Peter Ker

Peter Ker

Mining

Las Bambas sale expected to be the trigger for more deals

Peter Ker Glencore Xstrata's $US5.85 billion Las Bambas project expected to trigger several deals.

Mining

Yancoal suffering under 'take or pay' contracts

Mining

Peter Ker Another Australian coal miner has revealed it is suffering under its ''take or pay'' rail and port contracts, with Yancoal the latest to concede that it took on far more rail capacity in the boom...

Mining

Melbourne-based miner MMG buys Glencore mine for $6.2b

glencore

Peter Ker A Melbourne based miner is the focus of the global mining industry this morning, after Chinese-owned miner MMG finally completed the $US5.85 billion ($6.

Mining

Mystery backer in Oakajee revival

Peter Ker, Amanda Saunders A tiny mining company has $6 billion worth of questions to answer after a bizarre trading day.

Halt

ASX asks Padbury to explain $6b Oakajee mystery deal

A media tour stops at the mouth of the Oakajee River, the northern border of Oakajee Port & Rail Pty's proposed iron ore port and rail project, in Geraldton, Western Australia, on Friday, June 19, 2009.

Peter Ker Regulators at the ASX have forced Padbury Mining to explain its mysterious $6 billion deal to revive the Oakajee Port and Rail Project.

WA

'Invisible investor' backs Padbury's $6b Oakajee revival

Peter Ker Investors have shown interest in a highly unusual $6 billion equity deal this morning that is being spruiked by junior miner Padbury Mining.

Commodities

Nickel price surge more than flash in the pan

Peter Ker Nickel's transition from laggard to market darling is continuing apace, with a perfect storm of factors driving positive sentiment for the metal.

Resources

Nickel the new market star

Peter Ker Nickel's transition from laggard to market darling is continuing apace, with a perfect storm of factors driving positive sentiment for the metal.

Commodities

Northern Star chief says now's time to build a mine as costs fall

Gold bars.

Peter Ker Australia's most rapidly expanding goldminer has declared now is the time to build a new mine.

Mining

Clive Palmer, Kerry Stokes in Pilbara disputes over mine and port access

Peter Ker It seems Rupert Murdoch isn't the only magnate that Clive Palmer is jousting with.

Mining spat

Clive Palmer and Kerry Stokes in Pilbara stoush

Clive Palmer

Peter Ker It seems Rupert Murdoch isn't the only media magnate that Clive Palmer is jousting with at the moment.

Resources

Port Hedland strike risk: Tugboats pull their weight

AFR

Peter Ker Two more unions seek ballot of workers at one of Australia's most important ports.

Resources

BHP and Rio have hits and misses on global divestment trail

Peter Ker Analysts caution money made from divestments do not point to better performances.

Energy

BHP demerger gathers speed

Peter Ker Momentum surrounding a BHP Billiton demerger or asset sale continues to build, with investors continuing to buy the stock for the third successive day and the company continuing to sell unwanted...

Mining

Big Brazilian miner Vale confident about China and iron ore, but not the US

Peter Ker Brazilian mining heavyweight Vale has dismissed concerns about the health of the Chinese economy, saying that debt levels in the US were of greater concern.

Iron ore

US debt bigger worry than China, says mining giant Vale

Murilo Ferreira, chief executive officer of Vale SA, speaks during a news conference in New York, U.S., on Monday, Nov. 28, 2011. Vale SA, the world's largest iron-ore producer, plans to invest $21.4 billion on mining projects in 2012 after failing to meet spending targets this year. Photographer: Jin Lee/Bloomberg *** Local Caption *** Murilo Ferreira

Peter Ker Brazilian mining giant Vale has dismissed concerns about the health of the Chinese economy, saying that debt levels in the United States are of greater concern.

Divestment

BHP sells off assets to junior miner

Peter Ker BHP Billiton's divestment campaign will see more assets transacted today, with a cluster of nickel and copper acreage in outback Western Australia set to be sold to a junior miner today.

Mining

BHP says Australian workers costs 50% more than in US

open cut coal mine. a drag line removes over burden to get at the coal seam as a mechanical shovel loads the coal into a truck at the peak downs open cut coal mine. owned by bhp billiton mitsubishi alliance, near moranbah, queensland. mon 21 mar 05 afr pix robert rough. generic. coal, open cut, mines, mining, coal truck, big truck, drag line, fuel, fossil fuel, exports, environment. SPECIALX 34916

Peter Ker BHP Billiton coal president Dean Dalle Valle has revealed that some of his Australian workers cost 50 per cent more than their American equivalents, underlining the high cost nature of the local...

Resources

BHP-Billiton spin-out could call original merger into question

A woman gestures in front of a BHP Billiton sign

Peter Ker BHP and the market responded almost instantly following reports BHP was looking to split.

Union tug of war threatens port exports

Bulk carriers take on iron ore at a loading facility in Port Hedland, about 1,600 km (960 miles) north of Perth, May 26, 2008.

Peter Ker Tugboat workers and a North American shipping company are no closer to resolving a dispute that could halt some of Australia's biggest mining companies from exporting iron ore.