Business · Companies · 16 hrs ago

QMines agrees to buy land for planned Mt Chalmers mine infrastructure

QMines agrees to buy land for planned Mt Chalmers mine infrastructure

QMines has agreed to buy 25 land parcels beside its Mt Chalmers copper-and-gold project in Queensland, Australia.

The parcels cover 209.61 hectares and are 17 kilometres northeast of Rockhampton.

The company agreed to pay $5.5 million after more than two years of negotiations with the Woods family.

The land is intended for a processing plant, tailings storage and a water dam, but those plans depend on final design and regulatory approvals.

Securing the site could help geotechnical work, engineering and environmental monitoring move ahead while reducing land-access risks.

QMines is also drilling at nearby Botos and preparing a drilling program at Woods Shaft to test whether the wider resource can grow.

The company aims to submit its environmental application in the first half of 2027, according to its current plans.

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What people are saying

Andrew SparkeQMines executive chairman
This is a significant milestone for QMines and the culmination of more than two years of negotiations with local landholders
via Stockhead
Securing these strategically important properties represents another major step towards developing Mt Chalmers into Queensland’s next copper and gold mine
via Stockhead