Latest Queensland News

Veris Limited has announced the acquisition of Melbourne-based Spatial Vision for up to $3 million, significantly expanding its digital and spatial service capabilities. The deal is expected to be earnings accretive from FY26 and deepen Veris' government sector reach.

Great Divide Mining's latest LiDAR analysis at Devils Mountain reveals a wealth of previously unknown historical mine workings, significantly sharpening its gold exploration focus in southeast Queensland.

Visionflex Group reported an 8% increase in Annual Recurring Revenue to $1.6 million in Q2 FY25 despite an 11% revenue decline, securing key contracts with Spark Health, BUPA, and Indigenous Wellness Connect. The company targets EBITDA profitability by Q4 FY25 amid a maturing sales pipeline.

QPM Energy reported a 21.3% rise in electricity and gas sales revenue to $30.8 million in the December 2024 quarter, driven by strong electricity prices and strategic asset acquisition. The company also advanced its drilling program and optimized gas production despite a decline in third-party supply.

Locality Planning Energy Holdings (LPE) reports a cashflow positive half-year and reduces debt, while securing a landmark energy management contract for Queensland's largest social housing project.

Top End Energy has taken a major step by acquiring the Kansas Natural Hydrogen Project and advancing its exploration footprint in Australia's Beetaloo Sub-Basin, positioning itself at the forefront of natural hydrogen and unconventional gas development.

Bio-Gene Technology Limited has advanced its bio-insecticide pipeline with two U.S. Department of Defense grants totaling A$3 million, alongside key regulatory and production milestones for Flavocide® and Qcide®.

Canterbury Resources has unveiled compelling drilling results at its Briggs Copper Project in Queensland, confirming a new Southern porphyry discovery and extending higher-grade mineralisation zones. These findings feed into an updated resource estimate and a scoping study due mid-2025.

MinRex Resources reports encouraging rock chip sampling results from its Sunny Corner Au-Ag project, alongside strategic plans for expanded exploration activities. The company maintains a strong cash position of $9.46 million, underpinning its ongoing development efforts.

Latitude66 has made significant strides in its flagship KSB Project in Finland, initiating a scoping study and reporting promising exploration results, while also completing the sale of its non-core Australian Sylvania Project.

Cyclone Metals has forged a strategic partnership with Vale S.A. to fund and develop its Iron Bear iron ore project in Canada, marking a major step towards mining decision. The company also completed pilot production of high-grade direct reduction pellets, underscoring the project's technical promise.

Revolver Resources has locked in A$500,000 through a 1% gross revenue royalty agreement on its Dianne Copper Mine Project, providing crucial non-dilutive funding as it advances toward production.