Coal plays proved to be the best performing miners, with four of the top 10 companies by market capitalisation being made up of coal miners.
New Hope Corporation debuted at number two, Felix Resources was in at number four and Macarthur Coal and Whitehaven Coal were numbers six and seven respectively.
New Hope was also one of the best performing resource stocks, with its market capitalisation rising $292 million or 10.5% to $3 billion.
The market capitalisation of Caledon Resources jumped 216% or $90 million to $132 million in the March quarter.
Market capitalisations of Queensland energy and resources companies increased by 9.8% ($2.3 billion) in the March quarter, compared with a slight 0.8% increase in the overall Deloitte Queensland Stock Index.
“Management of mining companies are focusing closely on fine-tuning work forces and business processes and pursing all avenues that ensure optimal performance and a longer-term survival,” Deloitte corporate finance partner Robin Polson said.
The overall value of the Energy & Resources Index dropped $6.6 billion, due to the delisting of Sunshine Gas and Queensland Gas Company in the quarter.
