Latest Queensland Government News

Canterbury Resources reports encouraging initial assay results from deep drilling at its Briggs copper deposit, confirming robust mineralisation and extending exploration potential. Further results and drilling progress are set to shape the project's next phase.

New Hope Corporation reported a 7.1% rise in quarterly saleable coal production and a 15.5% jump in underlying EBITDA, driven by operational improvements and easing logistics. The company declared a fully franked dividend and set a cautiously optimistic FY26 production target amid ongoing challenges.

Basin Energy has engaged contractors and secured land access to begin maiden drilling at its Sybella-Barkly project, targeting uranium and rare earth elements with government support. The program aims to test district-scale sediment-hosted and paleochannel targets in Queensland.

Alma Metals has extended its drilling program at the Briggs Copper Project, confirming strong porphyry copper mineralisation consistent with its resource model and initiating new exploration to the northwest.

Canterbury Resources has successfully completed a deep drill hole at its Briggs Copper Project, intersecting continuous porphyry copper mineralisation and extending its drilling program to explore further along strike.

Metal Bank Limited is advancing its Western Australia gold strategy with significant resource development at Livingstone and a binding agreement to acquire Hastings Technology Metals’ WA gold assets, while also progressing critical minerals projects in Queensland and Saudi Arabia.

Basin Energy has acquired NeoDys Limited, gaining a substantial uranium and rare earth exploration package in Queensland, and launched a $1.25 million capital raise to fund maiden drilling in late 2025.

Blue Energy has been granted a critical petroleum lease in Queensland and completed a $5.8 million capital raise, positioning itself to meet rising gas demand aligned with the Queensland Government’s new Energy Roadmap.

The Star Entertainment Group reported a 5% revenue increase in Q1 FY26 and a halving of its EBITDA loss, while navigating regulatory challenges and advancing a major joint venture exit.

Alpha HPA has finalized a $30 million royalty funding agreement with Queensland's QCMBTF, receiving $27 million to support Stage 2 of its HPA First Project and general corporate needs. Concurrently, the company progresses a $400 million senior debt financing with Australian government lenders.

Zenith Minerals has validated a large-scale gold system at its Red Mountain project and initiated its largest ever drilling campaign at Consolidated Dulcie, backed by a strong A$11.15 million capital raise.

Lithium Energy Limited is progressing exploration and development across multiple battery mineral projects following the sale of its flagship Solaroz Lithium Project, while working to meet ASX reinstatement conditions.