Latest Queensland News

Ballymore Resources has initiated a 1,000m diamond drilling program at the Seventy Mile Mount breccia pipe within its Ravenswood Project, aiming to unlock bulk-tonnage gold mineralisation at depth. This follows promising historic and recent drill results indicating improving gold grades below shallow intersections.

Antares Metals is set to begin a 1,000m drilling campaign at its Queens Gift uranium project, aiming to expand mineralisation and upgrade its resource classification to JORC 2012 standards.

Basin Energy has engaged contractors and secured land access to begin maiden drilling at its Sybella-Barkly project, targeting uranium and rare earth elements with government support. The program aims to test district-scale sediment-hosted and paleochannel targets in Queensland.

Medibank is set to acquire Better Medical, a network of 61 GP clinics across four states, for approximately $159 million, enhancing its primary care footprint and preventive health initiatives.

Elixir Energy has received a $3.861 million R&D tax refund, providing crucial funding for its upcoming Taroom Trough appraisal drilling and production testing programs.

City Chic Collective reports solid revenue growth driven by a 10% increase in ANZ sales and a resilient, profitable US business despite tariff challenges.

True North Copper has announced strong assay results from its Phase 2 drilling at the Mt Oxide Project, extending the Aquila Trend copper-silver-cobalt mineralisation to over 500 metres with promising potential for further growth.

Cannindah Resources has identified a 400-metre strike extension of copper-gold-molybdenum mineralisation at its Southern Target within the Mt Cannindah Project, Queensland, expanding the porphyry system footprint significantly. The company is advancing its drill program with scout drilling planned imminently to test this promising zone.

Cash Converters International Limited (ASX – CCV) has announced a fully underwritten $25 million equity raising to finance the acquisition of a 29-store Australian franchise network, aiming to expand its corporate footprint and accelerate growth.

IVE Group has inked a long-term marketing services agreement with Domino’s Pizza Enterprises and expanded its footprint through acquisitions of Impressu Print Group and Budget Mail Services.

Galilee Energy has appointed industry veteran Joseph Graham as its new CEO, signaling a strategic push to strengthen operational leadership and advance its Queensland gas assets. This leadership change coincides with Executive Chairman Ray Shorrocks stepping back to a non-executive role.

Alma Metals has extended its drilling program at the Briggs Copper Project, confirming strong porphyry copper mineralisation consistent with its resource model and initiating new exploration to the northwest.