Latest Queensland News

QMines Limited has completed its acquisition of the Mt Mackenzie Gold and Silver Project, significantly boosting its resource portfolio and positioning itself as a leading copper-gold developer in Central Queensland.

True North Copper has announced a significant new copper-cobalt-silver mineralised system at its Mt Oxide Project in Queensland, with initial drilling revealing high-grade zones starting near surface and open for expansion.

EQ Resources has successfully raised A$4 million through a strongly supported placement to fund expansion and optimization at its Mt Carbine tungsten mine, reinforcing its position amid global supply challenges.

NewPeak Metals has agreed to acquire the Tansey Gold Project, a historically productive site near Brisbane, for A$250,000 in shares and cash, aiming to unlock its district-scale potential with modern exploration techniques.

Metro Mining Limited achieved a record June shipment of 589,000 wet metric tonnes of bauxite, marking a 16% year-on-year increase despite weather-related logistical constraints. The company also confirmed resilient Q3 pricing aligned with market conditions.

The ACCC has approved DP World Australia’s acquisition of Silk Logistics, concluding it won’t significantly harm competition in container stevedoring and logistics services. The decision follows a thorough investigation into potential market impacts.

Lightning Minerals has initiated site preparations for a Phase 1 drilling campaign at the Mt Turner Gold Project in Queensland, aiming to unlock deeper gold mineralisation beneath historic pits. The move follows a recent funding boost and is part of the company’s proposed acquisition of Lotus Minerals.

Monadelphous Group Limited has secured over $100 million in new energy sector contracts, highlighted by a major project with Shell on the Crux platform off Western Australia and an extension with Origin Energy for LNG equipment supply.

Xstate Resources has launched a $2-3 million capital raising with a priority offer to existing shareholders, coinciding with a shareholder meeting to approve a key acquisition.

Iltani Resources reports continued high-grade silver-indium intersections from recent drilling at its Orient West project, reinforcing its status as Australia’s premier silver-indium discovery. The company is on track to deliver an initial JORC Resource estimate by the end of July 2025.

AIC Mines has exceeded its FY25 production guidance at the Eloise Copper Mine, delivering 12,863 tonnes of copper and 5,955 ounces of gold in concentrate, surpassing its targets. This marks the second consecutive year and eighth straight quarter of meeting or beating production goals.

Dart Mining's latest drilling at the Triumph Gold Project reveals multiple new high-grade gold zones, supporting a resource upgrade and expanding mining potential.