Latest Queensland Government News

Parkway Corporate has cleared major regulatory hurdles for its Queensland Brine Management Complex, the first Australian facility authorised to convert coal seam gas waste brine into industrial chemicals, setting a new benchmark in sustainable waste management.

Coast Entertainment updates valuations for its Dreamworld and SkyPoint assets, revealing a $52 million immediate uplift for Dreamworld following expanded land use approvals and a $14.7 million increase for SkyPoint.

Iltani Resources has intercepted significant lead, zinc, and copper sulphides over a 1,230m strike at its Union Jack Prospect in Northern Queensland, validating geophysical VTEM targets and setting the stage for expanded exploration within the Herberton Project.

Basin Energy has kicked off follow-up drilling at its Newmans rare earth discovery in northwest Queensland, aiming to confirm continuity along a 3.3 km mineralised corridor. Assay results are expected by mid to late September, marking the start of a busy second half of 2026 for the company.

Iris Cairns Property Trust has secured over 80% of Reef Casino Trust units, making its $3.87 per unit takeover offer unconditional and setting a firm 14 August deadline without extension.

Omega Oil & Gas is drilling ahead at the Canyon-3 appraisal well in Queensland’s Taroom Trough, targeting extensive Permian reservoirs that could define a significant new oil and gas province.

Experience Co’s Q4 FY26 revenue held steady despite a 4% drop in its Skydive Australia segment, offset by gains in Adventure Experiences. Operating costs and fuel price pressures weighed on profitability, while strategic moves signal a reshaping of the skydive business.

Comet Ridge has raised $40 million through a placement and $875,750 via a share purchase plan to fund the acquisition of Santos’ remaining stake in the Mahalo Gas Project and progress development activities.

QMines Limited has locked in a $15 million strategic funding package with QIC to fully finance its Mt Chalmers Definitive Feasibility Study, while completing a substantial drilling campaign at Mount Mackenzie and launching a major 10,000m drill program at Mt Chalmers.

Elixir Energy has advanced its Queensland Taroom Trough gas projects with successful stimulation and flow testing at Lorelle-3H, a new contingent resource booking at ATP2057, and a pipeline feasibility agreement with APA Group.

Metal Bank is pushing its Western Australian gold projects closer to production while expanding critical minerals exploration in Queensland, supported by a $1.2 million placement.

Strategic Energy Resources (ASX:SER) is gearing up for a major 2026 field season with three high-impact diamond drilling programs across its Queensland copper-gold projects, backed by joint ventures and government grants. A $1.5 million capital raise recently completed will support drilling activities, while a new $6 million JV with Sumitomo Metals Mining targets the Bulimba Gold Project.