Latest Queensland News

Carnaby Resources has acquired the remaining 17.5% stake in the Greater Duchess Copper Gold Joint Venture, consolidating 100% ownership and streamlining development plans ahead of a key pre-feasibility study.

Aruma Resources has confirmed maiden drilling plans at its Fiery Creek Copper Project in Queensland and secured $900,000 in a recent placement to accelerate exploration across its portfolio.

Traka Resources has secured a strategic joint venture in Guinea’s Siguiri Basin while streamlining its Australian portfolio, though a legal dispute with its Guinea partner clouds the project’s future.

Larvotto Resources has given the final nod to develop its Hillgrove Antimony-Gold Project in NSW, fully funded and moving into construction with production set for mid-2026.

Native Mineral Resources has completed its first gold pour at the Blackjack Gold Project, marking a key milestone as it advances toward full production ramp-up in August 2025. The company also secured a $10 million placement to support its growth plans.

Loyal Metals has secured an option to acquire the world-class Highway Reward Copper-Gold Mine and is progressing its North American lithium assets, supported by $3.77 million in funding.

Native Mineral Resources has poured its first gold at the Blackjack Gold Project in Queensland, marking a pivotal shift from development to production with initial revenue generated.

Australia United Mining reports steady progress at its Sofala gold project and maintenance at Queensland’s Ropewalk mine, while facing a limited cash runway supported by related party loans and share investments.

Sims Limited has signed a non-binding MOU to supply 550,000 tonnes of ferrous scrap annually to Alter Steel’s upcoming Electric Arc Furnace in Queensland, marking a major step in Australia’s green steel transition.

Sprintex has advanced a promising trial with a major Dutch agribusiness, potentially unlocking €4.8 million in sales, while also securing a significant private-label contract in China’s booming aquaculture sector.

QX Resources reported steady progress in its Queensland gold projects and secured a strategic farm-out for its Pilbara iron ore rights, while stepping back from US lithium ventures amid market softness.

Latitude 66 Limited has agreed to sell its 17.5% interest in the Greater Duchess Copper Gold Joint Venture to Carnaby Resources for A$6 million, combining cash and shares. This strategic move frees up capital for Lat66 to focus on its exploration projects in Western Australia and Finland.