Latest Queensland News

GrainCorp Limited reported a strong first half with revenue up 21% to $4.09 billion and net profit rising 17% to $58.1 million, prompting an increased dividend and share buy-back program.

Alliance Aviation Services has updated its FY25 financial guidance, aiming for EBITDA between $205-210 million while navigating operational disruptions and planning significant debt reduction by 2026.

Iltani Resources reports continued broad high-grade silver and base metals assay results from recent drilling at its Orient West project in Queensland, reinforcing its status as Australia's premier silver-indium discovery.

Tartana Minerals has raised $1.55 million through a director-led unsecured loan facility and appointed Dr Alistair Lewis as its new Chairman, signaling a strategic push in exploration and project advancement.

Savannah Goldfields has announced a new gold Exploration Target at its Electric Light Deposit within the Georgetown Project, potentially extending known mineralisation and supporting its processing plant feed strategy.

Ballymore Resources has reported exceptional high-grade gold intersections from its ongoing Stage 5 underground drilling at the Dittmer Project, reinforcing the potential of a large gold system in North Queensland.

Experience Co Limited reported a resilient 10% growth in underlying EBITDA for Q3 FY25, overcoming significant weather disruptions that impacted its Adventure Experiences segment. Skydiving operations, particularly in New Zealand, drove the positive momentum, while April trading showed all units profitable.

Lindsay Australia has announced the acquisition of Tasmania’s leading refrigerated logistics provider, SRT Logistics, for $108.2 million, marking a strategic expansion into the Tasmanian and Trans Bass Strait markets. The deal is expected to boost Lindsay’s FY25 earnings per share by approximately 15%.

Terrain Minerals Ltd has announced a pro-rata entitlement offer to raise up to $1.82 million, supported by partial underwriting from directors Justin Virgin and Jason MacDonald. The capital raise aims to fund key exploration activities at the Smokebush Project and other initiatives.

Impact Minerals has raised an additional $881,000 through a rights issue shortfall offer and completed the sale of its Blackridge project, positioning itself for upcoming drilling at Arkun and development of a high purity alumina pilot plant.

Raptis Group Limited has voluntarily suspended trading on the ASX as it prepares to announce a significant share placement and entitlement offer, signaling a pivotal moment for the company’s capital structure.

Elixir Energy has unveiled a strategic, fully funded plan to develop its extensive gas resources in Queensland’s Taroom Trough, aiming for initial production by late 2027. The company leverages its dominant acreage position alongside Shell’s operations and a fast-follower approach to unlock multi-TCF reserves.