Peter Ker

Peter Ker

American miner set to divest Australian iron ore

Peter Ker A boardroom coup overnight is expected to see Australian assets put in the shop window.

Takeovers Panel to probe Gutnick partnerships over Blackham gold mining company

Joe Gutnick.

Peter Ker Directors of Blackham Resources want Joe Gutnick stripped of shares in the explorer.

Mining

Miners shift iron ore price in push back against China

Whitehaven's coal production has hit record levels.

Peter Ker Australian iron ore miners have sought to variate crucial reference points that help to set contract prices for the bulk commodity, in a bid to temper China's push for lower prices.

Mining

BHP in fresh bid to unlock Olympic Dam

The Olympic Dam contains copper, gold, silver, uranium and potentially other valuable commodities.

Peter Ker BHP Billiton is set to undertake a heap leaching trial at Olympic Dam in the hope it may unlock the enormous and complex ore body in the South Australian outback.

Mining

Iron ore price dip to hit miners' earnings

iron ore

Peter Ker Australia's iron ore miners will report higher profits next month thanks to brutal cost cutting.

Resources

Newcrest warns of more write-downs

Peter Ker The man in charge of Australia’s biggest gold miner has declared ''cash is king'', and indicated he will not consider asset sales, equity raisings or expensive new developments until his...

Mining

Newcrest warns of $2.5b in writedowns

The warning comes a year after Newcrest wrote down the value of its assets by almost $6 billion.

Peter Ker Newcrest Mining is set to wear another round of massive asset impairments, with the gold miner today warning it could be forced to write down the value of its assets by as much as $2.5 billion.

Resources

Shareholder returns on agenda as BHP Billiton enjoys sales bonanza

BHP.

Peter Ker Stronger-than-expected production in BHP's two biggest revenue spinners has set the scene for CEO to embrace shareholder returns at the miner's full-year financial results next month.

Resources

Newcrest CEO facing tough questions in his first big outing

Newcrest.

Peter Ker Sandeep Biswas will front the investment community for the first time as CEO of Newcrest Mining on Thursday.

Mining

BHP iron ore production surges, beats target

BHP

Peter Ker BHP Billiton has easily beaten full year export targets for its two biggest revenue spinners, as the miner continues to consider its options around simplifying its product portfolio.

Mining

Discounts for lower-grade iron ore here to stay, says BHP's Mike Henry

Mike Henry

Peter Ker Price discounts for lower grade iron ores are here to stay, according to BHP Billiton marketing president Mike Henry, despite the protestations of smaller miners like Fortescue Metals Group and Atlas...

Resources

Fortescue uses wisdom of Solomon

Fortescue

Peter Ker Fortescue Metals Group believes its new Solomon mining and processing hub has an extra decade of mine life, according to documents filed with regulators on Tuesday.

Mining

Newcrest vows to fight class action

The corporate watchdog had focused its investigations on a period between May 28 and June 7, 2013.

Peter Ker Newcrest Mining has vowed to vigorously defend a class action lodged by law firm Slater & Gordon which is seeking damages in relation to the gold miners' market disclosure performance in the 2013...

Mining

Blackham Resources may take chairman Joseph Gutnick to court

Joseph Gutnick in his Melbourne office.

Peter Ker Mining entrepreneur Joe Gutnick could soon be taken to court by a company he chairs.

Resources

Korean company Posco to build Queensland railway for Indian coal miner Adani

An employee of POSCO walks next to a sculpture with POSCO's logo.

Peter Ker Korean steel company Posco is continuing to increase its presence in Australia.

Mining

Fortescue boosts shares with production guidance

Stockpiles of iron ore in the Pilbara region: Fortescue says it could produce as much as 160 million tonnes in the new financial year.

Peter Ker Shares in Fortescue Metals Group have surged shortly around midday after the iron ore miner published aggressive production guidance for the 2015 financial year.

Mining

Sirius soars on promising nickel prospect

Peter Ker Shares in Sirius Resources have surged as much as 19 per cent this morning after the nickel aspirant said it made another promising discovery near the Fraser Range region of Western Australia.

Mining

Copper starts to shine at Rio

The mining giant has been able to boost its guidance for its copper production.

Peter Ker Rio Tinto has revealed a 15 per cent boost to its full-year copper guidance

Takeovers

Chinese group faces competition for PanAust

Copper is much in demand: Chinese groups are leading the race

Peter Ker Takeover target PanAust has revealed it is talking to several groups over a possible acquisition bid, signalling Chinese group Guangdong Rising could have competition in its chase for the copper...

Mining

OZ Minerals updates copper forecast after waste rock changes

OZ Minerals' Prominent Hill mine in South Australia.

Peter Ker OZ Minerals has raised its full year copper guidance as it prepares to extend some short term pain for long term gain.