Peter Ker

Peter Ker

Brazilian miner Vale considering float of nickel and copper assets

Peter Ker The Vale board will consider the creation of a new copper and nickel mining company based in Toronto.

Brazilian Miner Vale says large chunk of global iron ore supply will be unviable if prices stay low

Peter Ker The Brazilian miner is pushing on with a $US16 billion expansion despite lowly iron ore prices


Vale set to spin off assets into new $US35b company

Peter Ker Brazilian mining giant Vale could follow BHP Billiton's lead by spinning-off a group of its businesses to form a new company in 2015.

Glencore gains 10-year extension for Bulga mine in Hunter Valley


Peter Ker The Swiss miner has won approval to continue mining until 2035.


Northern Star chief Bill Beament says the party is over for open pit goldminers

23 September 2011.  AFR.  Generic Gold Mining.  Castlemaine Goldfield Ballarat.  
Gold, gold mining, gold rush, Ballarat, gold prices, gold field.

Peter Ker Northern Star sees a golden future while St Barbara warns of disaster.


Wiping away 'Crapco': Why BHP needs to name its new company soon

Peter Ker It's been dubbed 'CrapCo', 'HaggisCo' and 'Billiton' by sceptical onlookers, and branding experts say the sooner BHP Billiton gives a name to its corporate progeny the better.

Walsh has unfinished business at Rio

Rio Tinto boss Sam Walsh.

Peter Ker A 25 per cent boost to full-year dividends could be on the cards in 2015, analysts say


Uranium mining in Kakadu at a crucial point

The Ranger uranium mine in Kakadu National Park, with its tailing dams almost full after the wet season.

Peter Ker Having reluctantly accepted mining on their ancestral lands, the indigenous people who live beside the nation's biggest uranium mine could soon watch see their industrial interloper depart.


Rio Tinto takes swipe at Glencore and promises shareholder returns like dividends and possible buybacks

Rio Tinto chief executive Sam Walsh plans to slash capital spending.

Peter Ker The miner is slashing spending on new projects to ensure dividend payments and possible share buyback in 2015


Fortescue Metals Group slashes spending as iron price bites

Fortescue is

Peter Ker Fortescue Metals Group will halve its spending on projects after taking the knife to its $US1.3 billion capital budget for the 2015 financial year.


Rio defends iron ore expansion in commodities slump

Rio Tinto boss Sam Walsh.

Peter Ker Rio has committed to staying the course on its plan to expand exports to 360 million tonnes per year, albeit with a few changes to the method of generating the extra tonnes.

Rio Tinto iron ore exports to rise if miner approves new Pilbara project

Iron ore

Peter Ker The miner's board is set to reveal new spending promises.

Rio Tinto invests further $US350m in Canadian diamond mine

The fresh investment announced on Thursday will allow for a fourth diamond-bearing

Peter Ker Rio Tinto board meetings in Sydney have approved $US350 million of fresh investment for the company's Canadian diamond mine, in a sign the asset has truly been welcomed back into the fold.


'Green horizon' may force BHP to quit coal, says Andrew Mackenzie

Indian company Adani wants to build one of the country's biggest coal mines in the Galilee Basin.

Peter Ker Mackenzie says BHP would invest in other commodities if the world moves quickly to a "green horizon"

Yancoal raising stoush coal

Peter Ker A Hong Kong hedge fund has asked the takeovers panel to block Yancoal's $US2.3 billion equity raising


Executive shake up as BHP cuts deeper


Peter Ker BHP has made good on a promise to cut capital spending even further than previously thought


Shareholders strike out at remuneration as commodity boom fades

Fortescue is

Peter Ker Shareholders say remuneration is out of sync with sliding commodity prices.

BHP struggling over coal demerger plans

Big plans: Jac Nasser says scale is the key to demerger plan.

Peter Ker Chairman Jac Nasser has sought to clarify why the coal division was split across BHP and the demerger


Outgoing CSIRO chief Megan Clark AC joins Rio Tinto board

Dr Clark has also worked for Western Mining Corporation, BHP Billiton and sat on a local advisory board for Bank of America Merrill Lynch.

Peter Ker Megan Clark AC becomes the second Australian appointed to the board this year