Latest Queensland News

Green & Gold Minerals has reported promising drill results from its Chillagoe Gold Project, extending mineralisation at Little Wandoo and confirming high-grade zones at Mt Wandoo. These findings suggest potential resource growth and increased confidence ahead of a planned resource update.

Yari Minerals’ latest drilling results at the Rolleston South Coal Project reveal thicker-than-expected coal seams with promising low-ash, high-yield qualities, hinting at a potential upgrade to semi-soft metallurgical coal.

Vysarn Limited has reported record FY25 profits and is aiming for a 33% NPBT increase in FY26, driven by acquisitions and progress on the Kariyarra Water Scheme. The company is expanding its national footprint amid growing water demand in mining and infrastructure sectors.

QGold Pty Ltd has initiated an unconditional on-market takeover offer for all shares in Venus Metals Corporation Limited at a 21% premium, aiming to consolidate control and potentially delist the explorer.

Ballymore Resources’ maiden reverse circulation drilling at the historic Torpy’s silver-lead-zinc mine reveals significant high-grade mineralisation, prompting a strategic pause for downhole EM surveys to refine exploration targets.

Lightning Minerals has raised A$2.5 million to fund an aggressive Phase 2 drilling program at its Mt Turner Gold Project, following promising Phase 1 results that revealed significant gold mineralisation along a 12km strike.

NRW Holdings capped FY25 with strong financials and a strategic acquisition, setting the stage for an optimistic FY26. The addition of Fredon Industries expands NRW’s footprint and diversifies its service pillars amid challenging market conditions.

PeopleIN Group reported a challenging FY25 with revenue down 6.5% and EBITDA down 10%, yet strengthened its balance sheet through debt reduction and a strategic sale. The company is poised to capitalise on Queensland's infrastructure boom and Defence sector opportunities.

Zenith Minerals reports significant new gold intercepts at its Red Mountain Project, revealing an expanding intrusion-related gold system with increasing grades to the north. The findings refine the geological model and identify fresh drill targets for 2026.

Greenvale Energy Limited has closed its Share Purchase Plan, offering shareholders shares at $0.044 each with free attaching options exercisable at $0.07 until November 2026. The final subscription outcome will be announced on December 4.

Native Mineral Resources has surpassed 1,000 ounces of gold production at its Blackjack Gold Project, marking a key transition to steady-state operations. The company is also advancing critical infrastructure and environmental approvals to support future growth.

Sunshine Metals has upgraded its shallow gold resource at the Liontown prospect by 14%, enhancing contained ounces and grade ahead of a mining study due in January 2026. The company is advancing drilling and environmental permitting as it targets first production next year.