Peter Ker

Peter Ker

Clive Palmer launches $10 billion lawsuit against estranged Chinese partner

Amy Remeikis and Peter Ker The legal war between Fairfax MP Clive Palmer and his estranged business partner Citic Limited has gone to another level, with Palmer's company Mineralogy seeking $10 billion in damages from the...

Perseus overcomes power cuts to post record profit

Peter Ker Australian miners complaining about energy costs might want to reflect on the challenges Ghana-focused gold miner Perseus Mining has overcome to post a record full-year profit.

BHP's growing pains give Rio edge in a buyer's market

Peter Ker In the battle of the big miners, analysts believe Rio Tinto's growth pipeline gives it an edge over BHP Billiton

Synergies ensure Glencore's coal appetite still strong

Peter Ker Glencore has paired with family owned coal miner Bloomfield Group to buy Vale's Integra mine.

WDS Limited enters a trading halt

Peter Ker A contractor to some of Australia's biggest energy and mining companies was in financial distress on Wednesday.

BHP's 'once in a lifetime' dividend yield praised by market

BHP Billiton chief Andrew Mackenzie has vowed to maintain the company's generous dividend despite weak commodity prices.

Peter Ker BHP shares have soared 6 per cent higher in London as investors react to the miner's extraordinarily high dividend yield.

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BHP Billiton chief executive Andrew Mackenzie rejects Glencore's call on China

BHP Billiton chief executive Andrew Mackenzie and chairman Jac Nasser believe China will grow

Peter Ker BHP Billiton chief executive Andrew Mackenzie slaps down Glencore boss Ivan Glasenberg's China comments.

BHP says UN climate change conference will bring consensus

Peter Ker BHP Billiton chief executive Andrew Mackenzie says he expects some level of consensus to emerge when world leaders gather in Paris in November for the United Nations climate change conference.

BHP Billiton posts worst profit in 11 years, maintains dividend

BHP Billiton has revealed a big slide in full year profits.

Peter Ker BHP Billiton has maintained its 'progressive' dividend policy, despite full year profits sliding to their lowest point in more than a decade.

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Mining and energy companies embrace the stackhat as commodities dive

The iron ore price has been fairly stable since the start of August.

Peter Ker Miners don't wear helmets just for safety while underground, they wear them for times like this.

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South32 warns of tough times to come

South32 is planning for commodity prices to remain low for several years.

Peter Ker South32 chief executive Graham Kerr has warned the mining sector to expect more tough times ahead, with commodity prices expected to remain low for several years.

Fortescue defends dividends and profits slump

large mining dump truck Tom Price Iron Ore HOLD FOR AFR MAY 13

Peter Ker Fortescue defends decision to spend more than $60 million on dividends while it has $US7.2 billion of net debt.

South32 to take the axe to costs after maiden profit

South32 chief executive Graham Kerr has revealed the young company's first set of financial results.

Peter Ker South32 has revealed a full year profit that was slightly weaker than expected

Fortescue boss Andrew Forrest gets $20 million payday despite 88 per cent profit slide

Fortescue chairman Andrew Forrest remains confident in the company he founded.

Peter Ker Fortescue Metals Group has continued paying dividends despite slumping iron ore prices and a huge debt challenge, in a move that has made its chairman Andrew Forrest about $20 million richer.

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Copper miner Sandfire Resources lifts dividends 30 per cent despite profit slide

A paste backfill plant (top) stands next to the open pit mine at Sandfire's DeGrussa operations. A nearby discovery has attracted much interest.

Peter Ker Sandfire has posted a $69 million net profit for the year to June 30.

Ivan Glasenberg denies Rio Tinto interest as Glencore shares collapse following heavy loss

Glencore chief Ivan Glasenberg claims he never lobbed a merger proposal to Rio Tinto, but was tight lipped about his interest in Rio's NSW coal business

Peter Ker Glencore chief Ivan Glasenberg has denied making a take-over proposal to Rio Tinto, but was conspicuously tight-lipped about his interest in Rio's Australian thermal coal business.

Glasenberg unable to 'read China' as Glencore slumps to huge loss

Ivan Glasenberg's hopes of taking over Rio Tinto have taken a hit amid a $US676 million loss for the first half of 2015.

Peter Ker Glencore chief executive Ivan Glasenberg has been "surprised" by the savage downturn in commodity prices over the past six months.

Alumina targets bauxite exports despite Malaysian supply boom

Alumina wants to sell some of its bauxite rather than turn it into aluminium.

Peter Ker Malaysia's sudden emergence as a significant bauxite exporter is unsustainable, according to aspiring Australian bauxite exporter Alumina Limited.

China slowdown catches Glencore 'by surprise' as profits collapse

Glencore

Peter Ker Slumping commodity prices have pushed Glencore into a $US676 million loss.

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Glencore swoops on Sirius' nickel

Glencore chief executive Ivan Glasenberg has shored up nickel supply from Sirius' Nova deposit in WA.

Peter Ker Glencore's financial woes have not stopped the Swiss giant from swooping on the remaining offtake from Sirius Resources' Nova mine in WA.