Latest Queensland News

New Frontier Minerals has completed a $2.25 million placement to professional investors, issuing over 107 million shares and promising additional attaching options early next year. This capital injection aims to accelerate exploration at its key projects in the Northern Territory and Queensland.

Dart Mining’s drilling at Great Divide Mining’s Coonambula project reveals continuous massive stibnite mineralisation over a 300m strike, reinforcing the potential for a significant antimony-gold resource. Further drilling and analysis aim to define a JORC-compliant resource.

Superior Resources reports encouraging coarse-grind metallurgical test outcomes for its Steam Engine Gold Project, reinforcing previous studies and supporting ongoing development plans.

Greenvale Energy has raised approximately AUD 856,000 through an oversubscribed Share Purchase Plan, strengthening its uranium exploration efforts in Queensland and the Northern Territory.

Savannah Goldfields has poured nearly 7kg of doré at its Georgetown Gold Processing Plant, marking steady progress in gold production and setting the stage for upcoming mining at Big Reef and Agate Creek.

Ballymore Resources has reported outstanding first assay results from its maiden drilling at the Torpy’s prospect, revealing exceptional grades of silver, lead, zinc, and critical indium. These findings highlight the prospect’s potential as a significant polymetallic discovery within the Ruddygore Project.

De.mem Limited has successfully integrated Core Chemicals Pty Ltd, exceeding initial revenue expectations and setting the stage for geographic and sector expansion in the Australian gold mining chemicals market.

Dart Mining NL reports consistent massive stibnite intersections across a 300m strike at its Coonambula Antimony-Gold Project, advancing drilling efforts and aiming for a JORC-compliant resource. The project’s potential is bolstered by historical and recent high-grade antimony and gold mineralisation.

Pacgold has finalized its acquisition of the White Dam Gold Operation in South Australia, setting the stage for a near-term production restart with modest capital investment. The move complements its Queensland projects and offers a clear path to cash flow.

Regis Healthcare has agreed to sell two aged care homes in Far North Queensland to Ozcare, securing a $25 million pre-tax gain and signaling a strategic portfolio shift towards premium locations.

Bendigo and Adelaide Bank reveals a strategic acquisition of RACQ Bank’s retail portfolio and outlines a comprehensive AML remediation plan, positioning itself for growth and enhanced operational resilience.

Bendigo and Adelaide Bank has agreed to acquire RACQ Bank’s retail lending assets and deposits, expanding its customer base and enhancing geographic diversity. The deal is expected to be accretive to earnings and align with the bank’s 2030 return targets.