Latest Broken Hill News

Broken Hill Mines Limited has locked in a binding underwriting agreement for its BHMO Options, aiming to raise approximately A$7.5 million to accelerate drilling and development at its Broken Hill projects.

Pacgold Limited has raised $13 million through a two-tranche placement to acquire and restart the White Dam Gold Project, aiming for near-term production and exploration growth.

Broken Hill Mines has commenced mining and processing of the high-grade Blackwoods ore body at its Rasp Mine ahead of schedule, boosting exposure to precious metals amid soaring silver prices.

Pacgold Limited has agreed to acquire the White Dam Gold Operation in South Australia, unlocking near-term gold production and cash flow with minimal upfront capital. The acquisition complements its Queensland projects and sets the stage for growth.

S2 Resources has commenced a two-month drilling campaign at its Warraweena project in northern NSW, targeting six geophysical anomalies with potential for multiple valuable mineral deposits. A follow-up gravity survey is advancing to refine these targets further.

Impact Minerals has partnered with Kuniko Limited, granting them the right to earn up to 70% of the Commonwealth gold-silver project in NSW’s Lachlan Fold Belt through a $3 million exploration commitment over four years.

Cobalt Blue Holdings has fully repaid its $1 million promissory note to American Rare Earths, unencumbering its flagship Broken Hill Cobalt Project amid a strengthening cobalt market.

Broken Hill Mines has locked in a US$25 million senior secured financing facility alongside a major silver-lead concentrate offtake agreement with Hartree Metals, underpinning growth at its Rasp and Pinnacles mines.

Broken Hill Mines has completed underground access to the high-grade Main Lode ore body at its Rasp Mine, delivering exceptional drilling results and targeting first ore extraction by November 2025.

S2 Resources is set to begin diamond drilling within weeks at its Warraweena project in northern New South Wales, following promising historical drill results and an ongoing gravity survey extension. The project targets multiple mineralisation styles, including gold, copper, nickel, and base metals.

Impact Minerals Limited has successfully raised $4 million through a heavily oversubscribed placement, positioning the company to advance its High Purity Alumina projects and copper exploration activities.

Broken Hill Mines reports impressive high-grade silver, lead, zinc, gold, and copper intercepts from its FY26 drilling at Pinnacles Mine, setting the stage for a resource upgrade and potential mine restart.