News & Events

Statement by QEC Chairman on EDI funding

Emma Haigh : 05/06/2017

The Queensland Exploration Council (QEC) is disappointed that there is no future funding allocated in the Commonwealth Budget for the Exploration Development Incentive (EDI).

The EDI has operated since 2014-15 and encouraged shareholder investment in small exploration companies undertaking greenfield mineral exploration. A government review into the effectiveness of the EDI has been conducted over the past year but the final report has not yet been delivered. The government appears to have withdrawn funding before adequately considering the findings of the review.

A number of QEC member organisations have utilised the EDI since the scheme was introduced in 2014-15. The incentive was modelled around elements of a similar scheme that operates in Canada. Such a scheme requires a longer term commitment from government to maximise the value to the exploration industry. The flow-through share scheme in Canada  has been operating for about 40 years and the Canadian Government has recently extended the scheme. In addition, many Canadian provinces provide additional incentives for individuals to invest in exploration projects.

Exploration is the lifeblood of the minerals industry, and funding has been scarce during the recent mining industry downturn. Removing future funding for the EDI will lessen Australia’s attractiveness from an exploration investment standpoint, particularly compared to the likes of Canada.

Media contact: Anthony Donaghy 0412 450 360

Explorer Investor Forum popular

Caroline Morrissey : 17/03/2017

There was a good roll up for the March QEC/McCullough Robertson Explorer Investor Forum where Simon Finnis gave an up-to-the minute update on Metro Mining’s Bauxite Hills project.

And Executive Chairman & CEO of Moreton Resources Jason Elks outlined the company’s bid to turn part of its major South Burnett asset near Coolabunia into a working coal mine.

Click here for the presentations.

Simon Finnis

Jason Elks

Click here for a photo gallery

Successful Technical Forum

Caroline Morrissey : 21/02/2017

About 100 people attended QEC’s 2017 Technical Forum, and enjoyed an outstanding lineup of speakers.  The theme of Technologies for Future Minerals and Energy proved of great interest with new mineral and energy deposits becoming harder to find under deeper cover. An animated Minister for Natural Resources and Mines gave a rousing introduction and much encouragement to Queensland’s exploration community, with his passionate support for the sector.

For a picture gallery of the event, click here.

Click here for papers from the event.

Latest news

Caroline Morrissey : 12/12/2016

Queensland fourth in world for mineral riches

Queensland has jumped up the global ladder as the fourth best jurisdiction in the world for our mineral potential and the 10th best jurisdiction as an investment destination.

Queensland’s geological assets are globally well known, with one of the richest and diverse mineral provinces in the world, some of the best quality coal in the world, and home to the world’s first coal-seam gas to liquefied natural gas operations.

Click here for the full media release.


206 Queensland Exploration Scorecard Out

The 2016 QEC Exploration Scorecard has been launched by the Minister for Natural Resources and Mines Dr Anthony Lynham.

Click the headline to download your copy

Click here for the media release

Click here for image gallery from the event

Entrepreneurship in the Australian Mining Industry

Caroline Morrissey : 11/11/2016

Entrepreneurship in the Australian Mining Industry: Pull the Plug or take the plunge. Click the headline to read the outcome of research by the University of Queensland’s study, which was supported by QEC, The Australian Government’s Australian Research Council and the Queensland Resources Council.

Resources still vital to Queensland economy

Caroline Morrissey : 03/11/2016

Queensland’s resources sector still provides one in every $5 of the state’s economy and one in every seven jobs. Continue reading for all the details of the Queensland Resources Council’s latest economic contribution data.

2016 QEC Capital Raising Seminar

Emma Haigh : 13/10/2016

Thank you to everyone who attended the 2016 QEC Capital Raising Seminar.

The seminar was hosted by QEC Gold Sponsor and event platinum sponsor EY, along with McCullough Robertson and the Queensland Government.

The program included highly-regarded analysts, trade commissioners, industry professionals and explorers, who shared their valuable experience and knowledge with explorers.

Click here for presentations from the 2016 event 

Click here for photo gallery of  2016 event

Exploring Queensland – QEC’s monthly newsletter

Caroline Morrissey : 15/08/2016

Exploring Queensland – September 2016 – Volume 1 Number 4

Exploring Queensland – August 2016 – Volume 1 Number 4

Exploring Queensland – July 2016 – Volume 1 Number 3


Exploration news

Caroline Morrissey : 13/11/2015

Exploring Queensland

Click here for the QEC monthly newsletter Exploring Queensland.  This newsletter provides a roundup of exploration related news.

Exploring Queensland – July 2016 Volume 1 Number 3

Exploring Queensland – June  2016 – Volume 1 Number 2

Exploring Queensland – May 2016 – Volume 1 Number 1

QEC runs ruler over state of exploration

Queensland’s minerals and energy exploration sector put policy and regulations under the microscope in the fifth annual Exploration Scorecard.

The edition marks the mid-point of a decade-long journey, a key milestone for reflection of achievements and charting a course of what needs to be achieved over the next five years to achieve QEC’s 2020 for Queensland to be recognised as an exploration leader.

In a challenging market of low cyclical commodity prices – offset in part by a lower Australian dollar – the scorecard results were on par with industry expectation, with a slight stall in overall progress for 2015.

Despite this however, for the second year in a row, the explorer survey recorded strong improvements in perceptions of exploration permit processing.

Queensland Resources Council (QRC) Chief Executive Michael Roche said the fundamentals of exploration in Queensland were irresistible.

‘It’s no secret that the short-term outlook for commodities is weak but it is a common malaise, and not a point to structural decline,’ Mr Roche said.

For the full story and a copy of the document click here:

Click here for the full story

QEC Explorer Investor Forums

Emma Haigh : 29/10/2015

The QEC’s Exploration Investor Forums showcase the potential of Queensland exploration companies’ projects. These regular forums feature presentations from  companies seeking investment support from potential investors.

These events are held quarterly at the premises of QEC Gold Sponsor McCullough Robertson.

To view past presentations from these forums, click here.

If you would like to present at one of these highly sought after forums, please contact QEC’s Manager Caroline Morrissey


McCullough Robertson – our Investor Forum hosts









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