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.
Curious Planet, formerly known as Australian Geographic, will close all 63 of its stores in Australia over the next eight weeks after the owner's administrators were unable to find a suitable buyer for the struggling retailer.
EcoGraf, formerly Kibaran Resources, has signed a letter of intent with GR Engineering Services for its proposed battery graphite facility in Kwinana, which is budgeted to cost just more than $100 million.
The federal government has announced a $50 million emergency fund to address the loss of wildlife during the nation’s bushfire season, as more Australian businesses have pledged millions in combined donations.
Tech company Elsight has received commitments to raise $2.9 million from a share placement to Hong Kong-based investors, with the proceeds being used to fast-track sales of its flagship communications platform.
Independence Group’s Nova and Tropicana mines in Western Australia have achieved strong preliminary results, with first-half metal production exceeding guidance by around 9 per cent and 10 per cent respectively.
Mineral Commodities will move to 90 per cent ownership of the Munglinup graphite project in Western Australia after striking a deal worth $9.8 million with joint venture partner Gold Terrace. It comes after completion of a definitive feasibility study that put a $US61 million cost on the project.
Flinders Mines says it has identified a viable mine plan for its Pilbara iron ore project (PIOP), ahead of a crucial shareholder meeting to approve a joint venture with infrastructure company BBI Group.
P&N Bank and Bendigo and Adelaide Bank are among 27 lenders, including just two of the big four banks, now eligible to offer mortgages under the federal government’s first home loan deposit scheme, aimed at low and middle income earners.
Shares in Decmil closed down 9 per cent today after the Perth-based contractor said it was facing a delay in payment of about $14 million owing from its work on the Sunraysia solar project in New South Wales.
Azumah Resources has told its shareholders it will need to conduct a capital raising early next year to fund its share of the Wa gold project, if suitor Ibaera Capital is not able to achieve full ownership.
Recycling and waste management company M8 Sustainable had a soft start to its first day of trading on the ASX today, with its shares dipping to 17 cents after last month's $19.5 million initial public offering at 20 cents per share.
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.