Peter Ker

Peter Ker


Fortescue chief Nev Power gets hefty pay rise despite share slump

Raking it in: Nev Power earned $3.8 million during the 2014 financial year.

Peter Ker Fortescue Metals Group chief executive Nev Power has been granted an 11.1 per cent pay rise, as the iron ore miner moves to reward the man who has overseen its near tripling in export volumes.


Rio Tinto and Mongolia settle Oyu Tolgoi mine tax dispute

Rio Tinto's Oyu Tolgoi project.

Peter Ker Construction of the second stage of the Oyu Tolgoi mine is expected to start within six months.

Price drop signals the end of the iron ore age

Peter Ker

Peter Ker Not so long ago, Australia was engaged in a bitter dispute over whether the financial benefits of the mining boom were filtering down to the rest of the economy.


China’s iron ore producers will survive price slump, says ex-BHP Billiton executive Alberto Calderon

Opportunities: Alberto Calderon.

Peter Ker The former BHP executive believes most Chinese high cost iron ore miners will stay open despite low prices, putting further pressure on producers in other countries

Former BHP executive Alberto Calderon joins new Cape York export bauxite project

Alberto Calderon

Peter Ker The former BHP Billiton executive is hoping a new Australian bauxite project can be the foundation of a new private equity group

Iron ore price fall starts to hurt smaller miners

Iron ore

Peter Ker After eight months of falls, the iron ore price slide is starting to claim victims.

Avanco in the spotlight

Peter Ker Evy Hambro has exposure to scores of Australian miners across his multiple natural resources funds at BlackRock, but when quizzed about the most exciting ASX-listed juniors, he is quick to respond.


What's in a name? OZ Minerals hires Rio exec Andrew Cole

Oz Minerals reported a $14.3 million underlying loss for the six months to June, which was not as bad as the $61 million loss some analysts predicted.

Peter Ker Investors will think they are seeing double when meeting the new leadership team of OZ Minerals, after Rio Tinto executive Andrew Cole was appointed managing director today.


BlackRock's Evy Hambro backs BHP Billiton demerger

'I think the overall returns are going to get bigger in terms of the money that comes back to shareholders.': BlackRock manager of natural resources Evy Hambro.

Peter Ker The man who manages the world's biggest mining funds has thrown his support behind BHP Billiton's demerger plan but reminded big miners there is no point doing a one-off round of shareholder returns.

Iron ore price hits five-year low on back of China concerns and market glut

The price for Australia's most valuable commodity has fallen more than 35 per cent this year.

Max Mason and Peter Ker The price of iron ore has slumped to a five-year low as worries about China's property sector and a flood of supply globally weigh heavily on the steel-making ingredient.

Uranium showing signs of post-Fukushima revival


Peter Ker There are signs of life in uranium prices, but is this the long-awaited revival?

Mining companies approve mining tax repeal

Treasurer Joe Hockey and Finance Minister Mathias Cormann on Tuesday.

Peter Ker Business Council warn that spending measures should go with mining tax


Gina Rinehart shuts down Mongolian vehicle


Peter Ker Australia's richest woman, Gina Rinehart, has quietly shut down her Mongolian mining exploration operation.

Nickel miner Western Areas wants future customers to help it develop new projects


Peter Ker BHP's attempts to sell the Nickel West business are benefiting nickel miner Western Areas.


BHP Billiton: After the break-up


Peter Ker By shedding BHP's weakest assets in a single manouevre, Andrew Mackenzie is on the cusp of achieving one of the major ambitions of his reign.

Graham Kerr's star rising at BHP Billiton

Respected: Graham Kerr.

Peter Ker If he can get it right, Graham Kerr will be uniquely positioned for a shot at the top job in world mining when BHP goes looking for its next chief executive.

BHP demerger faces hurdles

BHP Billiton chief Andrew Mackenzie: Vote looms on demerger.

Peter Ker BHP Billiton’s plan to spin out a group of non-core assets is far from a fait accompli, with a top 10ten shareholder refusing to guarantee his support and legal experts warning that demerger...


BHP Billiton chief denies demerger behind share selloff

Andrew Mackenzie

Peter Ker BHP Billiton chief executive Andrew Mackenzie does not believe last night's sell-down on London markets was a rejection of the demerger option his company revealed on Tuesday, pointing instead at the...

BHP Billiton posts $US13.4b profit, pushes ahead with demerger


Peter Ker BHP Billiton’s historic $15 billion spin off has been given an instant thumbs down by the company’s London investors as a plan to create a new Perth-based miner combined with a lower than...


BHP Billiton full year profit: five things to watch out for

BHP Billiton’s Nickel West Refinery in Kwinana.

Peter Ker Australia’s biggest company will do much more than simply publish a profit figure when it hands down its full year financial results this afternoon.