Latest Queensland News

QPM Energy Limited has announced a $30 million equity raise to support the development of its Isaac Power Station, advancing toward a final investment decision in March 2026 and commissioning by mid-2027. The funding package, complemented by a $113.7 million lease agreement and a $40 million convertible note, underpins a project poised to strengthen Queensland’s energy transition.

QPM Energy has raised $30.3 million through an oversubscribed share placement and signed a $40 million convertible note term sheet, paving a clear funding path for its 112MW Isaac Power Station project.

Koba Resources has reported exceptionally high tin grades up to 21.3% from initial sampling at its Mt Garnet Tin-Tungsten Project, Queensland, confirming a large, underexplored soil anomaly and advancing plans for drilling in early 2026.

Tartana Minerals has postponed its planned drilling at the Beefwood copper-gold prospect in Far North Queensland due to persistent wet conditions, resulting in the loss of government funding and a rescheduled timeline for 2026.

Rubix Resources has reported promising assay results from its 2025 drilling campaign at the Paperbark Project, revealing significant zinc-lead mineralisation and encouraging copper signatures beneath the JB Zone and at Grunter North.

Native Mineral Resources Holdings Limited has entered a binding joint venture with Haoma Mining NL to develop the Ravenswood Gold Project, leveraging NMR’s Blackjack Operations as a regional processing hub.

New Frontier Minerals has kicked off a significant reverse circulation drilling program at its Harts Range project, aiming to unlock deeper deposits of heavy rare earth elements vital for advanced technologies.

Lithium Energy Limited has launched an extensive infill drilling campaign to merge its adjacent Burke and Mt Dromedary graphite deposits into a single high-grade resource, aiming to strengthen its position amid tightening Chinese export controls on graphite materials.

Big River Industries Ltd (ASX, BRI) is set to acquire John’s Building Supplies, a leading Western Australian distributor, in a $17 million deal that promises immediate earnings accretion and strategic growth in the WA market.

Metcash Limited reported steady FY26 half-year results with modest revenue growth, strong cash flow, and resilience amid tobacco sales decline. The company’s digital B2B marketplace 'Sorted' is rapidly expanding, underpinning future growth prospects.

Larvotto Resources has secured an exclusive option to acquire the historically mined Blockade Mine in Mt Isa, Queensland, with plans for a targeted drilling program to validate and expand known copper mineralisation. This move could pivot Larvotto’s Mt Isa project from exploration to development.

APA Group has entered a joint development agreement with CS Energy to build and own a 400MW gas peaking power plant in Queensland, aiming to bolster energy security and support renewable integration by 2028.