Latest Queensland News

Beach Energy reported an 8% increase in production to 5.0 million barrels of oil equivalent in Q1 FY26, driven by strong performance in the Otway Basin and Cooper Basin flood recovery. Sales revenue rose 18% to $537 million, supported by two LNG cargoes from the Waitsia Gas Plant, which is now approaching its Ready For Start Up milestone.

PWR Holdings announces a pivotal leadership transition alongside the completion of its new global headquarters, reporting a transitional FY25 with mixed financial results but a confident outlook for FY26.

De.mem Limited has acquired Core Chemicals Ltd for approximately $3 million, significantly expanding its footprint in the Australian gold mining sector and enhancing its pro-forma EBITDA to $1.6 million.

Queensland Brine Solutions has locked in a strategic 10-hectare site to develop its Queensland Brine Management Complex, aiming to transform waste brine from the coal seam gas industry into valuable green chemicals.

AuKing Mining advances its strategic acquisition of Orion Resources and the Cloncurry Gold Project while securing a $5 million loan facility and progressing exploration across multiple continents.

Ark Mines has secured Environmental Authority approval for its Sandy Mitchell Rare Earths project in Queensland, marking a crucial step towards obtaining its Mining Licence. The company has also completed a major drilling program, setting the stage for an upcoming Pre-Feasibility Study.

Alma Metals is advancing its Briggs Copper Project with a deep diamond drill hole underway and the scoping study nearing completion, supported by a Queensland Government grant and solid financial footing.

Carnaby Resources has completed the acquisition of the remaining 17.5% stake in the Greater Duchess Copper Gold Joint Venture, gaining 100% ownership and full operational control. This strategic move positions Carnaby to accelerate development and unlock the project’s significant copper-gold potential.

Metro Mining Limited achieved record quarterly bauxite shipments with improved cost efficiency, yet a recent operational outage and river constraints have prompted a downward revision of its 2025 production forecast.

Native Mineral Resources reports a successful ramp-up of gold production at its Blackjack plant, delivering nearly 700 ounces of refined gold and securing $10 million in fresh capital to fuel ongoing operations and exploration.

Stockland has reaffirmed its FY26 financial guidance following a strong first quarter marked by solid sales in masterplanned and land lease communities and positive leasing outcomes across its commercial portfolio.

AIC Mines reports robust production and cash flow from Eloise, advances Jericho development with promising drilling, and kicks off a major processing plant expansion.