Latest Queensland News

Antares Metals has confirmed visible copper mineralisation alongside uranium at its Queens Gift prospect within the Mt Isa North project, signalling promising multi-commodity potential.

PRL Global announces the retirement of its founding Managing Director Lai Ah Hong, appoints Nicholas Gan as CEO, and reshuffles its executive team to support growth and diversification.

Resources & Energy Group Limited has finalized the sale of its Mount Mackenzie Gold Project to QMines Limited, securing $1 million in cash and 33 million shares, while sharpening its focus on the East Menzies Gold Project in Western Australia.

QMines Limited has completed its acquisition of the Mt Mackenzie Gold and Silver Project, significantly boosting its resource portfolio and positioning itself as a leading copper-gold developer in Central Queensland.

True North Copper has announced a significant new copper-cobalt-silver mineralised system at its Mt Oxide Project in Queensland, with initial drilling revealing high-grade zones starting near surface and open for expansion.

EQ Resources has successfully raised A$4 million through a strongly supported placement to fund expansion and optimization at its Mt Carbine tungsten mine, reinforcing its position amid global supply challenges.

NewPeak Metals has agreed to acquire the Tansey Gold Project, a historically productive site near Brisbane, for A$250,000 in shares and cash, aiming to unlock its district-scale potential with modern exploration techniques.

Metro Mining Limited achieved a record June shipment of 589,000 wet metric tonnes of bauxite, marking a 16% year-on-year increase despite weather-related logistical constraints. The company also confirmed resilient Q3 pricing aligned with market conditions.

The ACCC has approved DP World Australia’s acquisition of Silk Logistics, concluding it won’t significantly harm competition in container stevedoring and logistics services. The decision follows a thorough investigation into potential market impacts.

Lightning Minerals has initiated site preparations for a Phase 1 drilling campaign at the Mt Turner Gold Project in Queensland, aiming to unlock deeper gold mineralisation beneath historic pits. The move follows a recent funding boost and is part of the company’s proposed acquisition of Lotus Minerals.

Monadelphous Group Limited has secured over $100 million in new energy sector contracts, highlighted by a major project with Shell on the Crux platform off Western Australia and an extension with Origin Energy for LNG equipment supply.

Xstate Resources has launched a $2-3 million capital raising with a priority offer to existing shareholders, coinciding with a shareholder meeting to approve a key acquisition.