A year ago the company now trading as Broken Hill Gold Ltd (ASX:BH6) was still known as Pacgold, a North Queensland explorer with an interesting resource but no revenue. The transformation since then has been dramatic: a new name, a producing gold operation in South Australia, and a share register that has been buying on-market as bullion trades near record levels.

Latest company developments

The renamed company has pivoted from pure exploration towards near-term production, centred on the White Dam gold operation in South Australia’s Curnamona/Broken Hill mineral province. White Dam is a past producer that yielded roughly 180,000 ounces between 2010 and 2018 at cash costs reported below…