Jessica Mascione joined Business News in August 2019 and commenced as the online reporter in October. She covers a variety of topics for online, including junior mining. In 2019, Jessica completed a Bachelor of Media at the University of Adelaide in South Australia, with a major in Journalism. She completed a Bachelor of Commerce (Marketing and Advertising) at Curtin University in 2014.
Renowned geologist and company director Terry Grammer has passed away after a short-term illness, with former colleagues and industry figures highlighting his role in some of Western Australia's biggest mineral discoveries.
Engineering and construction company Decmil has replaced Scott Criddle as chief executive, amid a $29 million write-down of its Homeground Gladstone accommodation village in Queensland and the launch of a $40 million capital raising.
The Housing Industry Forecast Group (HIFG) has downgraded its estimate on the number of dwellings to be built in Western Australia for the current financial year, with the updated figure almost 20 per cent lower than FY19.
Gold explorer Middle Island Resources has received commitments to raise $4 million under a share placement, with the proceeds to fund continued drilling at the company’s Sandstone project in Western Australia.
Horizon Minerals has begun early stages of mining at its Boorara gold project, with first production expected in July, while explorer Bardoc Gold says a definitive feasibility study for its namesake project in Kalgoorlie is underway.
Passenger numbers at Perth Airport have fallen more than 1 million since April last year, with the airport also raising concern about its financial position after being left with outstanding payments from its two largest airlines.
The state government’s $2 billion Morley-Ellenbrook rail project has been given the go-ahead from Infrastructure Australia, though the national body questioned some of the benefits and found they would just outweigh the costs.
The state government is fast-tracking tenders for $2.37 billion in transport infrastructure projects, while also ensuring small- and medium-sized contractors have an opportunity to be involved in smaller packages of works.
Decmil has confirmed its involvement in the state government’s Bayswater Station upgrade as a sub-contractor while also locking in works with Queensland's Department of Transport, sending its shares up by more than 60 per cent.
Saracen Mineral Holdings has posted record gold production for the March quarter, while fellow miner Northern Star Resources said today it expected a strong improvement after operations were hit by COVID-19 restrictions.
Agricultural exporters from Western Australia, including beef and pork producers, have received further assistance, with the state government joining the federal government in subsidising international flights to carry their goods.
Mining companies are scaling back their operations, with Newmont Corporation and Kirkland Lake Gold cutting exploration in Australia and others including Rio Tinto shelving some of their international mines.