Latest Queensland News

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.

Alma Metals is advancing its Briggs Copper Project with ongoing infill drilling aimed at upgrading resources and has boosted its operational capacity by acquiring a new exploration camp. The company completed a $4 million placement, strengthening its balance sheet as it pushes toward a Pre-Feasibility Study.

Acusensus has won a A$4.3 million contract extension with Queensland’s Department of Transport and Main Roads for its mobile phone and seatbelt detection technology, extending service through November 2027.

Evolution Mining (ASX: EVN) is set to acquire Carnaby Resources (ASX: CNB) in a $213 million deal that expands its copper production pipeline near Ernest Henry, leveraging existing infrastructure and latent mill capacity.

Stanmore Resources bounced back from early-year weather disruptions with a 27% jump in ROM coal production in Q2 2026 and secured a refinancing deal that lowers debt costs and extends maturities, positioning the company for a robust second half.

Cooper Metals has completed its first RC drilling at Mt Isa East, visually spotting copper sulphides, and secured the Pyramid Gold Project through an asset swap, backed by a $979,500 placement.

Key Petroleum Limited continued its push for Potential Commercial Area approvals for ATP 920 and ATP 924 while completing two share placements that bolstered its working capital. The company remains focused on securing tenure certainty and expanding its asset portfolio amid measured financial management.

Iris Cairns Property Trust has cleared key regulatory hurdles and removed the minimum acceptance condition from its takeover bid for Reef Casino Trust, holding nearly 80% of units and urging unitholders to accept before the 14 August deadline.

Alfabs Australia has locked in a 12-month hire agreement for its Continuous Miner CM04 with a Queensland mining client, adding around $2.5 million in annualised revenue and boosting fleet utilisation.

Zeotech completed a 110-hole drilling campaign at Toondoon, secured key approvals, progressed AusPozz™ commercial trials, and demonstrated a 92% methane reduction in landfill trials.

Breakthrough Minerals has delivered promising assay results from its maiden drilling at Barbara, underpinning resource growth potential, while launching a new drilling campaign at Hazel Creek and securing A$5.15 million to fund an expanded exploration push.

Kingsgate Consolidated has marked a major milestone at its Chatree Gold Mine, surpassing 200,000 ounces of gold production since March 2023. Meanwhile, remediation on Plant 1 progresses steadily, with partial operations maintaining output amid ongoing repairs.