Latest Queensland News

Bank of Queensland announces a $295 million capital return combining a fully franked 15-cent special dividend and a $196 million on-market buy-back following the sale of its equipment finance portfolio and completion of ME digital migration.

Iltani Resources has intercepted significant lead, zinc, and copper sulphides over a 1,230m strike at its Union Jack Prospect in Northern Queensland, validating geophysical VTEM targets and setting the stage for expanded exploration within the Herberton Project.

Alice Queen has deployed a dual-purpose drill rig to Horn Island, initiating a multi-phase program aimed at expanding its substantial gold resource and exploring new mineralised zones.

Eastern Gas Corporation has initiated drilling of the Venus-2H horizontal appraisal well in Queensland’s Surat Basin, marking a significant advancement in evaluating its contingent gas resources and potential commercial development.

Basin Energy has kicked off follow-up drilling at its Newmans rare earth discovery in northwest Queensland, aiming to confirm continuity along a 3.3 km mineralised corridor. Assay results are expected by mid to late September, marking the start of a busy second half of 2026 for the company.

Talius has secured a substantial $850,000 purchase order from New Zealand’s Hato Hone St John, adding 8,000 devices and boosting its recurring revenue by $55,000 annually.

Yari Resources (ASX: YAR) is set to double its Bowen Basin coal resource to over 500 million tonnes through a binding conditional acquisition of the Arcadia Coal Project, backed by a $2.2 million placement.

Coppermoly Limited's Managing Director and CEO Dickson Leah has resigned for personal reasons but will oversee a handover as the board searches for a successor. The company continues to focus on its expanding copper, gold, and critical minerals portfolio across Queensland and Western Australia.

Iris Cairns Property Trust has secured over 80% of Reef Casino Trust units, making its $3.87 per unit takeover offer unconditional and setting a firm 14 August deadline without extension.

Austral Resources has locked in $15 million from QIC’s Queensland Critical Minerals Fund to advance expansion planning at its Rocklands copper processing facility, aiming to boost capacity beyond 3Mtpa and extend operational life through 2034 and beyond.

Omega Oil & Gas is drilling ahead at the Canyon-3 appraisal well in Queensland’s Taroom Trough, targeting extensive Permian reservoirs that could define a significant new oil and gas province.

Australian Silica Quartz Group (ASQ) has secured mining approval and completed the acquisition of Australian Kaolin, positioning its White Swan Kaolin Project for production with a 47.3Mt inferred resource and a 250,000tpa direct shipping ore operation.