Peter Ker

Peter Ker

Gold

Newcrest unveils super-low-cost gold project at Wafi-Golpu

Peter Ker The gold miner says it has found a cheaper way to build the highly prospective Wafi-Golpu mine in Papua New Guinea

Glencore's Tony Hayward will speak in Melbourne this week as expectations of a second merger bid grow

Rio coal truck in the Hunter Valley.

Peter Ker Tony Hayward will address a gathering of company directors in Melbourne on Tuesday.

BHP to lose iron grip on Port Hedland tugs

Tug-o-war: A Teekay boat at Port Hedland.

Peter Ker Despite introducing a second tugboat provider, BHP Billiton's exclusive hold on tugboat licences in Port Hedland is set to be broken In 2015.

Rare good oil for Australian iron ore miners on shipping costs

Relief: Iron ore miners such as Rio Tinto could save $540 million a year in shipping costs at current oil prices.

Peter Ker The cost of bunker fuel for the cape-sized vessels that typically carry iron ore has fallen 39 per cent since January.

Australian coalminers returning to profitability, but for how long?

Turnaround: Things are looking up for coalminers on the back of plummeting oil prices and a weaker Australian dollar.

Peter Ker The cost of producing coal in Australia has fallen sharply in recent months, but views are mixed over whether prices will improve in 2015.

Ports

BHP brings in new tug operator for Port Hedland after year of industrial unrest

Tugboat.

Peter Ker BHP Billiton has moved to increase the number of tugboats operating in Port Hedland and introduced a new shipping company to the port.

Mining

BHP spinoff branded South32

The logo for the new BHP spinoff business South 32.

Peter Ker BHP Billiton says the company it plans to demerge in 2015 will have global aspirations, despite bestowing it with a name that recognises its focus on the southern hemisphere.

Mining

Goldminer St Barbara pleads for help to avoid dam disaster in Solomon Islands

St Barbara chief executive Bob Vassie.

Peter Ker Australian miner St Barbara is pleading for help to avoid a dam disaster in the Solomons.

Vale may settle over Rio's claim of theft, conspiracy and racketeering

simandou

Peter Ker Brazilian miner Vale has indicated it may be willing to settle out of court with Rio Tinto over the corruption, theft and racketeering lawsuit the latter filed in the district court in New York...

Aluminium outpaces copper as Rio's fortunes turn

Bauxite is a key ingredient in the manufacture of aluminium.

Peter Ker Rio Tinto chief executive Sam Walsh has praised ''a remarkable turnaround'' in the once-struggling aluminium business.

Mining

Rio boss not planning any 'stupid' moves to try and fend off Glencore

''Let me just reassure you... we are not looking at any major mergers or acquisitions.'': Rio chief executive Sam Walsh.

Peter Ker Rio Tinto chief executive Sam Walsh has vowed not to launch his own acquisition raid in a bid to deter Glencore from launching a second takeover bid of the mining company in 2015.

Santos unlikely to be able to fund dividend from cash generation

Volatile: Santos has been forced to postpone debt raising in Europe and it will slash expenditure.

Peter Ker, Perry WIlliams and Jonathon Shapiro Adelaide-based Santos is considered one of the most vulnerable companies under sliding oil prices

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

Mining

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

Glencore

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

Mining

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.

Mining

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

Mining

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.