Latest Queensland News

Middle Island Resources has completed a strategic acquisition in Serbia, backed by a $3.4 million capital raise, and reported promising high-grade drilling results at its Bobija Project, signalling a significant step forward in its exploration ambitions.

Parkway Corporate Limited reported steady revenues of $3.64 million for Q2 FY26 and breakeven EBITDA, while progressing its flagship Queensland Brine Management Complex project with a secured site and lodged development application.

Yari Minerals has kicked off its inaugural drilling at the Rolleston South Coal Project, confirming thick, continuous coal seams and promising coal quality that could upgrade its resource status.

New Frontier Minerals has completed its maiden drilling campaign at Harts Range and secured a binding commercial framework with Metallium Ltd, unlocking a novel processing pathway for heavy rare earth elements. Meanwhile, progress at its NWQ Copper Project and a successful capital raise position the company for growth.

Basin Energy has expanded its footprint in Queensland with the acquisition of NeoDys Ltd and maiden drilling at Sybella-Barkly, while confirming significant uranium mineralisation in Sweden and agreeing to sell its Canadian Marshall uranium project.

Basin Energy Limited reported a challenging cash flow quarter ending December 2025, offsetting operational outflows with financing inflows and strategic asset sales. The company remains confident in sustaining operations amid variable exploration costs.

Far Northern Resources has resumed its Phase 2 drilling program at the Bridge Creek project in the Northern Territory, aiming to expand its gold resource. The company maintains a solid cash position, supporting ongoing exploration activities.

Cannindah Resources has delivered a strong quarter with significant drill results upgrading the Mt Cannindah copper-gold project, including a new Exploration Target at the Southern Target porphyry system.

Red Metal Limited reports significant technical progress in rare earth processing at its Sybella project alongside advancing gold and copper exploration across multiple Australian sites. The company’s strategic stake in Maronan Metals gains momentum amid rising metal prices.

ASF Group Limited closed December 2025 with $1.91 million in cash and nearly four quarters of funding runway, while progressing key investments in mining, technology, and biotech sectors.

ActivEX Limited has completed a $900,000 placement to fund exploration across its Queensland gold and rare earth element projects, while reporting a cash balance of $98,000 at quarter-end. Key drilling results are awaited as the company progresses multiple tenements and JV discussions.

Moonlight Resources has kicked off its ASX debut with promising gold drilling results at its Clermont project, confirming significant mineralisation and setting the stage for accelerated exploration.