Peter Ker

Peter Ker

Fortescue backs BHP Billiton's tugboat plan to stop iron ore being 'held to ransom'

Peter Ker Fortescue Metals' Nev Power has praised a plan by the miner's bitter rival BHP Billiton to introduce a second tugboat player in Port Hedland.

Gold giant Newmont keen to expand NT mine despite sliding prices

Mining major Newmont believes its Tanami expansion is viable despite the recent slump in gold prices.

Peter Ker Gold major Newmont says its Tanami expansion in the Northern Territory will be viable even if gold prices continue to slide.

FMG ponders a future without growth as iron exports plateau


Peter Ker FMG grew iron ore exports 33 per cent in fiscal 2015 and expanded more quickly than BHP and Rio Tinto

Newcrest lifts gold and copper production, meets guidance

Newcrest has met production guidance for the ninth quarter in a row.

Peter Ker Newcrest is keen to show that times have changed, meeting production guidance for the ninth quarter in a row.

BHP to open new coal mine in Borneo amid concern for orangutans

BHP says no orangutans have been found on its leases but environmental groups believe the project will destroy habitat for the endangered animals.

Peter Ker BHP will risk the ire of environmental campaigners and orangutan lovers by starting a new coal mine in Borneo.

Comments 5

BHP spending cuts start to take their toll

BHP Billiton has reported strong iron ore exports from the pilbara

Peter Ker BHP Billiton will grow iron ore exports by seven per cent over the next year, but production of oil, gas, copper and coking coal will slide

BHP to spend $325m on iron ore tug works

The funds will be used to purchase six tug boats and build a new tug harbour in the Port Hedland port.

Peter Ker BHP Billiton plans to spend $240 million upgrading its marine iron ore facilities in Western Australia.

Copper production soars as OZ builds acquisition war chest

OZ Minerals is producing the red metal at a faster rate than needed to achieve its full-year production guidance of between 110,000 and 120,000 tonnes of copper.

Peter Ker OZ Minerals is unfazed by the promise of stronger copper prices later this decade, and it's trying to generate cash as fast as possible to fund an acquisition.

Iran oil claims overstated: RBC

RBC predicts Brent will average $US70 per barrel in 2016 and fetch $US90 per barrel longer term.
AFR 04-09-2013

Peter Ker Iran has been accused of hyperbole over claims it will add 1 million barrels of oil into global markets per day once it is free of sanctions, according to one of the world's top commodities analysts.

BHP and FMG defy Rio's iron slump to beat export guidance

Confirmation of export numbers next week should provide some consolation for shareholders.

Peter Ker BHP and FMG are certain to meet, and possibly beat, iron ore export forecasts when they report next week.

Rio Tinto cuts iron ore guidance

Rio had previously hoped iron ore shipments would be

Peter Ker Rio Tinto iron ore production will be lower in 2015 than previously promised.

BHP flags $3.7 billion impairment on shale

BHP's investment in American shale has suffered a third writedown.

Peter Ker BHP Billiton is set to write down the value of its US shale assets once again, after flagging a $US2 billion impairment on Wednesday.

Ex-Nathan Tinkler lieutenants move on copper miner Tiger Resources

A copper mine in the Democratic Republic of Congo.

Peter Ker Todd Hannigan and Tom Todd have been named as significant shareholders in Tiger Resources.

Clive Palmer urges firmer action against China over coal tests

Palmer United Party leader Clive Palmer addresses the media on his arrival into Canberra Airport on Sunday 8 February 2015. Photo: Alex Ellinghausen

Peter Ker Aspiring coal miner and federal MP Clive Palmer believes Australia should take a firmer approach to China's controversial new coal-testing regime and respond in kind with new tariffs on iron ore...

Traditional owners ask Abbott government to fix stand-off over Ranger uranium mine

Kakadu, Northern Territory

Peter Ker The Kakadu uranium miner faces a fresh blow as the traditional owners demand an end to mining at Ranger.

ERA keeps the Ranger dream alive

Peter Ker The uranium miner beside Kakadu National Park, Energy Resources of Australia, is still investigating ways to revive an expansion of the Ranger uranium mine despite its controlling shareholder stating...

Iron ore tipped to rebound after flash crash

The iron ore price has tumbled to a new six-year low.

Peter Ker A 29 per cent collapse in iron ore prices in the past fortnight is tipped to reverse quickly, ensuring a large chunk of the Australian economy remains in the grips of extraordinary volatility

Chinese steel is now cheaper than cabbage

Peter Ker Steel is now cheaper than cabbage in China, as weak demand and over-production continues to undermine the end market for Australian iron ore and coking coal.

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Coal habits die hard as Australian miners boost exports

Australian coal miners are growing exports

Peter Ker Australian coal exports are rising despite price weakness.

South32 and BlueScope bound for court as coal dispute stokes family feud between BHP spin-offs

South32 is contracted to supply coking coal to BlueScope's Port Kembla steelworks until 2032

Peter Ker South32 and BlueScope Steel will face off in the Supreme Court this week in a family fued between the two BHP spin-outs