Latest Queensland News

Greenvale Energy has wrapped its inaugural uranium drilling season at the Oasis Project with impressive assay results, confirming significant high-grade mineralisation and setting ambitious exploration targets for 2026.

GemLife has secured a $21 million greenfield site in Townsville, Queensland, aiming to develop over 500 new homes and boost its Land Lease Community portfolio.

QMines Limited’s initial drilling results at Mount Mackenzie confirm high-grade gold and silver mineralisation, reinforcing the project’s potential within their Central Queensland hub strategy.

Carnaby Resources has reported significant new high-grade copper-gold drill results at its Greater Duchess Project, including a standout 6m at 12.6% copper equivalent at Trek 1. These discoveries extend mineralisation well beyond existing resources and bolster the ongoing pre-feasibility study.

APA Group has agreed to sell its 20% stake in the Allgas gas distribution network to Stonepeak affiliates, marking another step in its strategy to simplify operations and focus on core growth areas.

Locality Planning Energy Holdings has reached a confidential settlement over its Harbour Towers dispute, anticipating a net gain and cash inflow in FY2026. This resolution reverses prior impairment losses and signals a positive financial turn for the embedded energy provider.

Pacgold has secured approval to restart heap leach irrigation at its White Dam Gold Project and is progressing a significant drilling campaign to upgrade resources, setting the stage for a production restart in 2026.

Basin Energy has completed its initial drilling phase at the Sybella-Barkly rare earth and uranium project, significantly expanding its landholding and setting the stage for further exploration in 2026.

Savannah Goldfields reports steady gold production at its Georgetown plant, with new feedstock from historic sites and a third-party toll treatment agreement supporting continuous operations.

Comet Ridge Limited is set to acquire Santos’s 42.86% stake in the Mahalo Gas Project, consolidating full ownership and operator status. This move significantly increases the company’s gas reserves and positions it to better serve the east coast domestic gas market.

GrainCorp announces the sale of its Canadian joint venture GrainsConnect to Parrish & Heimbecker for C$150 million, alongside a trading update revealing lower expected grain receivals in Australia’s 2025-26 winter harvest.

Austral Resources has been granted the Canyon EPM 28881, establishing a strategic 6km copper oxide exploration corridor adjacent to its Mt Kelly and McLeod Hill operations. The new tenement offers promising undrilled copper oxide mineralisation and sets the stage for a 2026 drilling campaign aimed at expanding Austral’s resource base.