Peter Ker

Peter Ker

Walsh has unfinished business at Rio

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

Gina Rinehart's Hancock Prospecting writes off debts owed by Indian coal miner GVK

Gina Rinehart.

Peter Ker GVK is unlikely to be able to repay debts of more than $650 million owing to Hancock Prospecting.


Mining companies lead new push for carbon capture and burial

Chevron plans to store carbon dioxide below its Gorgon LNG project in Western Australia.

Peter Ker The US and China have big plans for carbon capture and storage, and so do the big resources companies

China carbon deal no sweat, says energy sector

Steam billows from the cooling towers at the Loy Yang A coal-fired power station

Peter Ker, Ben Potter Miners insist they will survive as uranium and gas producers eye a bigger slice of the pie.


BHP pulls Nickel West sale

Peter Ker BHP Billiton has given up trying to sell its struggling Nickel West business, declaring that an acceptable bid could not be found.


Port Hedland tugboat strike put on hold

A last-minute intervention has held off a strike at Australia's largest iron ore export port.

Peter Ker Plans for a tugboat strike at Port Hedland on Wednesday morning have been put on hold, after an eleventh-hour intervention by the Fair Work Commission on Tuesday evening.


Rio Tinto wary but hopeful for a new Mongolian leader

Rio boss Sam Walsh said there are lots of signs indicating Mongolia wants their mining partnership to proceed despite years of delays.

Peter Ker Rio Tinto chief executive Sam Walsh has speculated that a change of Prime Minister in Mongolia could help progress the company's stalled expansion of the Oyu Tolgoi copper and gold project.