Peter Ker

Peter Ker

Mining

Rio swings axe in iron ore business

Peter Ker Just one year ago it was dubbed the second-best business on earth.

Mining

Rio axes senior WA iron ore staff

fortescue cloudbreak

Peter Ker One year ago they were calling it the second best business on earth behind the production of Apple iPads, but now Rio Tinto is cutting scores of senior staff from its Western Australian iron ore...

Mining

Newcrest dragged down

Peter Ker Market watchers say speculation on Newcrest Mining's disclosure is hurting the share price.

Labour

Skilled seals $75m deal

Skilled labour

Peter Ker Labour hire company Skilled has increased its exposure to the oil and gas sector with a $75 million acquisition.

Labour

Skilled expands with $75m acquisition

Labour.

Peter Ker Labour hire company Skilled has increased its exposure to the oil and gas sector, with a $75 million acquisition on Monday morning.

Gold output down 5% but lower dollar eases price fall

Generic gold.

Peter Ker Australia's gold sector produced slightly less gold during the March quarter than the December one.

Resources

Rio hopes raised on stalled Guinea mine

A haul truck is loaded by a digger with material from the pit at Rio Tinto Group's West Angelas iron ore mine.

Peter Ker Rio Tinto appears set to find a more flexible attitude from the government of Guinea this week.

Mining

Rocky road for Rio in developing world

First offering: A worker shows a piece of ore from the Oyu Tolgoi mine in Mongolia.

Peter Ker Rio Tinto will see June as a time where they failed to create a foothold in the developing world.

Gold

Alacer joins the rush for the exit

Generic gold.

Peter Ker The purge of Australia's goldmines gathers pace as Alacer Gold joins the list of companies seeking to sell their local assets.

Mining

Alacer Gold pulls out of Australia

Coyote mine.

Peter Ker The purge of Australia's marginal gold mines is gathering pace, with Alacer Gold selling its local assets, after recently naming the carbon tax as pushing up costs.

Resources

Newcrest likely to face legal claims

Newcrest Mining?s Cadia East Decline Project, a gold-copper mine in central NSW, 2011.

Peter Ker Besieged gold producer Newcrest Mining could face multiple legal claims within the next month.

Gold

Newcrest defends timing of profit warning

newcrest

Peter Ker Newcrest Mining has cited an early morning board meeting as central to its defence against a market integrity probe.

Mining

Newcrest faces probe into share slump

Peter Ker Newcrest Mining has vowed to co-operate fully with any investigation into its disclosure record, as the impact of last week's share price slump flows into a second week.

Resources

Steel major warns of 'war of attrition'

Iron Ore Mine

Peter Ker One of China's top steel makers has warned of weaker iron ore prices in the second half.

Mining

Newcrest to face share slump probe

ASIC

Peter Ker Newcrest Mining has vowed to co-operate fully with any investigation into its disclosure record.

China warns of weak iron ore prices

Iron ore prices have fallen by about 9 per cent in the past month in response to the Western world's economic woes.

Peter Ker One of China's top five steelmakers has warned Australian miners of weaker iron ore prices in the second half of 2013, as much of China's steel industry struggles to break even.

Mining

Newcrest set to strip $6b off value of mines

Newcrest Mining.

Peter Ker Newcrest Mining expects to write $6 billion off the value of its mines as part of a restructuring that will claim hundreds of jobs.

Resources

Global copper market headed for hot water

Crushed copper.

Peter Ker If the world needed a reminder that mining is a dangerous business, the past few months in the copper sector has provided ample proof.

ASX

ASIC looking into Newcrest share downgrades

Newcrest's Lihir goldmine PNG

Peter Ker A bad day at the office might soon get worse for Newcrest Mining, with market regulators curious about how some investors appeared to anticipate Friday's announcement of deep job cuts, reduced gold...

Mining

Newcrest tightens belt as shares dive

Newcrest Mining.

Peter Ker Newcrest shares extend their dramatic slide after the miner announces write-downs of up to $6 billion and more job cuts.