Latest Queensland News

Raptis Group Limited has completed a $225,000 private placement and launched a fully underwritten $1.75 million entitlement offer, aiming to expand its property management portfolio with a possible Broadbeach acquisition.

Red Metal Limited’s latest leach test results from the Sybella rare earths discovery confirm promising low-cost processing potential using mild acid conditions, significantly reducing impurities and acid consumption. The findings pave the way for definitive column leach tests and expanded resource evaluation.

AuKing Mining and Orion Resources have signed a non-binding $8 million financing term sheet with US lender Nebari to advance the Cloncurry Gold Project acquisition and development.

Bank of Queensland Limited has announced a fully franked quarterly distribution of AUD 1.3408 per Capital Note security, reflecting a stable income stream for investors tied to the 3-month BBSW plus margin.

Yari Minerals has completed the acquisition of the Rolleston South Coal Project in Queensland’s Bowen Basin, adding a substantial 78.9 million tonnes inferred coal resource and planning further drilling to expand it.

New Hope Corporation reports steady coal production but a 27% drop in EBITDA amid falling prices and rail constraints, prompting revised FY25 guidance.

Babylon Pump & Power has successfully closed its institutional entitlement offer, raising over $1 million through the issuance of 271 million new shares. A retail entitlement offer is set to follow, providing existing shareholders another chance to participate.

Comms Group Limited announces a strategic $10 million acquisition of TasmaNet and select assets from Field Solutions Holdings, alongside a $7 million capital raise, targeting a proforma FY25 revenue of approximately $75 million.

Embark Early Education announces a fully franked interim dividend and the conditional acquisition of two Queensland childcare centres, boosting its portfolio to 40 centres.

Greenvale Energy has identified several uranium anomalies across key Northern Territory projects through detailed airborne surveys, setting the stage for extensive ground exploration in 2025.

Centuria Office REIT has reaffirmed its FY25 financial guidance while navigating elevated vacancies and fragmented leasing momentum in the Australian office market.

GrainCorp reported a robust first half of FY25 with improved earnings and upgraded guidance, underpinned by strong East Coast grain volumes and operational resilience.