Latest North Queensland News

Australian Rare Earths Limited has raised approximately $6 million through a strategic share placement to advance its Koppamurra Rare Earths Project, underpinning its role in diversifying global rare earth supply chains.

Clara Resources has progressed its Ashford Coking Coal Project with a planned drilling program and completed a $1.587 million capital raise, while moving to acquire a promising gold project in Far North Queensland.

Antares Metals reported a cash outflow in operating activities for Q2 2025 but bolstered its balance sheet with a $1 million placement, positioning itself for focused exploration in Western Australia.

NoviqTech has formalised a key collaboration with Viva Energy on sustainable aviation fuel and agreed to acquire biochar carbon removal specialist Coralia, backed by a $1.5 million capital raise.

Pacgold has completed its acquisition of the White Dam Gold Operation, initiating heap leach irrigation and a major drilling program to fast-track gold production and resource upgrades. Concurrently, promising exploration results at Alice River and St George projects underpin a robust growth outlook.

ActivEX Limited has completed a $900,000 placement to fund exploration across its Queensland gold and rare earth element projects, while reporting a cash balance of $98,000 at quarter-end. Key drilling results are awaited as the company progresses multiple tenements and JV discussions.

Diatreme Resources has completed the sale of its Clermont Copper/Gold Project, retaining a significant stake in the new ASX-listed Moonlight Resources, while progressing metallurgical improvements and environmental approvals on its critical minerals projects.

Aeris Resources delivered steady copper and gold output in Q2 FY26, achieving a debt-free balance sheet and a robust cash position. Exploration drilling at Tritton signals promising resource extensions.

Aeris Resources delivered solid Q2 FY26 results with copper equivalent production of 10.1kt at competitive costs, strengthened its balance sheet by repaying debt, and reported promising exploration outcomes that could underpin future growth.

Savannah Goldfields has reported promising high-grade gold intercepts from recent drilling at its Electric Light prospect, part of the Georgetown Gold Project in Queensland. The company plans to update its mineral resource estimate and explore mining options.

AIC Mines maintained steady copper and gold production at its Eloise mine, generating robust cash flow despite weather disruptions, while progressing its plant expansion and exploration programs.

Pacgold’s maiden drilling at the St George Gold-Antimony Project confirms continuous high-grade antimony mineralisation, setting the stage for an ambitious regional exploration campaign in 2026.