Broken Hill Mines Ltd
Broken Hill Mines Limited, formerly Coolabah Metals Ltd, is an Australia-based mineral exploration company.
The business
Broken Hill Mines Limited, formerly Coolabah Metals Ltd, is an Australia-based mineral exploration company. The Company is engaged in silver-lead- zinc (Ag-Pb-Zn) mining activities. The Company operates through two mining operations, which include Rasp Mine and Pinnacle Mine. The Rasp Mine is an operating silver-lead-zinc mine located in Broken Hill, New South Wales. The mine hosts a mineral resource estimate of 10.1Mt at 9.4% ZnEq (5.7% Zn, 3.2% Pb and 49g/t Ag) (Rasp MRE). The Pinnacles Mine, located approximately15-kilometers (km) south-west of the Broken Hill township, is considered to contain one of the highest grade and shallowest known deposits in Broken Hill. The Pinnacles Deposit is relatively undeveloped, with only small-scale historical mining targeting the rich Galena (lead ore) lodes. The Pinnacles Mine hosts a current Mineral Resource estimate of approximately 6.0Mt at 10.9% ZnEq.
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Latest news
The Weekly Finger: El Niño, gold's quiet mission, silver's comeback, and Trump's bond market tantrum
El Niño could trigger global shocks as agriculture soars; gold climbs on China’s OTC purchases; silver rebounds amid Trump’s bond-market tantrum.
Broken Hill Mines Reports High-Grade Lead-Zinc-Silver Intercepts from Pinnacles Phase 2 Drilling
Broken Hill Mines unlocks high-grade zinc-silver intercepts in Pinnacles Phase 2 near-open pit, underpinning open-pit viability as zinc/silver rally.
Broken Hill Mines Lifts Silver Output as New Ore Sources Gather Pace
Broken Hill Mines lifts June-quarter silver output 21.8% as Pinnacles joins Rasp; cash flow improves as growth ramp targets 750,000t.
Broken Hill Mines Makes High-Grade Bulk-Tonnage Discovery at Rasp’s Centenary Zone
Broken Hill Mines unveils high-grade bulk-tonnage discovery at Rasp's Centenary Zone: 25.8m at 11.7% ZnEq and 323 g/t AgEq, boosting MRE upgrade.
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