Latest Queensland News

Comet Ridge Limited is set to acquire Santos’s 42.86% stake in the Mahalo Gas Project, consolidating full ownership and operator status. This move significantly increases the company’s gas reserves and positions it to better serve the east coast domestic gas market.

GrainCorp announces the sale of its Canadian joint venture GrainsConnect to Parrish & Heimbecker for C$150 million, alongside a trading update revealing lower expected grain receivals in Australia’s 2025-26 winter harvest.

Austral Resources has been granted the Canyon EPM 28881, establishing a strategic 6km copper oxide exploration corridor adjacent to its Mt Kelly and McLeod Hill operations. The new tenement offers promising undrilled copper oxide mineralisation and sets the stage for a 2026 drilling campaign aimed at expanding Austral’s resource base.

True North Copper has released final assay results from its Aquila prospect, confirming continuous high-grade copper-cobalt-silver mineralisation extending at least 250 metres deep and 900 metres along strike. The discovery underscores the significant growth potential of the Mt Oxide district.

Cedar Woods Properties has raised its FY26 net profit guidance to at least 20% growth, driven by strong sales and faster project delivery, setting the stage for record earnings and higher dividends.

Elixir Energy has partnered with QGC to share 3D seismic data over a key Queensland gas permit, aiming to reduce risks ahead of the Daydream-3 appraisal well. This collaboration highlights the strategic importance of the Taroom Trough in Australia’s gas landscape.

Bank of Queensland Limited has announced a fully franked quarterly distribution of AUD 1.2412 per Capital Note 3 security, payable in March 2026. The distribution reflects a 4.9784% annualised rate based on the BBSW plus a margin.

Emyria has secured its first Empax clinic in Victoria, marking a significant step in its multi-state expansion and validating its scalable, reimbursed national mental health platform.

Greenvale Energy has successfully scaled its Alpha Torbanite Project test program by 40 times and commenced bulk sample production aiming for commercial bitumen certification.

AIC Mines has successfully extended the Jericho copper deposit in Northwest Queensland by approximately 250 metres down-plunge, revealing promising grades of copper, gold, and silver. These results reinforce the deposit’s potential to support future production growth alongside the nearby Eloise mine.

Pacgold Limited has identified a significant 14-kilometre gold and antimony soil anomaly at its St George Project in northeast Queensland, setting the stage for a major drilling campaign in mid-2026.

Eastern Gas Corporation Limited, a new ASX-listed subsidiary of Pure One Corporation, has lodged a Replacement Prospectus to raise $5.5 million for advancing its Queensland gas projects, targeting commercial production through horizontal drilling and fracture stimulation.