Latest Queensland News

Metgasco has agreed to sell its 25% stake in key Cooper Eromanga Basin gas fields to Vintage Energy for $5.9 million, marking a significant shift in its business focus. The deal hinges on Vintage securing funding and acquiring additional interests, with shareholder approval required.

Metgasco Ltd has entered a conditional agreement to sell its 25% stake in two gas fields in the Cooper Eromanga Basin to Vintage Energy for $5.9 million, marking a significant shift in its asset portfolio.

Tartana Minerals partners with Alt Resources in a $2 million joint venture to accelerate exploration of critical metals in Far North Queensland, focusing on tin, tungsten, and rare earth elements.

Regis Healthcare reported robust FY25 financial results and outlined ambitious expansion plans targeting 10,000 beds by FY28, while urging urgent government reforms to address the sector’s undersupply of quality aged care.

True North Copper has announced a major breakthrough at its Mt Oxide Project, hitting a standout 7 meters at 7.9% copper at the Aquila Prospect, extending the mineralised strike to over 700 meters and confirming a robust copper-cobalt-silver system.

WestStar Industrial’s subsidiary Alltype Engineering has landed approximately $40 million in contracts spanning gas, water, and petrochemical sectors, including a major gas facility in the Northern Territory’s Beetaloo Basin.

Bank of Queensland has updated its dividend details, confirming a fully franked 20-cent payout for the half-year ending August 2025, alongside a refined Dividend Reinvestment Plan price and currency options for shareholders.

New Hope Corporation reported a 7.1% rise in quarterly saleable coal production and a 15.5% jump in underlying EBITDA, driven by operational improvements and easing logistics. The company declared a fully franked dividend and set a cautiously optimistic FY26 production target amid ongoing challenges.

Sunshine Metals has reported compelling final assay results from its recent diamond drilling program at the Sybil project, confirming significant high-grade gold mineralisation and paving the way for expanded exploration in early 2026.

Recent drilling by Hastings Technology Metals at the Seven Leaders prospect confirms high-grade near-surface gold mineralisation, underpinning a maiden resource estimate. Metal Bank’s pending acquisition of the Whiteheads Gold Project signals a strategic shift toward gold production.

Lightning Minerals confirms a large-scale gold mineralised system extending over 12km along the Drummer Fault at its Mt Turner Project, with high-grade intersections and multiple new targets identified.

Red Metal Limited has achieved a significant metallurgical breakthrough at its Sybella Rare Earth Project, using ion exchange resins to enrich rare earth elements nine times while drastically cutting impurities and costs.