Latest Queensland News

Eildon Capital Group has entered a joint venture to acquire a large sandalwood plantation in Queensland’s Burdekin Irrigation District, while unveiling a strategic update to its operating model aimed at driving disciplined growth and enhanced returns.

Dart Mining NL has raised A$2.86 million through a discounted share placement to fund drilling at its key Queensland projects, with shareholder approval pending for the bulk of the capital raise and related options.

Ballymore Resources has initiated a 30-day induced polarisation survey at the historic Andromache copper-gold prospect, backed by a $150,000 government grant, aiming to reveal deeper copper sulphide mineralisation and advance its Dittmer Project exploration.

Savannah Goldfields launches an 80-hole drilling campaign targeting extensions of key gold deposits near its Georgetown plant, aiming to secure near-term oxide gold feed and extend production life.

Savannah Goldfields has announced its maiden Ore Reserve at the Agate Creek Gold Project in Queensland, confirming 36,800 ounces of gold ready for production. This milestone supports the company’s plans to restart mining operations and secure financing.

Savannah Goldfields has updated its Agate Creek Mineral Resource to 422,000 ounces of gold, reflecting improved confidence and a shift to a more robust estimation method. The combined Agate Creek and Georgetown Projects now hold over half a million ounces of gold.

Dexus Industria REIT reported robust FY25 financials, marked by resilient income growth and strategic portfolio repositioning to 100% industrial assets. Key acquisitions and divestments, alongside a $230 million development pipeline, position the REIT for sustained growth.

Insurance Australia Group (IAG) reported a robust 51.3% increase in net profit after tax for FY25, driven by premium growth, operational efficiencies, and favourable natural peril experience. The company also announced strategic alliances with RACQ and RAC, poised to significantly expand its market footprint.

Insurance Australia Group Limited (IAG) reported a 51.3% rise in net profit after tax for FY25, supported by premium growth, improved margins, and key strategic alliances. The company also advanced its sustainability agenda with full renewable energy procurement and emissions reductions.

Tartana Minerals has secured an additional $0.5 million in non-dilutive financing with plans to refinance into convertible notes, pending shareholder approval at the upcoming AGM.

The Star Entertainment Group has executed binding agreements to exit its 50% stake in the Destination Brisbane Consortium, while consolidating full ownership of key Gold Coast hotels. The transaction unfolds in two stages, reshaping the company’s asset portfolio and financial commitments.

Fortescue has approved a $3 million exploration budget for Strategic Energy Resources’ Canobie Project, setting the stage for a significant diamond drilling campaign targeting copper-gold mineralisation in northwest Queensland.