Latest Queensland News

Xstate Resources has exited its Californian gas interests, transferring production and liabilities to Australian Oil and Gas Co, as it pivots to concentrate on its promising Diona project in Queensland.

Yari Minerals has completed four drillholes at its Rolleston South Coal Project, confirming thick, continuous coal seams and progressing towards upgrading part of its 190.1 Mt Inferred Resource to Indicated status.

EQ Resources Limited has successfully raised $34 million through a share placement, aiming to accelerate development at its Carbine Vein project and strengthen its balance sheet amid robust tungsten market conditions.

Savannah Goldfields reports promising assay results from its Georgetown Gold Project, highlighting a significant gold intercept at the Electric Light Prospect and completion of a key drilling program.

Reef Casino Trust estimates a higher full-year distribution for 2025, driven by a robust second half boosted by Cairns’ busy tourist season and increased gaming revenues.

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.