Peter Ker

Peter Ker

Taxpayers fund $110m loan to venture run by BHP, Rio Tinto

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Peter Ker, James Massola Australian taxpayers will lend $US100 million ($110 million) to a mining joint venture run by BHP Billiton and Rio Tinto in Chile, under the latest funding deal by Australia's controversial Export...

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Taxation

Rio Tinto fears new tax rules will cost tens of millions

A driver climbs from a haul truck at Rio Tinto's Bengalla coal mine in

Peter Ker Rio Tinto says lack of international co-operation could send compliance costs soaring.

Resources

Iron ore companies talk-up continuing demand for their product

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Peter Ker Australia's iron ore miners have always had answers for any bear argument against them.

Resources

Rio Tinto chief Sam Walsh hails $80 million cash flow boost from big data

Sam Walsh.

Peter Ker Rio Tinto believes its embryonic grasp of 'big data' has improved free cash flow by $80 million.

China

Economy healthy despite difficult year ahead: China's Premier Li

Illustration: Simon Bosch.

Philip Wen, Peter Ker China's Premier Li Keqiang says his country can accommodate economic growth lower.

Mining

Rio Tinto boss upbeat on iron ore's future

Peter Ker Rio Tinto boss Sam Walsh says no one should be surprised by China's attempts to shut down some of its older steel mills, and he said the demand for iron ore should remain strong regardless.

Iron

China steel mill shutdown no surprise says Rio Tinto boss Sam Walsh

Peter Ker Rio Tinto boss Sam Walsh says no one should be surprised by China's attempts to shut down some of its older steel mills, saying the demand for iron ore should remain strong regardless.

Mining

China fears trigger drop in copper prices

A refinery worker unshackles a bucket of molten copper at Falconbridge?s CCR refinery in Montreal East, Quebec on Wednesday, June 21, 2006. Falconbridge's CCR refinery produces copper cathodes, silver and gold in bars as well as various platinum bits and pieces from rough copper anodes from their smelter in Rouyn-Noranda, Quebec. Photographer: Norm Betts/Bloomberg News. **Editor's note: the CCR refinery is now an Xstrata Plc facility. 6/15/07.**

Max Mason, Lisa Murray, Peter Ker Copper's role as collateral for loans in China sparks sharp selloff as government cracks down on shadow finance sector.

BHP and Rio Tinto upbeat on iron ore prices despite slump

truck

Julie-anne Sprague and Peter Ker Big miners believe the recent slump in the iron ore price is due to a mix of credit tightness in China and opportunism from traders, with executives from BHP Billiton and Rio Tinto expressing faith...

Returns

Dividends likely to feel the pinch from iron ore slump

A ship is seen being loaded with iron ore at the Rio Tinto ship loading terminal in the Pilbara.

Peter Ker Dividends are likely to be the main victim of the current iron ore slump, rather than a significant round of job cuts or project cancellations.

Mining

ERA boss Peter McMahon says toxic Ranger mine spill damaged trust

Peter Ker Rio Tinto's troubled subsidiary Energy Resources of Australia fears the toxic spill at its Ranger mine in December has awoken ''latent opposition'' to uranium mining near Kakadu National Park, and...

Mining

PanAust boss ready to hand over major projects to new CEO

Gary Stafford.

Peter Ker After 18 years in charge of copper miner PanAust, Gary Stafford decides to step back.

Mining

Ex-Rio Tinto chief Tom Albanese becomes CEO of Indian miner Vedanta

Tom Albanese.

Peter Ker Former Rio Tinto chief executive Tom Albanese will be the next chief executive of Vedanta.

Mining

Two new faces to join Rio Tinto board

Rio Tinto's Bengalla coal mine.

Peter Ker Rio Tinto chairman Jan du Plessis has made good on his promise to inject more mining experience onto his company's board, with two new faces set to join the miner in the next couple of months.

Iron

Chinese growth data boosts Australian iron ore industry

Bloomberg Photo Service 'Best of the Week':  Li Keqiang, China's premier, gestures as he speaks during the opening plenary at the World Economic Forum Annual Meeting of The New Champions in Dalian, China, on Wednesday, Sept. 11, 2013. Li said the foundations of a growth rebound aren't solid while cautioning that stimulus won't help resolve deep-rooted issues in the world's second-largest economy. Photographer: Tomohiro Ohsumi/Bloombergg *** Local Caption *** Li Keqiang

Peter Ker Australia's iron ore industry has been boosted by resilient Chinese growth data.

Mining

Rio Tinto closer to striking a deal on Mongolia mine

mining

Peter Ker Expectations that a deal will be sealed before the end of this month are high.

Mining

Hopes high for zinc but Glencore profits down

Mining sector lets down Glencore Xstrata's hopes.

Peter Ker Swiss commodities company Glencore Xstrata suffered declining profits in each of its Australian mining sectors, according to the company's full-year results.

Resources

BHP boss Andrew Mackenzie warns against ban on fossil fuel investment

Andrew Mackenzie

Peter Ker A ban on fossil fuel investment would ''seriously'' slow global economic growth, and many of the people advocating such measures were speaking from northern hemisphere points of view, according to...

Resources

Norwegian wealth fund may ditch Australian resource firms

FMG 070830 AFR pic by Erin Jonasson . FMG,  Fortescue mining Group, workers on site,  the construction of the Rail line across the Pilbara, FMG plan to start shipping iron ore from May 2008.  AFR first use Please. generic hold for files. SPECIALX 00070230

Peter Ker Some of Australia's biggest resource companies could lose a major investor if Norway goes through with a plan to ban its famous sovereign wealth fund from investing in coal, oil and gas.

Mining

Brighter prospects for uranium miner Paladin Energy

langer heinrich mine paladin uranium

Peter Ker After three years of bad news, investors in loss-making uranium miner Paladin Energy have witnessed several developments in the past six weeks to give them hope their company can survive.