Peter Ker

Peter Ker

Worker trapped underground at Newcrest mine in Indonesia

Peter Ker A miner is trapped 300 metres underground at one of Newcrest's mines.

Newcrest's partner in the Golpu gold mine insists it has the cash to participate

Peter Ker The market thinks Harmony Gold can't afford to build the Golpu mine with Newcrest, but the company is refusing to give up.

Norway's sovereign wealth fund asked miners to consider coal demergers

Peter Ker Norway's influential sovereign wealth fund wants mining companies to consider spinning out coal assets.

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South32 to cut jobs, reduce production and book impairments

South32 boss Graham Kerr has revealed his 'strategy to maximise value rather than volume'.

Peter Ker Miner South32 has warned Australian jobs will go as it moves to cut costs worldwide.

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BHP dividend 'tweak' won't cut it, says Standard and Poors

BHP chairman Jac Nasser has a big decision to make.

Peter Ker A small 'tweak' to BHP's dividend will not be enough to avoid another credit rating downgrade, Standard & Poor's says.

Why Bernie Sanders' success in Iowa is a problem for Rio and BHP

Big Australian miners will be cheering for Hillary Clinton in the US presidential race.

Peter Ker Rio Tinto and BHP have a bit to lose if Bernie Sanders beats Hillary Clinton in the race for the Democratic nomination.

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Steelmaker POSCO has revealed the iron price needed for Roy Hill to break even

Gina Rinehart's Korean joint-venture partner has revealed the iron ore price needed for the company to break even.

Peter Ker Gina Rinehart's Roy Hill mine is marginal at current iron ore prices, according to one of Mrs Rinehart's partners in the project.

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Rio Tinto bauxite and alumina chief Phillip Strachan leaves amid cutbacks

Rio Tinto's shares closed higher on Monday at $42.53.

Peter Ker The man at the helm of Rio Tinto's booming bauxite division has left the company as job cuts continue.

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Scope 2016

BusinessDay Economic Survey: Commodities tipped to remain in the doldrums

Ten economists believe iron ore will end 2016 at more than $US40 a tonne, while 14 believe it will be less than $US40 a tonne.

Peter Ker Investors banking on a quick recovery of commodity prices in 2016 will be disappointed.

Brazilian miner Vale has cut its dividend entirely after the Samarco tragedy

Mining dividends look set to be cut back.

Peter Ker BHP Billiton's partner in the Samarco tragedy, Vale, has axed its dividend after a tough year.

US miner Cliffs says big Australian miners should regret their dividend promises

The outspoken boss of loss-making miner Cliffs has once again taken aim at BHP and Rio Tinto.

Peter Ker US miner says Australian majors are feeling the consequences of their own behaviour and should regret their dividends promises.

Debt discounts give Fortescue a fighting chance

Fortescue Metals Group has had its profit margins crimped by weak iron ore prices.

Peter Ker US debt markets are offering Fortescue massive savings on its $US8.4 billion gross debt

A strong performance at the troubled Lihir mine has lifted gold miner Newcrest

Newcrest Mining is benefiting from a lower Australian dollar.

Peter Ker It has been Newcrest Mining's problem child for many years, but the Lihir mine in Papua New Guinea is finally starting to hit its straps.

BHP Billiton told to cut its dividend or face further credit downgrades

BHP Billiton is enduring one of its toughest years but is determined to maintain a 'solid A credit rating'.

Peter Ker BHP is risking further credit downgrades if it keeps its dividend policy, says Standard & Poor's.

Coal miners win from relaxed environmental conditions

Newcastle Port Waratah, Pollution, Energy, Power, greenhouse, gasses, power, coal, electricity, steam, train, transport, imports, exports. AUSTRALIAN . RESOURCES. SPECIALX SPECIALX 00076789 SPECIALX 00076789 generic
AFR. AFR USE FIRST PLEASE.  MINING AFR FIRST USE!!!!! 

PHOTOGRAPH BY NIC WALKER.

Peter Ker In a bid to help a struggling industry, numerous Australian miners have had their environmental conditions relaxed.

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Copper miner OZ Minerals confident it's a good time to be building mines in Australia

OZ Minerals chief executive Andrew Cole says even with the current state of commodity prices, Prominent Hill is generating significant cash flow with healthy margins.

Peter Ker OZ Minerals is poised to decide on a new development model for its Carrapateena copper prospect in South Australia.

Investors and analysts are already convinced that BHP will cut its dividend

BHP chairman Jac Nasser has a big decision to make.

Peter Ker BHP's dividend yield looks incredibly attractive, but few in the market believe it will stay that way

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BHP Billiton cuts its annual iron ore target in wake of Samarco disaster

BHP Billiton's iron ore output was hampered by the Samarco dam disaster and a train derailment in the Pilbara.

Peter Ker The Samarco dam disaster continues to wreak havoc upon BHP Billiton, forcing the miner to reduce its iron ore export target and sending its shares to a new post-boom low.

Rio Tinto profit forecasts shaved in the wake of weak iron exports

Rio Tinto boss Sam Walsh says the company will cut its spending even further in 2016.

Peter Ker Profit estimates for Rio Tinto were shaved down on Tuesday after the company revealed weaker than expected exports during 2015.

Rio Tinto has missed its full-year export targets for iron ore and copper

Rio Tinto chief executive Sam Walsh said 2016 is going to be an even tougher year than 2015

Peter Ker Rio Tinto has missed its export targets for iron ore and copper after a weak end to 2015.