Latest Queensland News

Australasian Metals Limited has identified significant chargeability anomalies at its May Queen Gold Project, suggesting promising sulphide mineralisation and supporting previous drilling results. The company plans targeted drilling to validate these new geophysical targets.

QEM Limited has raised A$2.05 million through a strongly supported placement to accelerate its Julia Creek Vanadium and Energy Project, coinciding with the retirement of founding CEO Gavin Loyden and the appointment of Robert Cooper as his successor.

Dart Mining has completed the first phase of diamond drilling at its Triumph Gold Project, revealing nine new zones of sulphide mineralisation and setting the stage for a potential resource upgrade.

Top Shelf International Holdings has resolved its long-standing excise debt issue, leading to the dismissal of Australian Taxation Office proceedings against its subsidiary.

INOVIQ Limited clarifies recent share price movements, confirming no undisclosed material information while highlighting an imminent ASCO presentation and provisional patent application tied to its EXO-OC ovarian cancer test.

QPM Energy has refinanced its debt with two new funding agreements totaling $70 million from Dyno Nobel, strengthening its balance sheet and enabling accelerated growth in its gas supply and energy portfolio.

Ballymore Resources has won $400,000 in Queensland government grants to accelerate exploration at its Dittmer Project, targeting significant copper-gold porphyry systems beneath historic mines.

Somerset Minerals reports extensive copper mineralisation across its Coppermine Project in Nunavut, Canada, following initial surface sampling. A fully funded maiden drill campaign is set to commence in July targeting high-priority zones.

New Frontier Minerals accelerates its NWQ Copper Project development by sending bulk samples to Austral Resources’ Mt Kelly plant, formalizing a key processing partnership that could fast-track copper output.

MAC Copper Limited has entered a binding agreement for acquisition by Harmony Gold, offering shareholders a compelling 32% premium and signalling a major consolidation in the copper mining sector.

Coolabah Metals Limited is set to transform into a producing miner with its $15-20 million capital raise, conditional on acquiring Broken Hill Mines Pty Ltd and resuming ASX trading.

Carnaby Resources has reported promising first drill results from its Trekelano Project in Mt Isa, confirming broad, high-grade copper-gold mineralisation that could significantly enhance the Greater Duchess Copper Gold Project.