Latest Queensland News

ABx Group Limited reports promising rare earth exploration results in Tasmania, steady progress on its ALCORE fluorine recycling pilot plant, and advancing bauxite mining projects in Queensland and Tasmania, while managing funding challenges.

Moho Resources has completed the sale of its Empress Springs Project, securing over $700,000 in cash inflows, while unveiling a significant new gold anomaly at its Silver Swan North Project in Western Australia.

C29 Metals has announced its strategic exit from Kazakhstan to concentrate on advancing its Australian copper and gold projects, notably the Mayfield site, with $1.05 million cash in hand.

Comet Ridge Limited has made significant progress in its Mahalo Gas Hub development, advancing engineering design, certifying substantial new gas reserves, and securing extended financing to support a Final Investment Decision.

True North Copper has reported a significant new high-grade copper-cobalt-silver discovery at its Mt Oxide Project alongside expanded copper-gold-cobalt zones at the Great Australia Mine, underpinning its growth ambitions in Northwest Queensland.

Galilee Energy reported operational cost reductions and a $2.8 million cash balance following a partial capital raise, while progressing a farm-out process for its Denison Trough permit.

Strategic Energy Resources has secured $2 million through a share placement to acquire the Diamantina Copper-Gold Project and advance drilling programs across Queensland. The capital raise signals renewed momentum in the company’s copper-gold exploration strategy.

Superior Resources Limited has expanded its copper exploration strategy to include high-grade copper-gold targets alongside porphyry prospects, while progressing the Steam Engine Gold Project towards early production within two years.

Maronan Metals has significantly upgraded its Maronan deposit resource, doubling indicated silver-lead tonnage and adding near-surface copper-gold resources, setting the stage for imminent economic assessment results and development progress.

QMines Limited reports strong drilling results at Develin Creek and completes Mount Mackenzie acquisition, significantly expanding its resource base and advancing its Mt Chalmers Pre-Feasibility Study.

Alma Metals has bolstered its Briggs Copper JV Project with a $1.06 million capital raise and an updated resource estimate that now includes silver. The company is progressing a scoping study and preparing for significant drilling to unlock further value.

Omega Oil and Gas reports strong appraisal progress at its Canyon Project, highlighting premium light crude oil and multiple stacked pay zones, supported by a robust $15.1 million pro forma cash position.