Latest Queensland News

Far East Gold Ltd has advanced its exploration efforts in Indonesia with imminent drilling at Idenburg and Trenggalek, backed by a $4.78 million strategic investment from Xingye Gold, increasing their stake to nearly 20%.

Strategic Energy Resources advances its copper-gold and polymetallic exploration with refined drill targets at Isa North, promising anomalies at South Cobar, and a major new gold project granted in Queensland, while managing funding and asset divestment.

Boss Energy reports a successful ramp-up at its Honeymoon and Alta Mesa uranium projects, achieving first free cash flow and maintaining production and cost guidance for FY2025 amid a complex market backdrop.

Whitehaven Coal reported a solid Q3 FY25 with resilient production despite seasonal weather disruptions and a soft coal price environment, while bolstering its financial position through a significant Blackwater JV sell-down.

Killi Resources advances exploration at its Mt Rawdon West Project with significant gold-copper-silver mineralisation at Baloo and Kaa prospects, while Gold Fields progresses the West Tanami JV. The company strengthens its board and maintains a solid cash position to fuel ongoing activities.

Savannah Goldfields is advancing plans to resume gold production by July 2025, backed by a $9.1 million capital raise and strategic leadership appointments. The company aims to capitalise on high gold prices by processing stockpiled ore at its Georgetown plant before restarting mining operations.

Cooper Metals Limited reported steady progress in its March 2025 quarterly activities, focusing on exploration at Mt Isa East, Oorindi, and Gooroo projects while maintaining a strong cash position of $2 million.

Ballymore Resources’ latest Stage 5 drilling at the Dittmer Project in North Queensland confirms the continuity of the displaced Duffer Lode extension, delivering significant high-grade gold, silver, and copper intersections. Ongoing metallurgical testing and processing discussions hint at a potential low CAPEX mine restart.

AIC Mines reported solid copper production at Eloise with significant resource upgrades at both Eloise and Jericho, despite weather-related shipment delays. The company is progressing its processing plant expansion with a contract award expected soon.

Skylark Minerals has completed a significant capital restructure and raised A$10 million to fuel its dual-track growth strategy, while progressing exploration and divestment activities across multiple global projects.

Metal Bank Limited has reported a substantial 73% increase in its Livingstone Gold Resource in Western Australia, while progressing exploration and development initiatives across Australia, Jordan, and Saudi Arabia, supported by a $275k Queensland government grant for graphite.

Carnaby Resources has launched a maiden drilling campaign at the Trekelano Copper Gold Project, aiming to bolster its Greater Duchess Pre-Feasibility Study and unlock further resource potential.