Jessica Mascione

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, as well as contracts and corporate finance for print. 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.

Paladin to raise $37m

Uranium company Paladin Energy has announced it will raise $30.2 million through a share placement and a further $7 million from a share purchase plan, with the proceeds to help cover the cost of maintaining its mothballed African mines.

Youth Focus encourages Australia to Sock it to Suicide

Australia Post staff are among those wearing bright, bold socks as part of a Youth Focus suicide awareness campaign launched today.

Brewing up a point of difference

Two new breweries have recently opened in WA with three more on the way

Women CFOs increase as chief executives drop

The number of women in executive leadership positions across Australia’s largest listed companies is slowly increasing according to a new report, with Emeco Holdings, Wesfarmers and South32 the top performers for Western Australia.

Perth startup chasing clicks for funding

Perth company OncoRes Medical is in the midst of an unusual fundraising campaign, the success of which is tied to the number of clicks on one of its videos on social media (click through to see the video).

Millennium revises production target

Millennium Minerals has announced it would update its production guidance in October following recent delays in open pit mining approvals and production at its Nullagine gold project.

Aspire raises $33.5m

Metallurgical coal developer Aspire Mining has announced a strengthened financial position with a $33.5 million proposed investment by its major shareholder along with a strategic board restructure.

Perth in top 20 most liveable cities

Perth has continued to be ranked as one of the world's most liveable cities but sits below Sydney, Melbourne and Adelaide because of the poor rating for its culture and environment.

Carbon Group targets more growth after 18 acquisitions

Business services firm Carbon Group has achieved rapid national expansion on the back of multiple acquisitions.

New roles at Probuild

Australian construction company Probuild has announced the appointment of Adam Barker as managing director for its Western Australian operations, while Sam Delmenico will move into a new role interstate.

WAFC announces chairman, claims $220m benefit

The WA Football Commission has announced the appointment of Wayne Martin as its next chairman, while also launching a report that quantifies the impact of the sport.

Perenti shares up after Gresham sale

Shares in mining services company Perenti Global were up more than 6 per cent today after investment bank Gresham Partners announced an agreement to sell its $91.2 million stake.

Perron recruits AHG finance chief

Perth-based Perron Group has bolstered its management team with the recruitment of a dedicated chief financial officer, while also appointing a general manager of governance, taxation and risk in a ne

WA health research receives $34m boost

Researchers at Telethon Kids and Harry Perkins institutes have been awarded more than $18 million in funding for health and medical research from both state and federal governments.

Proponents shortlisted for $146m Metronet project

The state government has shortlisted two proponents to design and build the new Bayswater station, with early construction to commence later in the year.

NRW revenue passes $1bn

Civil and mining contractor NRW Holdings has reported a significant boost in revenue and employees across its major projects in Western Australia.

Crown full-year profit slumps

Crown Resorts’ full-year profit has fallen 4.7 per cent to $368.6 million, with revenue from floor gaming down in Perth and reduced VIP revenue across Australia.

Australian Vanadium raises $3.5m, Volt $1.6m

Australian Vanadium has raised $3.5 million in capital to advance its vanadium project near Meekatharra, while Volt Resources has raised $1.6 million to fund the development of its Bunyu graphite project in Tanzania.

MinRes trumps offer for Cazaly project

Cazaly Resources has received a $20 million offer from Mineral Resources for its Parker Range iron ore project in the Yilgarn region of Western Australia.

LOGOS delivers logistics facilities

International property group LOGOS has announced the development of two state of the art facilities for Fisher & Paykel and Toll Transport at its Hazelmere Logistics Estate in Perth.

Ausdrill adopts new corporate branding

Mining services group Ausdrill has announced the adoption of a new brand and identity, Perenti Global.

Panoramic MD to retire in 2020

Nickel producer Panoramic Resources has announced the forthcoming retirement of its managing director Peter Harold after more than 18 years of service.

Monadelphous Kemerton contract, profit down

Engineering and construction contractor Monadelphous has announced a major contract with lithium producer Albemarle, on the same day the group expressed caution about its outlook following a decline in earnings last financial year.

Lithium miner receives default notice

Alita Resources and its major lender have entered into a standstill agreement after Tribeca Investments issued a default notice to the struggling lithium miner.

Alstom to build WA Metronet railcars

The state government has selected French company Alstom as preferred proponent to build and maintain its new fleet of railcars, ahead of two competing groups, including the Downer Bombardier joint ven

MACA wins $91m in contracts

Mining and civil contractor MACA has announced a construct only contract with Main Roads WA to seal the Karratha to Tom price road.

Imdex MD to retire after 20 years

Mining technology supplier Imdex has announced the forthcoming retirement of its managing director Bernie Ridgeway after delivering record revenue and higher earnings for the 2019 financial year.

Beacon raises $8m

Beacon Minerals has taken advantage of a strong run-up in its share price to raise $8 million through a share placement at 4.2 cents a share.

OreCorp raises $13.3m

Gold explorer Orecorp is raising $13.3 million from an institutional share placement to fund its move to full ownership of the Nyanzaga gold project in Tanzania.

Ora Banda raises $18.5m

Ora Banda Mining, formerly known as Eastern Goldfields, has continued its revival after gaining commitments to raise $18.5 million through a share placement.

Austal signs $126m contract

Henderson-based shipbuilder Austal has finalised a $126 million contract to build two vessels for the government of Trinidad & Tobago by the second half of 2020.



Perth house prices to fall further in 2020

House values in Perth are expected to hit a trough next year according to the latest report from CoreLogic-Moody’s Analytics, which has pushed out its predicted recovery to 2021.

Former Kleenmaid boss found guilty of fraud

Andrew Young, the former director and founder of collapsed whitegoods distributor Kleenmaid, has been found guilty today on 19 charges involving fraud and insolvent trading.

$150m housing boost for WA

Western Australia’s property sector has welcomed the state government's announcement of a $150 million housing investment package for first home buyers and low income earners.

New house sales grow in WA as recovery approaches

Western Australia recorded the largest new home sales growth over the quarter of any Australian state, as the broader housing market begins to show signs of a recovery.

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Minderoo pledges $70m bushfire response

Andrew and Nicola Forrest's Minderoo Foundation has committed $70 million to Australia's bushfire response, far exceeding the contributions made by big companies across the country.

CPB, Downer chosen for Metronet projects

A consortium comprising national firms CPB Contractors and Downer has been selected as the preferred contractor for the Yanchep and Thornlie-Cockburn rail projects, with construction expected to commence in May next year, well after the state government's goal of starting this year.

$150m housing boost for WA

Western Australia’s property sector has welcomed the state government's announcement of a $150 million housing investment package for first home buyers and low income earners.

John Holland wins $59m PTA contract

John Holland has won its first substantial contract in Western Australia in several years, with the Public Transport Authority of WA awarding the Chinese-owned company a contract for track maintenance services on Perth's urban rail network.