Latest Queensland News

Aeris Resources has outlined a robust FY26 plan focusing on increased copper equivalent production and strategic asset management, aiming to enhance shareholder value through operational delivery and exploration.

Key Petroleum has moved its eight Potential Commercial Area applications into formal government evaluation, aiming to secure long-term tenure in Queensland’s Cooper-Eromanga Basin. Meanwhile, the company raised A$129,000 through an entitlement offer and is exploring international growth opportunities.

Comet Ridge Limited has independently certified 51.8 PJ of 2P gas reserves and 118.5 PJ of 3P reserves at its 100% owned Mahalo East Project, significantly expanding its gas portfolio in Queensland’s Bowen Basin. This milestone advances the Mahalo Gas Hub’s potential as a key new gas supply region for Australia’s east coast.

Whitehaven Coal has delivered a robust FY25 performance, exceeding production and cost guidance while managing market softness and advancing key projects.

Australian Silica Quartz Group reports promising gold exploration results at Koolyanobbing Metals Project while ending its Quartz Hill joint venture, maintaining a solid cash position and listing rural properties for sale.

Centex Limited and Agriflex Pty Ltd, currently under voluntary administration, have received a Deed of Company Arrangement proposal from PRL Global Limited involving an $8.2 million contribution and a share transfer. Administrators recommend creditors approve the DOCA for better returns and operational continuity.

Centrex Limited and its subsidiary Agriflex Pty Ltd have entered a Deed of Company Arrangement (DOCA) with PRL Group Limited set to acquire 100% of Centrex shares, pending court approval. An independent expert report values Centrex shares at nil on a liquidation basis, while mineral assets are valued at A$5.6 million.

Xstate Resources has pushed back the closing date of its public offer to early August, setting the stage for a potential ASX re-listing by late August following key approvals and asset acquisition.

Blue Energy’s subsidiary Eureka Petroleum has been granted two significant Potential Commercial Areas in Queensland’s North Bowen Basin, alongside a renewal of its ATP 814 exploration permit. These awards position the company to advance substantial gas resources toward production.

Cooper Metals Limited reports steady progress across its copper-gold exploration portfolio in Queensland and Western Australia, underpinned by a solid cash position and advancing regulatory approvals.

Lightning Minerals has completed a pivotal site visit to the Mt Turner Gold Project in Queensland, confirming multiple promising drill targets along the 14km Drummer Fault. With soil sampling underway and a 1,000m drilling program planned post-EGM, the company is poised to unlock significant gold and copper potential.

Middle Island Resources reports progress on its Northern Territory and Queensland projects, highlighting new exploration targets and a solid cash position as it plans next drilling phases.