Latest Queensland News

Sunrise Energy Metals Limited has announced a $1.5 million Share Purchase Plan (SPP) offering eligible shareholders the chance to invest at 30 cents per share, accompanied by options exercisable at 40 cents until May 2027. The capital raise aims to fast-track the feasibility study and development of its Syerston Scandium Project in New South Wales.

Synertec Corporation has signed a 12-month MOU with global battery leader Ritar International to integrate advanced OPzV battery technology into its Powerhouse microgrid system, aiming to slash costs and scale production rapidly.

Pure Hydrogen Corporation has secured a 15-year Potential Commercial Area approval and extended its ATP 927 permit for the Windorah Gas Project, marking a critical regulatory milestone ahead of its planned spinout.

AnteoTech Ltd has completed a strategic review that refocuses its business on commercialising existing products, delivering $1.6 million in annual cost savings and expanding its sales pipeline in battery and life sciences markets.

Sunshine Metals has reported further shallow, high-grade gold intersections at its Liontown prospect, advancing plans for a resource upgrade and mining studies. The latest drilling results reinforce the company’s strategy to rapidly develop oxide gold resources near surface.

Omega Oil and Gas has extinguished a 3% royalty on its Queensland liquids production by paying TAG Oil US$1 million, clearing the way for greater commercial flexibility following promising flow tests at Canyon-1H.

Yari Minerals has announced a significant 91% increase in its inferred coal resource at the Rolleston South Coal Project, leveraging new data from coal seam gas wells to boost the resource to 151 million tonnes.

Maronan Metals has significantly expanded its Maronan project resource, boosting the indicated silver-lead resource 2.5 times and reporting a maiden indicated copper-gold resource, setting the stage for advancing mine development.

DGL Group projects a challenging FY25 with profits down sharply despite steady revenue, as it undertakes major cost realignment and operational integration to set the stage for future growth.

Evolution Mining’s latest annual report reveals a robust portfolio with 30 million ounces of gold and 4.4 million tonnes of copper in resources, underpinning a 15-year average mine life despite challenges at Red Lake.

Lithium Energy Limited has staked a significant 6,150 hectares of mineral claims in Utah, targeting lithium brine mineralisation as part of its strategic growth and ASX reinstatement plans.

State Gas Limited has settled a land access dispute at its Rolleston West Project, enabling the company to resume drilling and flow testing activities. This development paves the way for advancing coal seam gas production using innovative technologies.