Latest Queensland News

Infragreen Group Limited (ASX: IFN) forecasts a robust FY26 with underlying EBITDA rising to $22.5m-$25m and underlying NPAT surging over 270%, driven by solid performances in Energybuild and Pure Environmental. The company anticipates continued momentum into FY27, despite some short-term headwinds in Minemet and Merredin Energy.

QPM Energy is positioning its Isaac Energy Hub and 112MW Isaac Power Station to meet surging data centre electricity demand forecast to reach up to 35 TWh by 2036, amid coal plant retirements and rising grid pressures.

SSH Group has finalised its acquisition of Elphinstone Mechanical Services, significantly boosting its industrial mining services and workforce capabilities across Western Australia and Queensland.

Revolver Resources has secured critical contracts and completed infrastructure upgrades at its Dianne Copper Mine Project, moving closer to a Final Investment Decision and first copper output within a year.

Hammer Metals reports strong initial drilling results at its Kalman Critical Metals Project, confirming broad zones of copper, gold, molybdenum, and rhenium mineralisation and supporting a resource upgrade ahead of a Scoping Study.

Ballymore Resources has pushed the boundaries of its Torpy’s silver-lead-zinc-indium discovery in North Queensland, with initial results from a fresh 3,000m drilling campaign revealing broad zones of massive sulphide mineralisation closer to surface. Assays are due in June, while a government-backed gravity survey aims to unlock further targets across the Ruddygore corridor.

Maronan Metals has completed a major share distribution from Red Metal, expanding its shareholder base, while locking in a $22 million strategic investment to fund an ambitious drilling program and feasibility study.

White Energy has inked a non-binding term sheet to acquire coal assets in Alabama and Queensland, backed by a $15 million capital raise and planned board reshuffle.

Australian Oil Company Limited is raising $250,000 through a Share Purchase Plan priced at $0.0029 per share, including free-attaching options exercisable by mid-2028. The capital will support oil production enhancements and exploration in Queensland's Surat Basin.

Dexus Convenience Retail REIT has agreed to sell three convenience retail assets for $8 million, achieving a 1.4% premium to book value, with proceeds earmarked for its on-market buy-back program.

Metal Bank has secured $1.2 million through a placement at a 30% premium, aiming to fast-track production at its Seven Leaders deposit and advance the Homestead and Winja gold projects at Livingstone.

Carnaby Resources has extended its high-grade Trek 1 Footwall Lode at the Greater Duchess Project, delivering a 38m intercept at 1.9% copper equivalent and keeping the discovery wide open for further growth.