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Mark Beyer AAP

BHP hikes South Flank cost

BHP Billiton has increased the expected cost of its South Flank iron ore project to $US3.6 billion ($A4.6 billion), substantially above the estimated range it provided in June 2017 when initial funding was approved.

Iron ore, oil drive stocks higher

The Australian share market is at its highest level in almost 10 years, with the benchmark S&P/ASX200 index closing 1 per cent higher today and the Western Australia-focused BN30 index jumping 1.8 per cent to a new high.

Market steady but Quintis down again

The share market ended the day steady after early gains by the big four banks evaporated in afternoon trade, and miners fall on weaker iron ore futures.

Tribunal makes misconduct finding against Scaffidi

Opposition leader Mike Nahan has joined Premier Mark McGowan in calling for Perth Lord Mayor Lisa Scaffidi to resign, after the State Administrative Tribunal today found she had committed 45 serious breaches of the Local Government Act by not disclosing travel and accommodation gifts.

Wellard taps investors for $52 million

Loss-making livestock exporter Wellard is undertaking a share placement and entitlement offer as part of a $52 million capital raising it hopes will allow it to exploit a predicted improvement in trading conditions.

Fortescue, Vale JV plans could fall over

 Fortescue Metals Group said today its proposed joint venture with larger Brazilian miner Vale, for blending their iron ore at key Chinese ports, could fall over.

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Tribunal makes misconduct finding against Scaffidi

Opposition leader Mike Nahan has joined Premier Mark McGowan in calling for Perth Lord Mayor Lisa Scaffidi to resign, after the State Administrative Tribunal today found she had committed 45 serious breaches of the Local Government Act by not disclosing travel and accommodation gifts.

Iron ore, oil drive stocks higher

The Australian share market is at its highest level in almost 10 years, with the benchmark S&P/ASX200 index closing 1 per cent higher today and the Western Australia-focused BN30 index jumping 1.8 per cent to a new high.

BHP hikes South Flank cost

BHP Billiton has increased the expected cost of its South Flank iron ore project to $US3.6 billion ($A4.6 billion), substantially above the estimated range it provided in June 2017 when initial funding was approved.

Wellard taps investors for $52 million

Loss-making livestock exporter Wellard is undertaking a share placement and entitlement offer as part of a $52 million capital raising it hopes will allow it to exploit a predicted improvement in trading conditions.

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Tribunal makes misconduct finding against Scaffidi

Opposition leader Mike Nahan has joined Premier Mark McGowan in calling for Perth Lord Mayor Lisa Scaffidi to resign, after the State Administrative Tribunal today found she had committed 45 serious breaches of the Local Government Act by not disclosing travel and accommodation gifts.