Latest Queensland Government News

The Star Entertainment Group reported a $471.5 million net loss for FY25, marking a 72% improvement from the prior year but underscored by ongoing regulatory challenges and a complex joint venture exit.

Basin Energy has agreed to acquire NeoDys Limited, gaining a dominant uranium and rare earth portfolio in northwest Queensland, fully funded to commence drilling in late 2025.

Omega Oil and Gas confirms the commercial viability of its Canyon Sandstone reservoir in Queensland’s Taroom Trough, with SLB modelling indicating nearly 1 million barrels of oil equivalent per well and significant upside potential.

29Metals has successfully moved its application for a new tailings storage facility at Capricorn Copper into detailed assessment, marking a critical step toward restarting operations sustainably.

Ark Mines has landed a $4.5 million investment from Queensland’s Critical Minerals and Battery Technology Fund, accelerating development at its Sandy Mitchell rare earths project with production targeted for late 2027.

Diatreme Resources has achieved a significant regulatory milestone with Project Status granted across its silica sand tenements in Far North Queensland, alongside critical tenure renewals that preserve its strategic landholdings. This development strengthens its pathway toward long-term production of low-iron, high-purity silica sand.

Iltani Resources has identified 16 significant electromagnetic anomalies at its Herberton Project, including 13 near the Orient silver-indium deposit, setting the stage for a multi-phase exploration campaign.

Zenith Minerals has initiated a 3,000-metre deep diamond drilling program at its Red Mountain Project in Queensland, targeting a Mt Wright-style gold system and a concealed porphyry copper deposit. Supported by government funding, this exploration phase builds on eight years of work and aims to unlock significant resource potential.

Sunshine Metals has initiated diamond drilling at Liontown North, backed by a Queensland government grant, aiming to validate a new geological fold model that could extend the Liontown gold resource. Concurrent drilling at Sybil and upcoming resource updates promise a busy exploration period.

Canterbury Resources has begun drilling a deep 900m diamond hole at its Briggs Copper Project, aiming to unlock new resource potential adjacent to the existing deposit. Supported by a government grant and a joint venture partner, this drilling campaign could reshape the project’s outlook.

Alma Metals has initiated a 900m deep diamond drilling program at its Briggs Copper Project, targeting a key geophysical anomaly adjacent to existing resources. Supported by a $250,000 Queensland Government grant, early drilling has revealed visible copper mineralisation, with assay results anticipated next quarter.

Diatreme Resources has outlined two substantial exploration targets near its Northern Silica Project, potentially adding up to 275 million tonnes of high-purity silica sand adjacent to the world-class Cape Flattery mine.