Broken Hill Mines Reports AU$48.1 million Revenue and Strengthened Balance Sheet Following AU$38.5 million Capital Raise.
Broken Hill Mines Limited (ASX: BHM) has reported its half-year results for the period ended 31 December 2025, reflecting its first full period of operations following the reverse acquisition and relisting. Revenue increased to AU$48.1 million, driven by production from the Rasp silver, zinc, and lead mine in Broken Hill, NSW, including 12,000 tonnes of zinc concentrate and 5,000 tonnes of silver-lead concentrate sold during the period. Underground development totalled 2,438 metres, with 253,000 tonnes of ore mined, including high-grade material from the Blackwood ore body. The Group reported a net loss of AU$29.9 million, largely attributable to reverse acquisition listing expenses of AU$7.6 million, share-based payments of AU$1.9 million, and non-cash impairment charges. Cash at period end strengthened to AU$45.1 million following a AU$38.5 million capital raise and the establishment of a US$25 million offtake-linked finance facility. Net tangible assets per share improved to AU$0.17, positioning BHM to advance production optimisation at Rasp and ongoing development at the Pinnacles project.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Broken Hill Mines Reports AU$48.1 million Revenue and Strengthened Balance Sheet Following AU$38.5 million Capital Raise.
Broken Hill Mines Limited (ASX: BHM) has reported its half-year results for the period ended 31 December 2025, reflecting its first full period of operations following the reverse acquisition and relisting. Revenue increased to AU$48.1 million, driven by production from the Rasp silver, zinc, and lead mine in Broken Hill, NSW, including 12,000 tonnes of zinc concentrate and 5,000 tonnes of silver-lead concentrate sold during the period. Underground development totalled 2,438 metres, with 253,000 tonnes of ore mined, including high-grade material from the Blackwood ore body. The Group reported a net loss of AU$29.9 million, largely attributable to reverse acquisition listing expenses of AU$7.6 million, share-based payments of AU$1.9 million, and non-cash impairment charges. Cash at period end strengthened to AU$45.1 million following a AU$38.5 million capital raise and the establishment of a US$25 million offtake-linked finance facility. Net tangible assets per share improved to AU$0.17, positioning BHM to advance production optimisation at Rasp and ongoing development at the Pinnacles project.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au