Broken Hill Prospecting Ltd. (BPL) – Company Capsule

Date: 2016-01

Broken Hill Prospecting Ltd. (BPL) is a mining and exploration company. The company operates in the acquisition, exploration, and development of mineral deposits in the mining center of Broken Hill in western New South Wales. It explores for gold, cobalt, zinc, lead, silver, and base metal. BPL holds 100% interest in cobalt mineral deposits, which is situated approximately 25 km south west from Broken Hill. The company holds two exploration licenses and two mining leases including EL6622 (Pine Ridge), EL8143, ML86 (Pyrite Hill), and ML87 (Big Hill). It has defined resources at the Pyrite Hill, Railway and Big Hill Cobalt deposits which have combined Inferred Resources of 35.7 million tons of 1.85 pounds per ton cobalt. The company has operations in Australia, New Zealand, and Hong Kong. BPL is headquartered in Sydney, New South Wales, Australia.

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