Broken Hill Mines (ASX:BHM), a base and precious metals producer, has been volatile as its Rasp operation ramps up. In April 2026, Perennial noted the March quarter marked a significant milestone in the ramp-up of the Rasp mine at Broken Hill, with higher ore grades lifting metal output. Balmoral initiated a position, gaining exposure to zinc, lead and silver. Blackwattle and Phoenix Growth Fund reported a 40% fall in March as precious metals sold off sharply, with Phoenix describing the pullback as healthy. Broken Hill Mines operates in the Materials sector within the Metals and Mining industry, and Thesis Tracker has captured 8 comments from 5 fund managers, including Perennial, Balmoral, Blackwattle and Phoenix Growth Fund. Established in 2021 and headquartered in Perth, Broken Hill Mines operates the Rasp zinc-lead-silver mine in Broken Hill, New South Wales, and holds exploration interests in copper and gold. Some commentary linked to this ticker refers to a different company and has not been used here.