.5% and zinc volumes increasing 7.9% on the prior quarter. Ore processed grew 3.6% as the company continued its planned ramp-up towards full utilisation of its 750,000-tonne-per-annum plant.
The miner has begun establishing production from the Main Lode, with a material increase in stoping ore expected in the June and September quarters, while first ore from the Pinnacles mine remains on track to start in the June quarter. In a major boost to mine life and planning certainty, the key Rasp mining lease and associated purposes leases have been renewed to 2047, and nearby exploration licences held in joint venture with Kingfisher Mining have been granted to 2032, underpinning longer-term growth options around Rasp.
More about Coolabah Metals Ltd.
Broken Hill Mines Limited operates the Rasp silver, lead and zinc mine in New South Wales, using a 750,000-tonne-per-annum processing plant. The company is developing a hub-and-spoke model that draws ore from the Western Min, Main Lode and Pinnacles deposits, and also participates in regional exploration through a joint venture with Kingfisher Mining.
Average Trading Volume: 1,625,204
Technical Sentiment Signal: Sell
Current Market Cap: A$221.8M
For a thorough assessment of BHM stock, go to TipRanks’ Stock Analysis page.